IBM is a consulting company that tries to sell some of their cloud to their clients and some of their buzzwords to their investors. Normal silicon valley stuff, except that IBM manages to show up with some positive cash flow at the end of the day, unlike modern VC darlings.
> except that IBM manages to show up with some positive cash flow at the end of the day, unlike modern VC darlings
Comparing IBM to a VC funded startup doesn't make any sense to me. Big old tech companies (like IBM) in Silicon Valley mostly do turn a profit, some quite a bit more than IBM.
True. A fun fact: most also turned profit pre-IPO. Look up old S-1's.
I was just joking about the buzzword mumbo jumbo. I want someone to take me for an AI ride in a self driving cloud. I already had so many social network and Uber-for-X rides, those days were cool.
