Businesswoman in Altadena: ‘The store continues, but my entire city has disappeared’

Adriana Molina, owner of the Sidecca store, bought clothes to donate to the victims of the fires in Altadena. Despite having to evacuate herself and her family, the businesswoman drove from Long Beach to Pasadena to deliver the items to people who were also being evacuated due to the Eaton Fire. Molina’s home and business are located on the shores of Altadena and fortunately ended up intact. However, he had a feeling of guilt about all the destruction around him and knowing that he knows many people who lost their homes, including his brother Hector. “The store is still there, but my entire city is gone,” Molina said. “7,000 houses have disappeared and those are also my clients.” The Latina businesswoman launched a GoFundMe campaign, not for herself or her business, but to provide support to families who have lost their homes, many of them her clients. The future of Sidecca is unknown at the moment, but the entrepreneur says that for now she will focus on supporting families in Altadena. “I know a lot of families, maybe 89 at my children’s school, who lost everything,” says Molina, who grew up in Altadena in a close-knit community. Her parents, originally from Jalisco, still live in Altadena and like her, they feel lucky because their home was not destroyed by the fires. Adriana Molina (c) with two of her employees whom she is trying to support in these difficult times.Credit: Courtesy of Molina | Courtesy His brother Hector and his family who lost their home moved into a trailer that Molina has right outside his home, while they look for another place to live. “He went to his house and brought a bicycle, two chairs, a see-saw and two flower pots and they said: we’ll take this because this is what we have,” Molina said of his brother. Hector’s family put their things right outside the trailer so they could feel like they were home. He has a group chat with his neighbors and says they all plan to rebuild their homes. Molina started working with Sidecca 20 years ago when it was previously a chain of stores. But 13 years ago, when the company filed for bankruptcy, the Latina businesswoman bought the name and has owned it ever since. The entrepreneur opened the store in Altadena in 2020 and the store was full of cardigans, stickers, dresses and more. Molina saw the store for the first time almost two weeks after the fire, and saw its closed sign on the door with ashes over it. The premises around his were completely destroyed, with only rubble inside them. She still doesn’t understand how her business was left almost intact. In a post that the entrepreneur shared on Instagram where she announced that her business was safe, customers and community members expressed happiness and love for Sidecca. Many of them said that as soon as the store opens again, they will be there. The entrepreneur emphasizes that she still needs more time to decide if she would like to open her business again after having difficulties with the pandemic, a lawsuit and now the Eaton fire. Recently, Molina launched a fundraising event to support its employees as they are unable to work; So for now he is selling t-shirts, bags and keychains among other things with the Altadena name, a design that was very popular in his store. Additionally, he is looking for other small businesses or vendors affected by the fire so he can sell their items on the Sidecca website and give them more customers and support. The loss of the community where he grew up has impacted Molina, but he maintains that he will continue to do everything he can to support. She stresses that the support seen so far has been important, but she would like to see more support in the long term. “In a few months, I hope that the support that is being given now will continue,” Molina said. “All the donations and fundraising for the families that are displaced… because it will be more difficult in the future.”

NVIDIA’s story is that of a survivor when all its competitors disappeared or were bought

In 1998 NVIDIA was on the verge of go bankrupt. The rivalry that graphics chip manufacturers sustained during the 90s of the last century and the first decade of the current one killed many of them. In fact, as Tae Kim explains to us in the highly recommended essay book ‘The NVIDIA Way’only the company led by Jensen Huang survived in a saturated industry that still suffered from obvious immaturity. During the second half of the 1990s, between 80 and 100 companies competed in the PC graphics market, as Kim confirms in his work. Some of them were well known to users, such as Matrox, 3dfx Interactive, S3 Graphics, ATI Technologies, Hercules, Cirrus Logic, Intel, Trident, Number Nine Visual Technology or Rendition, while others were fighting to make their way in a market whose size It was at that time much smaller than today. Tae Kim argues that only NVIDIA has survived for one reason: it is the only company of all those I have mentioned so far in this article that remains as it was at that time. Most of them no longer exist, and those that remain have either been bought by other companies, such as ATI Technologies, or have had an unstable presence in the PC graphics hardware market and have made a living from other businesses, such as Intel. Jensen Huang is where he is thanks to his perseverance and intuition In his book Tae Kim assures that NVIDIA has overcome the critical moments it has faced thanks to Jensen Huang. Many of the decisions this executive has made during his career have been guided by ‘The innovators’ dilemma’one of his favorite books. Its author, American university professor Clayton M. Christensen, maintains that not dedicating the resources necessary for innovation It leaves the way free to do so for other companies that can afford to risk and bet everything on innovation with the purpose of consolidating themselves in the market. Jensen Huang has always been attentive to both talent coming from universities and strengthening his competitors. Christensen’s teachings have inspired Jensen Huang and helped him define NVIDIA’s business strategy, but, according to Kim, the company is still competing today thanks to two qualities of Huang: his perseverance and his intuition. In 1998, TSMC, which already then manufactured NVIDIA chipsran into a production problem. The latter company was running out of money, but Jensen Huang reacted and convinced three of the PC graphics card manufacturers he worked with. “Our technology is good. We will give you a 10% discount on the IPO when we go public. You just have to give us some money now,” Huang promised them. And it worked. His conviction and firm belief in the potential of his products got NVIDIA out of the quagmire, but the recipe for his success has other ingredients that we cannot ignore: his intuition and his good eye when it comes to recruiting talent. Huang has always been attentive to both talent coming from universities and strengthening his competitors. The signing of Dwight Diercks proves it. Jensen Huang followed Scott Sellers closely before he co-founded 3dfx Interactive. When the latter company went bankrupt in 2000 and was bought by NVIDIA, Huang questioned Sellers: “Which engineers are really good among all those who have been part of your team? Who are the stars?“Sellers did not hesitate to praise Dwight Diercks. And he ended up at NVIDIA. Jensen Huang is the alma mater of his company, but it is clear that he is fully aware of how essential the people he works with are. The Nvidia Way: Jensen Huang and the Making of a Tech Giant (English Edition) *Some prices may have changed since the last review Image | NVIDIA Bibliography | ‘The NVIDIA Way’by Tae Kim In Xataka | We can forget about AI without hallucinations for now. NVIDIA CEO explains why

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