title
Jen-Hsun Huang: Stanford student and Entrepreneur, co-founder and CEO of NVIDIA
description
Every successful thing needs to be torn down and rebuilt. In more of an intimate conversation than a lecture, Huang relates his experience as an engineer, entrepreneur, and innovator. Find out how he meets the ever-constant challenge of re-invention as co-founder and CEO of NVIDIA.
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detail
{'title': 'Jen-Hsun Huang: Stanford student and Entrepreneur, co-founder and CEO of NVIDIA', 'heatmap': [{'end': 3791.442, 'start': 3776.606, 'weight': 1}], 'summary': "Jensen huang, co-founder of nvidia, spoke at the stanford thought leader lecture series, drawing 47 students from asia, a latin american delegation, and stanford students. he emphasized his journey from student to entrepreneur and his $30 million contribution to the school of engineering. the lecture also highlighted nvidia's vision for 3d graphics, challenges in building the company, reinventing for success, risky gamble with geforce fx, innovative culture, gpu computing, and entrepreneurial lessons.", 'chapters': [{'end': 232.797, 'segs': [{'end': 61.885, 'src': 'embed', 'start': 24.287, 'weight': 0, 'content': [{'end': 26.227, 'text': "As you can see, we've got a really full room.", 'start': 24.287, 'duration': 1.94}, {'end': 29.768, 'text': "And for those who are still coming in, there's an overflow room upstairs.", 'start': 26.527, 'duration': 3.241}, {'end': 32.069, 'text': "It's 191, is that right? Yes, it is.", 'start': 30.828, 'duration': 1.241}, {'end': 35.15, 'text': 'and there are probably some seats up there.', 'start': 33.749, 'duration': 1.401}, {'end': 38.831, 'text': "We've got a live feed, so if you want a seat, you can go upstairs.", 'start': 35.21, 'duration': 3.621}, {'end': 41.311, 'text': 'We have a very special day today.', 'start': 39.371, 'duration': 1.94}, {'end': 47.073, 'text': 'As you see, there are a lot of people who you might not see on campus before, some new faces.', 'start': 41.911, 'duration': 5.162}, {'end': 52.034, 'text': 'We have a whole group here of 47 students from around Asia who are here.', 'start': 47.433, 'duration': 4.601}, {'end': 56.842, 'text': 'Could all the folks who are here with the ACES Summit raise your hand? Okay, welcome.', 'start': 52.094, 'duration': 4.748}, {'end': 58.423, 'text': "I know you're having a terrific week.", 'start': 56.862, 'duration': 1.561}, {'end': 61.885, 'text': 'We also have an entire delegation of students from Latin America.', 'start': 58.703, 'duration': 3.182}], 'summary': '191 attendees, 47 students from asia, and a delegation from latin america are gathered for a special event.', 'duration': 37.598, 'max_score': 24.287, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ24287.jpg'}, {'end': 109.584, 'src': 'embed', 'start': 83.373, 'weight': 1, 'content': [{'end': 87.455, 'text': 'All of you should have a sheet that looks like this with all the lineup for this quarter.', 'start': 83.373, 'duration': 4.082}, {'end': 91.296, 'text': 'As you can see, we have an amazing lineup of speakers.', 'start': 87.575, 'duration': 3.721}, {'end': 92.857, 'text': 'And take a look at this.', 'start': 92.037, 'duration': 0.82}, {'end': 95.978, 'text': "I managed to sneak in at the bottom, so don't tell anyone.", 'start': 93.217, 'duration': 2.761}, {'end': 97.599, 'text': 'Hopefully people will show up for that one too.', 'start': 96.198, 'duration': 1.401}, {'end': 102.761, 'text': "The only important thing to note is when Steve Ballmer's here, we're actually going to move to Memorial Auditorium.", 'start': 98.079, 'duration': 4.682}, {'end': 105.442, 'text': "There won't even be tickets and it'll be a whole different process.", 'start': 103.041, 'duration': 2.401}, {'end': 107.423, 'text': "So you'll learn about as we get closer.", 'start': 105.482, 'duration': 1.941}, {'end': 109.584, 'text': 'But we are delighted to have you here.', 'start': 107.944, 'duration': 1.64}], 'summary': "Quarterly speaker lineup revealed, including move to memorial auditorium for steve ballmer's talk.", 'duration': 26.211, 'max_score': 83.373, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ83373.jpg'}, {'end': 151.571, 'src': 'embed', 'start': 123.892, 'weight': 5, 'content': [{'end': 130.336, 'text': 'So I would like to welcome you to the first lecture of the Draper Fisher Jurvetson Entrepreneurial Thought Leader Lecture Series,', 'start': 123.892, 'duration': 6.444}, {'end': 134.62, 'text': 'brought to you every week by the Stanford Technology Ventures Program and by BASIS,', 'start': 130.336, 'duration': 4.284}, {'end': 138.442, 'text': 'the Business Association of Stanford Engineering and Entrepreneurial Students.', 'start': 134.62, 'duration': 3.822}, {'end': 145.147, 'text': 'It is brought to us online by SCPD, and it is generously underwritten by Draper Fisher Jurvetson.', 'start': 138.943, 'duration': 6.204}, {'end': 151.571, 'text': 'I want to tell you we have an incredible group of people here in this audience, not just in this room, but in our overflow room.', 'start': 146.268, 'duration': 5.303}], 'summary': 'First lecture of dfj entrepreneurial thought leader series at stanford, underwritten by draper fisher jurvetson.', 'duration': 27.679, 'max_score': 123.892, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ123892.jpg'}, {'end': 187.117, 'src': 'embed', 'start': 164.838, 'weight': 3, 'content': [{'end': 172.742, 'text': "if you go to eCorner.stanford.edu, you can listen to all the podcasts of the past lectures for the past, I don't know five or six years.", 'start': 164.838, 'duration': 7.904}, {'end': 176.185, 'text': 'It is my extreme pleasure to introduce our guest today.', 'start': 173.823, 'duration': 2.362}, {'end': 179.068, 'text': 'We have Jensen Huang, who is the co-founder of NVIDIA.', 'start': 176.545, 'duration': 2.523}, {'end': 183.032, 'text': 'And I want to tell you, 18 years ago, he was sitting in your seat.', 'start': 179.489, 'duration': 3.543}, {'end': 187.117, 'text': "He was an MS student, a master's student here in electrical engineering.", 'start': 183.633, 'duration': 3.484}], 'summary': 'Ecorner.stanford.edu offers 5-6 years of podcast lectures. jensen huang, nvidia co-founder, was a former ms student at stanford.', 'duration': 22.279, 'max_score': 164.838, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ164838.jpg'}, {'end': 232.797, 'src': 'embed', 'start': 203.384, 'weight': 4, 'content': [{'end': 208.205, 'text': 'The new building that you see going up just outside is going to be named the Rank Building.', 'start': 203.384, 'duration': 4.821}, {'end': 212.246, 'text': 'And he gave $30 million to name that building.', 'start': 208.685, 'duration': 3.561}, {'end': 215.447, 'text': 'So hopefully 18 years from now, you guys will be doing the same.', 'start': 212.426, 'duration': 3.021}, {'end': 218.608, 'text': 'So without further ado, we have Jensen White.', 'start': 215.887, 'duration': 2.721}, {'end': 219.168, 'text': 'Thank you.', 'start': 218.888, 'duration': 0.28}, {'end': 226.295, 'text': 'Thank you, Tina.', 'start': 225.555, 'duration': 0.74}, {'end': 231.417, 'text': 'I gave my last pennies to Jim Plummer to build that building.', 'start': 226.855, 'duration': 4.562}, {'end': 232.797, 'text': 'I am now officially broke.', 'start': 231.617, 'duration': 1.18}], 'summary': 'The rank building received a $30 million donation for construction.', 'duration': 29.413, 'max_score': 203.384, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ203384.jpg'}], 'start': 1.198, 'title': 'Stanford and entrepreneurial thought leader lecture series', 'summary': "Covers the stanford thought leader lecture series, drawing 47 students from asia, a latin american delegation, and stanford students, featuring speakers like steve ballmer. additionally, it introduces the entrepreneurial thought leader lecture series' first session with jensen huang, co-founder of nvidia, emphasizing his journey from student to entrepreneur and his $30 million contribution to the school of engineering.", 'chapters': [{'end': 102.761, 'start': 1.198, 'title': 'Stanford thought leader lecture series', 'summary': 'Presents the stanford thought leader lecture series, hosting a full room with 47 students from asia and a delegation from latin america, along with stanford students, and featuring a lineup of speakers including steve ballmer.', 'duration': 101.563, 'highlights': ['The lecture series hosts a full room with 47 students from Asia and a delegation from Latin America, along with Stanford students.', "The lineup for this quarter includes an amazing lineup of speakers, with a special mention of Steve Ballmer's appearance.", 'An overflow room is available for those still coming in, with a live feed and seating available upstairs.']}, {'end': 232.797, 'start': 103.041, 'title': 'Entrepreneurial thought leader lecture series', 'summary': "Introduces the first lecture of the draper fisher jurvetson entrepreneurial thought leader lecture series, featuring jensen huang, co-founder of nvidia and a generous donor to the school of engineering, emphasizing his journey from being a master's student to a successful entrepreneur and his significant contribution of $30 million towards the construction of the rank building.", 'duration': 129.756, 'highlights': ["Jensen Huang, co-founder of NVIDIA, was a master's student at Stanford and founded the company only two years after graduating, serving as the president, CEO, and a member of the board of directors since its inception.", 'Jensen Huang generously donated $30 million to name the new building, emphasizing the importance of giving back to the School of Engineering and inspiring the audience to aspire to do the same in the future.', 'The lecture series is brought to the audience every week by the Stanford Technology Ventures Program and by BASIS, the Business Association of Stanford Engineering and Entrepreneurial Students, and is underwritten by Draper Fisher Jurvetson, showcasing the collaborative effort to provide valuable entrepreneurial insights and education.', 'The audience can access archived podcasts of past lectures by visiting eCorner.stanford.edu, offering an extensive collection of valuable resources for learning and reference.', "Jensen Huang's journey from being a master's student to a successful entrepreneur serves as an inspirational example for the audience, highlighting the potential for growth and achievement in the field of technology and entrepreneurship."]}], 'duration': 231.599, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ1198.jpg', 'highlights': ['The lecture series hosts a full room with 47 students from Asia and a delegation from Latin America, along with Stanford students.', "The lineup for this quarter includes an amazing lineup of speakers, with a special mention of Steve Ballmer's appearance.", 'An overflow room is available for those still coming in, with a live feed and seating available upstairs.', "Jensen Huang, co-founder of NVIDIA, was a master's student at Stanford and founded the company only two years after graduating, serving as the president, CEO, and a member of the board of directors since its inception.", 'Jensen Huang generously donated $30 million to name the new building, emphasizing the importance of giving back to the School of Engineering and inspiring the audience to aspire to do the same in the future.', 'The lecture series is brought to the audience every week by the Stanford Technology Ventures Program and by BASIS, the Business Association of Stanford Engineering and Entrepreneurial Students, and is underwritten by Draper Fisher Jurvetson, showcasing the collaborative effort to provide valuable entrepreneurial insights and education.', "Jensen Huang's journey from being a master's student to a successful entrepreneur serves as an inspirational example for the audience, highlighting the potential for growth and achievement in the field of technology and entrepreneurship."]}, {'end': 717.476, 'segs': [{'end': 287.799, 'src': 'embed', 'start': 235.078, 'weight': 0, 'content': [{'end': 244.06, 'text': 'So instead of giving you a company presentation today, what I thought I would do is just have a conversation with you.', 'start': 235.078, 'duration': 8.982}, {'end': 244.72, 'text': 'At any time.', 'start': 244.12, 'duration': 0.6}, {'end': 252.423, 'text': "if you have a question, if you would like to change the direction of our conversation, just raise your hand and we'll talk about whatever comes up.", 'start': 244.72, 'duration': 7.703}, {'end': 258.868, 'text': 'A lot of people talk about and write about building companies.', 'start': 254.946, 'duration': 3.922}, {'end': 266.651, 'text': 'And I can tell you firsthand that building a company is extraordinarily gratifying.', 'start': 259.728, 'duration': 6.923}, {'end': 269.893, 'text': 'It is also incredibly hard.', 'start': 267.572, 'duration': 2.321}, {'end': 282.517, 'text': 'And so the things that that you want to talk about with respect to the company building process is rather expansive.', 'start': 271.373, 'duration': 11.144}, {'end': 287.799, 'text': 'You could talk about company building processes from a lot of different perspectives.', 'start': 283.057, 'duration': 4.742}], 'summary': 'Building a company is gratifying yet incredibly hard, open to diverse perspectives.', 'duration': 52.721, 'max_score': 235.078, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ235078.jpg'}, {'end': 381.81, 'src': 'embed', 'start': 359.946, 'weight': 3, 'content': [{'end': 370.048, 'text': 'All right, so 16 years ago we started NVIDIA, and the insight that we had, some people call it vision.', 'start': 359.946, 'duration': 10.102}, {'end': 373.448, 'text': "Vision's an awfully big word to me.", 'start': 371.748, 'duration': 1.7}, {'end': 378.589, 'text': "Vision's an awfully big word to me because I believe, first of all, vision matters.", 'start': 374.328, 'duration': 4.261}, {'end': 381.81, 'text': "Let me tell you that vision matters, and I'll help you understand that in a second.", 'start': 379.269, 'duration': 2.541}], 'summary': 'Nvidia was founded 16 years ago based on a significant vision.', 'duration': 21.864, 'max_score': 359.946, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ359946.jpg'}, {'end': 640.734, 'src': 'embed', 'start': 613.997, 'weight': 5, 'content': [{'end': 619.879, 'text': 'nobody would have created the company with the sole purpose of building technology to make video games possible.', 'start': 613.997, 'duration': 5.882}, {'end': 622.421, 'text': 'And so that was our perspective.', 'start': 620.9, 'duration': 1.521}, {'end': 632.025, 'text': 'Now we felt that video games would of course fuel the technology development, but you could use this technology for a whole bunch of other reasons.', 'start': 622.981, 'duration': 9.044}, {'end': 640.734, 'text': 'And one of my favorite applications This happened about, I guess, about five years ago.', 'start': 632.685, 'duration': 8.049}], 'summary': 'Technology created not solely for video games. can be used for various applications.', 'duration': 26.737, 'max_score': 613.997, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ613997.jpg'}, {'end': 717.476, 'src': 'embed', 'start': 691.906, 'weight': 4, 'content': [{'end': 697.629, 'text': "And satellite images will continue to download and before you know it, you're right there on the street and you might even see some buildings.", 'start': 691.906, 'duration': 5.723}, {'end': 704.411, 'text': 'That small company was eventually purchased by Google and became Google Earth.', 'start': 698.849, 'duration': 5.562}, {'end': 713.415, 'text': 'Google Earth is now the single largest downloaded, most frequently downloaded application in the history of mankind.', 'start': 705.192, 'duration': 8.223}, {'end': 717.476, 'text': 'over 200 plus million downloads.', 'start': 714.915, 'duration': 2.561}], 'summary': 'Google earth is the most downloaded app in history with over 200 million downloads.', 'duration': 25.57, 'max_score': 691.906, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ691906.jpg'}], 'start': 235.078, 'title': "Challenges and success in building a company and nvidia's vision for 3d graphics", 'summary': "Explores the broad and demanding nature of company building, emphasizing open-ended conversation. it also highlights nvidia founders' vision for 3d graphics, overcoming skepticism to impact the digital media industry.", 'chapters': [{'end': 287.799, 'start': 235.078, 'title': 'Building a company: a conversation', 'summary': 'Discusses the challenges and rewards of building a company and emphasizes the broad and demanding nature of the company building process, encouraging an open-ended conversation.', 'duration': 52.721, 'highlights': ['Building a company is gratifying but incredibly hard, emphasizing the challenging nature of the process.', 'The conversation is open-ended, allowing for questions and direction changes, promoting an interactive and flexible discussion environment.', 'The company building process is expansive and can be approached from various perspectives, highlighting the multifaceted nature of the topic.']}, {'end': 717.476, 'start': 288.9, 'title': "Nvidia's vision for 3d graphics", 'summary': "Highlights the perspective of nvidia's founders in recognizing the potential of 3d graphics technology for video games, despite initial skepticism, leading to the company's success and the impact of their technology on the digital media industry.", 'duration': 428.576, 'highlights': ["NVIDIA foresaw the potential of 3D graphics technology for video games, leading to the company's success in the world's largest digital media industry today. NVIDIA's founders recognized the entertainment value and market potential of video games, leading them to believe in the significance of 3D graphics technology, which has now become a dominant force in the digital media industry.", "The founders' perspective on 3D virtual world technology, despite initial skepticism, led to the creation of Google Earth, the most frequently downloaded application in history with over 200 million downloads. The founders' belief in the value of 3D virtual world technology led them to invest in Keyhole, which was later acquired by Google and evolved into Google Earth, demonstrating the impact of their perspective on technological advancements and widespread adoption.", "Initial skepticism about the video game market and 3D graphics technology from investors and older generations, contrasted with the founders' belief, which ultimately proved to be true with the immense success of the video game industry and technological advancements. Despite facing skepticism from investors and older generations, NVIDIA's founders' belief in the potential of the video game market and 3D graphics technology has been validated by the immense success and growth of the video game industry, highlighting the founders' unique perspective and foresight."]}], 'duration': 482.398, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ235078.jpg', 'highlights': ['Building a company is gratifying but incredibly hard, emphasizing the challenging nature of the process.', 'The conversation is open-ended, allowing for questions and direction changes, promoting an interactive and flexible discussion environment.', 'The company building process is expansive and can be approached from various perspectives, highlighting the multifaceted nature of the topic.', "NVIDIA foresaw the potential of 3D graphics technology for video games, leading to the company's success in the world's largest digital media industry today.", "The founders' perspective on 3D virtual world technology, despite initial skepticism, led to the creation of Google Earth, the most frequently downloaded application in history with over 200 million downloads.", "Initial skepticism about the video game market and 3D graphics technology from investors and older generations, contrasted with the founders' belief, which ultimately proved to be true with the immense success of the video game industry and technological advancements."]}, {'end': 1431.452, 'segs': [{'end': 751.629, 'src': 'embed', 'start': 718.596, 'weight': 0, 'content': [{'end': 722.477, 'text': 'So 3D graphics could be used for a lot more than video games.', 'start': 718.596, 'duration': 3.881}, {'end': 731.919, 'text': 'Now that vision, if you will, that perspective, was unique at the time and hard to sell.', 'start': 722.897, 'duration': 9.022}, {'end': 739.601, 'text': 'And so we had to go and explain it to venture capitalists who had to figure out whether the technology was going to be possible.', 'start': 732.72, 'duration': 6.881}, {'end': 740.662, 'text': 'how big was the market?', 'start': 739.601, 'duration': 1.061}, {'end': 742.362, 'text': 'because it was zero billion dollars at the time?', 'start': 740.662, 'duration': 1.7}, {'end': 751.629, 'text': 'So how do you extrapolate, how do you scope the size of a market when its apparent size was zero at the time?', 'start': 743.683, 'duration': 7.946}], 'summary': 'Pitching 3d graphics to venture capitalists for a market with zero billion dollars.', 'duration': 33.033, 'max_score': 718.596, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ718596.jpg'}, {'end': 882.338, 'src': 'embed', 'start': 845.819, 'weight': 1, 'content': [{'end': 851.384, 'text': "And so they said, well, you know, we can't figure it out ourselves, but it doesn't cost much to give them a million or two.", 'start': 845.819, 'duration': 5.565}, {'end': 857.149, 'text': "And they invested in a small company called what eventually became Jerry's company called Yahoo.", 'start': 852.425, 'duration': 4.724}, {'end': 864.215, 'text': "Notice, although I had the perspective about one thing, I didn't have the perspective about something else.", 'start': 858.39, 'duration': 5.825}, {'end': 866.637, 'text': "Just because you're a visionary doesn't mean you're a visionary about everything.", 'start': 864.335, 'duration': 2.302}, {'end': 874.083, 'text': "Your perspective stems from your life experiences, what's commonsensical about you, what's interesting to you.", 'start': 867.257, 'duration': 6.826}, {'end': 880.397, 'text': "And so that's important to realize that you have perspective too.", 'start': 876.414, 'duration': 3.983}, {'end': 882.338, 'text': 'Therefore, you have vision too.', 'start': 880.857, 'duration': 1.481}], 'summary': 'Invested a million or two in a small company, which became yahoo. perspective is shaped by life experiences and common sense.', 'duration': 36.519, 'max_score': 845.819, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ845819.jpg'}, {'end': 996.812, 'src': 'embed', 'start': 966.021, 'weight': 3, 'content': [{'end': 967.324, 'text': 'They saw the world differently.', 'start': 966.021, 'duration': 1.303}, {'end': 969.047, 'text': 'So perspective matters.', 'start': 968.025, 'duration': 1.022}, {'end': 970.19, 'text': 'Vision matters.', 'start': 969.548, 'duration': 0.642}, {'end': 981.542, 'text': 'Now in our industry, Shortly after we were started, 3D graphics for PCs and consumer 3D graphics became the hottest, hottest thing.', 'start': 971.512, 'duration': 10.03}, {'end': 985.604, 'text': 'And so everybody in Silicon Valley was starting a 3D graphics company.', 'start': 982.422, 'duration': 3.182}, {'end': 990.868, 'text': 'We were, in 1993, the only consumer 3D graphics company in the world.', 'start': 986.465, 'duration': 4.403}, {'end': 996.812, 'text': 'Silicon Graphics up the street was the professional, if you will, 3D graphics company.', 'start': 991.609, 'duration': 5.203}], 'summary': 'In 1993, the company was the only consumer 3d graphics company in the world.', 'duration': 30.791, 'max_score': 966.021, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ966021.jpg'}, {'end': 1092.492, 'src': 'embed', 'start': 1067.124, 'weight': 4, 'content': [{'end': 1073.569, 'text': 'And so the question is, why does one survive? Well, I think that it matters to have perspective, and let me give you some examples.', 'start': 1067.124, 'duration': 6.445}, {'end': 1081.856, 'text': 'I always believed that you need to understand the reason why your business work.', 'start': 1075.831, 'duration': 6.025}, {'end': 1092.492, 'text': 'What is the essence of your business? What makes it work? Now, the foundation of my business, at its core, is semiconductor technology.', 'start': 1083.609, 'duration': 8.883}], 'summary': 'Survival relies on perspective and understanding business essence, like semiconductor technology.', 'duration': 25.368, 'max_score': 1067.124, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ1067124.jpg'}, {'end': 1351.791, 'src': 'embed', 'start': 1317.686, 'weight': 5, 'content': [{'end': 1338.623, 'text': 'seven years into our company I came to the conclusion that 3D graphics was not going to be sustainable as a accelerator or a fixed function device that renders texture maps and polygons on the screen.', 'start': 1317.686, 'duration': 20.937}, {'end': 1349.889, 'text': 'That we had to change the company to make the 3D graphics processor programmable so that it could be an artistic medium for expression.', 'start': 1339.703, 'duration': 10.186}, {'end': 1351.791, 'text': 'Now this is a weird word.', 'start': 1350.51, 'duration': 1.281}], 'summary': 'After 7 years, realized 3d graphics needed to be programmable for artistic expression.', 'duration': 34.105, 'max_score': 1317.686, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ1317686.jpg'}], 'start': 718.596, 'title': 'Venture capital and tech evolution', 'summary': 'Delves into the challenges of selling unique tech visions to venture capitalists, citing examples of 3d graphics and missed opportunities with yahoo. it also explores the evolution of tech companies, emphasizing the importance of perspective, vision, and innovation, with case studies of companies like google and nvidia. it underscores the significance of understanding the fundamental essence of a business and strategic decisions that lead to sustained industry leadership and innovation.', 'chapters': [{'end': 882.338, 'start': 718.596, 'title': 'Venture capital and perspective in tech', 'summary': 'Discusses the challenges of selling a unique vision to venture capitalists, exemplified by the struggle to assess the market potential for 3d graphics and the missed opportunity with yahoo, showcasing the importance of perspective and vision in tech ventures.', 'duration': 163.742, 'highlights': ['The struggle to assess the market potential for 3D graphics, which was zero billion dollars at the time, exemplifies the challenge of selling a unique vision to venture capitalists. The chapter highlights the difficulty of conveying the market potential for 3D graphics to venture capitalists, given that the market size was essentially zero at the time.', 'The missed opportunity with Yahoo, where the speaker failed to foresee its potential, emphasizes the importance of perspective and vision in tech ventures. The speaker reflects on a missed opportunity with Yahoo, showcasing the significance of perspective and vision in identifying potential tech ventures.', "The reminder that having a visionary perspective in one domain does not guarantee vision in all areas serves as an important lesson in understanding one's own limitations. The chapter emphasizes that being a visionary in one domain does not ensure vision in all areas, underscoring the importance of recognizing personal limitations in assessing opportunities."]}, {'end': 1431.452, 'start': 883.278, 'title': 'The evolution of technology companies', 'summary': 'Discusses the evolution of technology companies like search engines and 3d graphics companies, highlighting the importance of perspective, vision, and innovation in shaping their success, with examples of companies like google and nvidia. it also emphasizes the significance of understanding the fundamental essence of a business, such as semiconductor technology, and the strategic decision to make 3d graphics processors programmable for artistic expression, leading to sustained industry leadership and innovation.', 'duration': 548.174, 'highlights': ['The significance of perspective and vision in shaping the success of technology companies, illustrated through examples like Google and NVIDIA, which started with the same fundamental core technology but ended up in radically different places due to their different perspectives. significance of perspective and vision, examples of Google and NVIDIA, impact on company success', "The importance of understanding the fundamental essence of a business, such as semiconductor technology, and its impact on shaping a survivable business, citing Moore's Law as a law of competition and pace-setting in the semiconductor industry. importance of understanding business essence, impact on survivability, role of semiconductor technology, reference to Moore's Law", 'The strategic decision to make 3D graphics processors programmable for artistic expression, leading to sustained industry leadership, innovation, and impact on video game development, as evidenced by the widespread influence of programmable shaders in modern video games. strategic decision to make processors programmable, impact on industry leadership, innovation, influence on video game development']}], 'duration': 712.856, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ718596.jpg', 'highlights': ['The struggle to assess the market potential for 3D graphics, which was zero billion dollars at the time, exemplifies the challenge of selling a unique vision to venture capitalists.', 'The missed opportunity with Yahoo, where the speaker failed to foresee its potential, emphasizes the importance of perspective and vision in tech ventures.', "The reminder that having a visionary perspective in one domain does not guarantee vision in all areas serves as an important lesson in understanding one's own limitations.", 'The significance of perspective and vision in shaping the success of technology companies, illustrated through examples like Google and NVIDIA.', "The importance of understanding the fundamental essence of a business, such as semiconductor technology, and its impact on shaping a survivable business, citing Moore's Law as a law of competition and pace-setting in the semiconductor industry.", 'The strategic decision to make 3D graphics processors programmable for artistic expression, leading to sustained industry leadership, innovation, and impact on video game development.']}, {'end': 2043.218, 'segs': [{'end': 1464.348, 'src': 'embed', 'start': 1433.097, 'weight': 0, 'content': [{'end': 1438.599, 'text': 'But the crossing from one generation of technology to the next generation almost killed the company.', 'start': 1433.097, 'duration': 5.502}, {'end': 1450.425, 'text': 'And so that process of reinventing the company, the perspective that led us to a new idea, also risks the company in the process.', 'start': 1439.5, 'duration': 10.925}, {'end': 1452.806, 'text': 'And those are interesting conversations that we can have.', 'start': 1450.505, 'duration': 2.301}, {'end': 1454.747, 'text': "So there's perspective matters.", 'start': 1453.346, 'duration': 1.401}, {'end': 1464.348, 'text': 'When a company gets larger, you guys are going to learn that as the founder or as the CEO, you have to learn new things.', 'start': 1455.765, 'duration': 8.583}], 'summary': 'Company nearly failed during tech transition, reinvention risky but necessary for growth.', 'duration': 31.251, 'max_score': 1433.097, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ1433097.jpg'}, {'end': 1523.009, 'src': 'embed', 'start': 1498.779, 'weight': 3, 'content': [{'end': 1504.762, 'text': 'So the culture of a company is important to find out, to put your arms around and to create and develop.', 'start': 1498.779, 'duration': 5.983}, {'end': 1510.381, 'text': 'How do you organize? We were just talking earlier with one of the guys.', 'start': 1505.782, 'duration': 4.599}, {'end': 1512.062, 'text': 'Are you functionally organized??', 'start': 1510.782, 'duration': 1.28}, {'end': 1513.743, 'text': 'Are you organized in business units??', 'start': 1512.122, 'duration': 1.621}, {'end': 1517.726, 'text': 'How do you deal with multiple products and multiple geographies and multiple customers?', 'start': 1514.184, 'duration': 3.542}, {'end': 1520.067, 'text': "And so that's the company building process.", 'start': 1518.266, 'duration': 1.801}, {'end': 1523.009, 'text': "It's mechanical.", 'start': 1522.249, 'duration': 0.76}], 'summary': 'Company culture is crucial for organizational development and success.', 'duration': 24.23, 'max_score': 1498.779, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ1498779.jpg'}, {'end': 1584.649, 'src': 'embed', 'start': 1554.938, 'weight': 2, 'content': [{'end': 1555.719, 'text': 'Training matters.', 'start': 1554.938, 'duration': 0.781}, {'end': 1557.66, 'text': "But it's not enough.", 'start': 1556.88, 'duration': 0.78}, {'end': 1570.749, 'text': "The part of it that is important to realize about building companies is that it's a challenging and painful,", 'start': 1559.001, 'duration': 11.748}, {'end': 1575.462, 'text': 'and oftentimes extraordinarily scary thing to do.', 'start': 1570.749, 'duration': 4.713}, {'end': 1583.708, 'text': "And so, unless you have passion, unless you really love the process of building the company and what you're trying to do, it's going to be incredibly,", 'start': 1576.182, 'duration': 7.526}, {'end': 1584.649, 'text': 'incredibly challenging.', 'start': 1583.708, 'duration': 0.941}], 'summary': 'Passion for building companies is crucial for success.', 'duration': 29.711, 'max_score': 1554.938, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ1554938.jpg'}, {'end': 1774.535, 'src': 'embed', 'start': 1749.909, 'weight': 1, 'content': [{'end': 1756.951, 'text': "How do you cannibalize it? There is a theory that if you don't cannibalize it, someone will, and it surely will be cannibalized.", 'start': 1749.909, 'duration': 7.042}, {'end': 1765.853, 'text': 'And so, if you want to be a market leader, you have to take the initiative to cannibalize your own products and have your ideas.', 'start': 1757.791, 'duration': 8.062}, {'end': 1766.973, 'text': 'cannibalize your own ideas.', 'start': 1765.853, 'duration': 1.12}, {'end': 1774.535, 'text': 'When we went from a fixed function graphics accelerator,', 'start': 1768.633, 'duration': 5.902}], 'summary': 'To be a market leader, cannibalize your own products and ideas.', 'duration': 24.626, 'max_score': 1749.909, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ1749909.jpg'}, {'end': 1834.492, 'src': 'embed', 'start': 1804.272, 'weight': 4, 'content': [{'end': 1810.374, 'text': 'We took enormous chance in building GeForce FX, but it almost broke our back.', 'start': 1804.272, 'duration': 6.102}, {'end': 1815.896, 'text': "But if we didn't build that chip, I am sure NVIDIA would be dead today.", 'start': 1810.774, 'duration': 5.122}, {'end': 1818.256, 'text': "I am absolutely certain we'd be dead.", 'start': 1816.916, 'duration': 1.34}, {'end': 1821.497, 'text': 'It was one of the biggest gambles in our history.', 'start': 1818.857, 'duration': 2.64}, {'end': 1834.492, 'text': "We had to create Instead of an API, we had to go to a processor with a language, we call it CG, and a compiler, so it's kind of like a processor.", 'start': 1822.478, 'duration': 12.014}], 'summary': 'Building geforce fx was a huge gamble that saved nvidia from potential failure.', 'duration': 30.22, 'max_score': 1804.272, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ1804272.jpg'}, {'end': 1975.663, 'src': 'embed', 'start': 1926.808, 'weight': 5, 'content': [{'end': 1929.21, 'text': 'Is it an economic decision for you?', 'start': 1926.808, 'duration': 2.402}, {'end': 1931.611, 'text': 'For example,', 'start': 1930.09, 'duration': 1.521}, {'end': 1939.836, 'text': 'there are rumors that we were not enthusiastic in building some of the game consoles and we were more enthusiastic in building other game consoles.', 'start': 1931.611, 'duration': 8.225}, {'end': 1941.978, 'text': 'It came down to this for me.', 'start': 1940.797, 'duration': 1.181}, {'end': 1950.804, 'text': 'I think you have to realize what is the finite resource, what is the scarce resource that you have as a manager.', 'start': 1942.038, 'duration': 8.766}, {'end': 1959.29, 'text': 'The function of a manager is to allocate resources properly for the best return.', 'start': 1951.704, 'duration': 7.586}, {'end': 1964.254, 'text': 'And so, if you think about our resources,', 'start': 1960.591, 'duration': 3.663}, {'end': 1975.663, 'text': 'our resource is the finite number of extraordinary engineers and how much time they have in a day to pursue whatever opportunities that are out there.', 'start': 1964.254, 'duration': 11.409}], 'summary': 'Managers need to allocate engineers wisely for best return.', 'duration': 48.855, 'max_score': 1926.808, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ1926808.jpg'}], 'start': 1433.097, 'title': "Reinventing for success and nvidia's risky gamble with geforce fx", 'summary': "Discusses the challenges and risks of reinventing a company, the importance of culture and organization, and the necessity of passion and purpose in building a successful company, as exemplified by the speaker's experience at nvidia. it also explores how nvidia's gamble with building the geforce fx chip paid off, leading to the development of a new programming paradigm and the company's success in using gpus for general purpose computing, despite facing economic challenges in the gaming industry.", 'chapters': [{'end': 1774.535, 'start': 1433.097, 'title': 'Reinventing for success', 'summary': "Discusses the challenges and risks of reinventing a company, the importance of culture and organization, and the necessity of passion and purpose in building a successful company, as exemplified by the speaker's experience at nvidia.", 'duration': 341.438, 'highlights': ["The importance of reinventing a company due to the rapid pace of technology, as not doing so results in slow decline, exemplified by the impact of Moore's Law on the technology industry. Reinventing the company was necessary due to the rapid pace of technology, as not doing so results in slow decline. Moore's Law sets a fast pace for technological advancement.", "The necessity of cannibalizing successful products to stay ahead in the market and the theory that if a company doesn't cannibalize its own products, someone else will. To maintain market leadership, it's crucial to cannibalize successful products and have one's own ideas cannibalize previous ones. Not doing so risks losing market relevance to competitors.", 'The importance of passion and purpose in building a company, as without it, the process becomes incredibly challenging. Passion and purpose are crucial in building a company, as the process is challenging and often scary. Lack of passion and purpose makes it incredibly challenging.', "The significance of building a company with a strong culture and effective organization, highlighting the impact of culture on a company's success. Building a company with a strong culture and effective organization is significant for its success. Culture plays a key role in determining a company's success."]}, {'end': 2043.218, 'start': 1774.535, 'title': "Nvidia's risky gamble with geforce fx", 'summary': "Discusses how nvidia's gamble with building the geforce fx chip paid off, leading to the development of a new programming paradigm and the company's success in using gpus for general purpose computing, despite facing economic challenges in the gaming industry.", 'duration': 268.683, 'highlights': ["NVIDIA's gamble with building the GeForce FX chip paid off, leading to the development of a new programming paradigm and success in using GPUs for general purpose computing The risky decision to build the GeForce FX chip paid off, leading to the development of a new programming paradigm and the company's success in using GPUs for general purpose computing.", 'Economics in the gaming industry and the decision-making process at NVIDIA The discussion about the economics of building game consoles and the decision-making process at NVIDIA based on resource allocation and opportunity cost.', "Competition's impact on pricing and resource allocation The impact of competition on pricing and resource allocation, with emphasis on the finite resource of extraordinary engineers and the decision-making process based on supply and demand."]}], 'duration': 610.121, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ1433097.jpg', 'highlights': ["Reinventing a company is crucial due to the rapid pace of technology and Moore's Law's impact.", 'Cannibalizing successful products is necessary to maintain market leadership and relevance.', 'Passion and purpose are crucial in building a company, making the process less challenging.', 'Building a company with a strong culture and effective organization is significant for success.', "NVIDIA's gamble with building the GeForce FX chip led to a new programming paradigm and success in using GPUs for general purpose computing.", 'Discussion about the economics of building game consoles and the decision-making process at NVIDIA.', "Competition's impact on pricing and resource allocation, emphasizing the finite resource of extraordinary engineers."]}, {'end': 2389.491, 'segs': [{'end': 2105.528, 'src': 'embed', 'start': 2071.425, 'weight': 0, 'content': [{'end': 2081.516, 'text': "However, I don't believe you can fundamentally say that innovation, that you want, as a CEO, to nurture the spirit of innovation,", 'start': 2071.425, 'duration': 10.091}, {'end': 2088.302, 'text': 'to encourage innovation, unless you have a culture of risk taking.', 'start': 2081.516, 'duration': 6.786}, {'end': 2100.21, 'text': 'We have to encourage our engineers excuse me our marketing people, all of our employees,', 'start': 2091.583, 'duration': 8.627}, {'end': 2105.528, 'text': 'to take calculated risks in order to Encourage them to take calculated risks.', 'start': 2100.21, 'duration': 5.318}], 'summary': 'Ceos should foster a culture of risk-taking to encourage innovation among employees.', 'duration': 34.103, 'max_score': 2071.425, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2071425.jpg'}, {'end': 2197.06, 'src': 'embed', 'start': 2165.865, 'weight': 2, 'content': [{'end': 2168.847, 'text': 'That your instincts, your intuition is something you ought to follow.', 'start': 2165.865, 'duration': 2.982}, {'end': 2176.511, 'text': "If it wasn't because of following my own instincts, or the founder's instincts, or many of our employees' instincts,", 'start': 2169.668, 'duration': 6.843}, {'end': 2182.594, 'text': "why would we be where we are today and why would we have invented things that the market's never had before, the world's never had before?", 'start': 2176.511, 'duration': 6.083}, {'end': 2187.816, 'text': 'So you have to have this culture or tolerance for risk taking.', 'start': 2183.214, 'duration': 4.602}, {'end': 2190.037, 'text': 'But the thing about failure is this.', 'start': 2188.736, 'duration': 1.301}, {'end': 2197.06, 'text': 'If you fail often enough, you actually might become a failure.', 'start': 2191.297, 'duration': 5.763}], 'summary': 'Instincts and risk-taking drive innovation and success, but failure can lead to becoming a failure.', 'duration': 31.195, 'max_score': 2165.865, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2165865.jpg'}, {'end': 2318.671, 'src': 'embed', 'start': 2293.634, 'weight': 1, 'content': [{'end': 2305.083, 'text': 'and ideas take no time to experiment a particular website or a particular company could be throwing ideas out into the world 20 a day.', 'start': 2293.634, 'duration': 11.449}, {'end': 2317.71, 'text': 'And so, unless you are thoughtful about risk-taking and being able to change your mind, reacting to the market conditions and being flexible,', 'start': 2307.679, 'duration': 10.031}, {'end': 2318.671, 'text': 'how are you going to stay alive?', 'start': 2317.71, 'duration': 0.961}], 'summary': 'Experimenting with 20 ideas daily helps companies stay adaptable and survive.', 'duration': 25.037, 'max_score': 2293.634, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2293634.jpg'}], 'start': 2045.387, 'title': "Nvidia's innovative culture", 'summary': "Discusses nvidia's culture of innovation, emphasizing risk-taking and failure tolerance to encourage success. it also focuses on cultivating a flexible and experimental mindset to drive innovation in a competitive market.", 'chapters': [{'end': 2165.224, 'start': 2045.387, 'title': "Nvidia's culture of innovation", 'summary': "Discusses nvidia's culture of innovation, emphasizing the importance of nurturing a spirit of innovation through a culture of risk-taking and developing a tolerance for failure to encourage success.", 'duration': 119.837, 'highlights': ['Nurturing a culture of risk-taking is essential for encouraging innovation and success, requiring both skill and courage to take calculated risks.', 'Encouraging employees to develop a tolerance for failure is crucial for fostering a spirit of innovation and ultimately achieving success.', 'Teaching employees the skill of taking calculated risks and fostering the courage to tolerate failure is vital for nurturing a culture of innovation at NVIDIA.']}, {'end': 2389.491, 'start': 2165.865, 'title': 'Cultivating a culture of risk-taking and innovation', 'summary': 'Emphasizes the importance of cultivating a culture of risk-taking and innovation, teaching individuals to fail quickly and inexpensively, and fostering a flexible and experimental mindset to drive innovation and success in a competitive market.', 'duration': 223.626, 'highlights': ['The importance of following instincts and cultivating a tolerance for risk-taking to drive innovation and invention in the market. Following instincts and fostering a culture of risk-taking has led to the invention of groundbreaking products and solutions, positioning the company as a leader in innovation.', 'Emphasizing the need to teach individuals to fail quickly and change courses as soon as a dead end is recognized, promoting intellectual honesty and continuous assessment of decisions. Teaching individuals to fail quickly and be intellectually honest allows for swift course changes and prevents the accumulation of failures that could lead to overall failure.', 'Encouraging a flexible and experimental mindset to react to market conditions and foster innovation in a competitive, 24-7 environment. In a competitive environment, being flexible and experimental is essential to react to market conditions and drive innovation, especially in internet-based services where rapid experimentation is crucial for survival.']}], 'duration': 344.104, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2045387.jpg', 'highlights': ['Nurturing a culture of risk-taking is essential for encouraging innovation and success, requiring both skill and courage to take calculated risks.', 'Encouraging a flexible and experimental mindset to react to market conditions and foster innovation in a competitive, 24-7 environment.', 'The importance of following instincts and cultivating a tolerance for risk-taking to drive innovation and invention in the market.']}, {'end': 2941.048, 'segs': [{'end': 2447.631, 'src': 'embed', 'start': 2391.312, 'weight': 0, 'content': [{'end': 2396.296, 'text': 'And they were two of my closest colleagues, and I trust them completely.', 'start': 2391.312, 'duration': 4.984}, {'end': 2400.198, 'text': "And they're wonderful friends even today.", 'start': 2397.596, 'duration': 2.602}, {'end': 2407.95, 'text': 'So by the way, as a CEO, selecting people is 99% of the job.', 'start': 2403.684, 'duration': 4.266}, {'end': 2418.225, 'text': "What applications do you see driving demand in the general purpose? Which is like what's going to be like the next big thing?", 'start': 2409.352, 'duration': 8.873}, {'end': 2428.457, 'text': "So the question is what do I see driving the demand for this thing that we're pushing right now, called GPU computing,", 'start': 2419.912, 'duration': 8.545}, {'end': 2431.039, 'text': 'using the GPU for much more than just graphics?', 'start': 2428.457, 'duration': 2.582}, {'end': 2437.843, 'text': 'For graphics there is a model of graphics that we call computational graphics.', 'start': 2432.14, 'duration': 5.703}, {'end': 2441.705, 'text': "So it's using programs to generate the images.", 'start': 2438.523, 'duration': 3.182}, {'end': 2447.631, 'text': 'The algorithms are no longer cast into silicon, the algorithms are actually software.', 'start': 2442.686, 'duration': 4.945}], 'summary': 'Ceo emphasizes the importance of selecting people; discusses gpu computing and computational graphics.', 'duration': 56.319, 'max_score': 2391.312, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2391312.jpg'}, {'end': 2594.776, 'src': 'embed', 'start': 2567.075, 'weight': 2, 'content': [{'end': 2571.937, 'text': "Now just to put it in perspective, 100 times is a Moore's Law time approximately 10 years.", 'start': 2567.075, 'duration': 4.862}, {'end': 2582.265, 'text': 'Now to put 10 years worth of computing resources in the hands of scientists, researchers, engineers, unbelievable benefits.', 'start': 2574.619, 'duration': 7.646}, {'end': 2589.351, 'text': 'And so the risk was really large, however, to make our GPU even more general purpose.', 'start': 2583.186, 'duration': 6.165}, {'end': 2594.776, 'text': 'Because every time you make something general purpose, you know what right a Swiss Army knife?', 'start': 2589.732, 'duration': 5.044}], 'summary': '100x increase in computing power every 10 years brings huge benefits.', 'duration': 27.701, 'max_score': 2567.075, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2567075.jpg'}, {'end': 2738.418, 'src': 'embed', 'start': 2710.45, 'weight': 3, 'content': [{'end': 2718.469, 'text': "though you can't build a great company When you have three people who has to vote on everything and with equal share of responsibilities.", 'start': 2710.45, 'duration': 8.019}, {'end': 2719.25, 'text': "you simply can't.", 'start': 2718.469, 'duration': 0.781}, {'end': 2721.411, 'text': 'That becomes a leadership question.', 'start': 2719.83, 'duration': 1.581}, {'end': 2723.071, 'text': 'That becomes a governance question.', 'start': 2721.471, 'duration': 1.6}, {'end': 2724.972, 'text': 'That becomes a management question.', 'start': 2723.432, 'duration': 1.54}, {'end': 2729.494, 'text': 'That becomes a question about building a great company.', 'start': 2725.933, 'duration': 3.561}, {'end': 2738.418, 'text': "I don't recall exactly the conversation, but I think it kind of went like this.", 'start': 2730.915, 'duration': 7.503}], 'summary': 'Challenges in building a great company with three decision-makers and equal responsibilities.', 'duration': 27.968, 'max_score': 2710.45, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2710450.jpg'}, {'end': 2797.707, 'src': 'embed', 'start': 2765.852, 'weight': 5, 'content': [{'end': 2770.434, 'text': "As a personality, I've always been able to see around the corners, if you will.", 'start': 2765.852, 'duration': 4.582}, {'end': 2772.755, 'text': 'I can see around the fuzzy edges.', 'start': 2771.034, 'duration': 1.721}, {'end': 2780.518, 'text': 'And I think CEOs and leaders need to be comfortable with ambiguity.', 'start': 2773.715, 'duration': 6.803}, {'end': 2787.6, 'text': "Ambiguity meaning that, what does the future look like? Well, it's hard to say.", 'start': 2782.438, 'duration': 5.162}, {'end': 2789.501, 'text': 'Some people hate that.', 'start': 2788.24, 'duration': 1.261}, {'end': 2797.707, 'text': 'Some people just say, Jensen, tell me what you need to have done and with how much resource and by when.', 'start': 2791.007, 'duration': 6.7}], 'summary': 'Ceos and leaders need to be comfortable with ambiguity, as the future is hard to predict.', 'duration': 31.855, 'max_score': 2765.852, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2765852.jpg'}, {'end': 2907.007, 'src': 'embed', 'start': 2878.01, 'weight': 4, 'content': [{'end': 2879.171, 'text': 'The process kind of went like this.', 'start': 2878.01, 'duration': 1.161}, {'end': 2884.254, 'text': 'We started my first official day of work was my 30th birthday, February 17th.', 'start': 2879.371, 'duration': 4.883}, {'end': 2888.537, 'text': 'And we got the company funded.', 'start': 2884.975, 'duration': 3.562}, {'end': 2892.12, 'text': 'And so, once we got started, the question is what are we going to do?', 'start': 2888.938, 'duration': 3.182}, {'end': 2893.601, 'text': 'How does it all work out??', 'start': 2892.14, 'duration': 1.461}, {'end': 2894.682, 'text': 'How do we start the company?', 'start': 2893.681, 'duration': 1.001}, {'end': 2901.925, 'text': "And so we met every day the three of us in one of the founders' townhouse in Fremont.", 'start': 2895.382, 'duration': 6.543}, {'end': 2907.007, 'text': 'And we would get together, and there would be nothing to do.', 'start': 2902.705, 'duration': 4.302}], 'summary': 'Company founded on feb 17th, met daily to start the business.', 'duration': 28.997, 'max_score': 2878.01, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2878010.jpg'}], 'start': 2391.312, 'title': 'People, gpu computing, company building, and leadership', 'summary': 'Discusses the impact of selecting the right people, the potential of gpu computing in accelerating computationally intensive tasks up to 100 times faster, and the process of building a company from the initial stages, including securing funding and challenges faced.', 'chapters': [{'end': 2643.324, 'start': 2391.312, 'title': 'Selecting the right people and the future of gpu computing', 'summary': 'Discusses the importance of selecting the right people and the potential of gpu computing, highlighting its impact on applications like computational graphics and the significant acceleration of computationally intensive tasks, reaching up to 100 times faster, which can provide approximately 10 years worth of computing resources in the hands of scientists and researchers.', 'duration': 252.012, 'highlights': ['The significance of selecting the right people is emphasized, with the statement that as a CEO, selecting people is 99% of the job.', 'The potential of GPU computing is discussed, focusing on its impact on applications like computational graphics and the acceleration of computationally intensive tasks, reaching up to 100 times faster.', 'The observation that the GPU could accelerate computationally intensive applications 50 to 100 times faster, providing approximately 10 years worth of computing resources in the hands of scientists and researchers, is highlighted.', 'The decision to make the GPU more general purpose is discussed, indicating the potential risks and benefits associated with such a move, emphasizing the importance of intense focus in a particular market segment.', 'The risk and benefits associated with making the GPU more general purpose are highlighted, emphasizing the potential dangers of moving away from the core business while acknowledging the importance of the decision and its fabulous results.']}, {'end': 2941.048, 'start': 2643.344, 'title': 'Building a great company and leadership', 'summary': 'Discusses the initial stages of building a company with equal pay and shares, the importance of governance and leadership, and the process of starting a company without any business or marketing background, leading to securing funding and the challenges faced in the initial phase.', 'duration': 297.704, 'highlights': ['The importance of governance and leadership in a company where all founders have equal pay and shares, leading to the need for a clear leadership structure to build a successful company. Equal pay and shares among founders, need for clear leadership structure, governance and management challenges', 'The process of starting a company without any business or marketing background, securing funding, and the challenges faced in the initial phase, such as the lack of direction and decision-making in the early days. Starting a company without business or marketing background, securing funding, challenges in the initial phase, lack of direction and decision-making', 'The need for comfort with ambiguity for successful CEOs and leaders, emphasizing the importance of being comfortable with uncertainty and being able to navigate through ambiguous situations. Importance of comfort with ambiguity, need to navigate through uncertain situations']}], 'duration': 549.736, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2391312.jpg', 'highlights': ['The significance of selecting the right people is emphasized, with the statement that as a CEO, selecting people is 99% of the job.', 'The potential of GPU computing is discussed, focusing on its impact on applications like computational graphics and the acceleration of computationally intensive tasks, reaching up to 100 times faster.', 'The observation that the GPU could accelerate computationally intensive applications 50 to 100 times faster, providing approximately 10 years worth of computing resources in the hands of scientists and researchers, is highlighted.', 'The importance of governance and leadership in a company where all founders have equal pay and shares, leading to the need for a clear leadership structure to build a successful company.', 'The process of starting a company without any business or marketing background, securing funding, and the challenges faced in the initial phase, such as the lack of direction and decision-making in the early days.', 'The need for comfort with ambiguity for successful CEOs and leaders, emphasizing the importance of being comfortable with uncertainty and being able to navigate through ambiguous situations.', 'The decision to make the GPU more general purpose is discussed, indicating the potential risks and benefits associated with such a move, emphasizing the importance of intense focus in a particular market segment.', 'The risk and benefits associated with making the GPU more general purpose are highlighted, emphasizing the potential dangers of moving away from the core business while acknowledging the importance of the decision and its fabulous results.']}, {'end': 3800.716, 'segs': [{'end': 3000.186, 'src': 'embed', 'start': 2965.236, 'weight': 0, 'content': [{'end': 2975.099, 'text': 'And the amount of money, he says, we need some money from you so that we could price the shares and also to incorporate the company.', 'start': 2965.236, 'duration': 9.863}, {'end': 2977.58, 'text': 'So he says, how much money do you have in your pocket? I said, $200.', 'start': 2975.139, 'duration': 2.441}, {'end': 2979.16, 'text': 'So he says, okay, give me $200.', 'start': 2977.58, 'duration': 1.58}, {'end': 2979.561, 'text': 'I gave him $200.', 'start': 2979.16, 'duration': 0.401}, {'end': 2980.921, 'text': 'And for $200, I bought 15%, I think it was 20% of NVIDIA.', 'start': 2979.561, 'duration': 1.36}, {'end': 2995.644, 'text': 'Laughter So it was a good deal.', 'start': 2980.941, 'duration': 14.703}, {'end': 3000.186, 'text': 'Yeah, 20%, yeah.', 'start': 2998.005, 'duration': 2.181}], 'summary': 'Invested $200 for 20% shares in nvidia, a good deal.', 'duration': 34.95, 'max_score': 2965.236, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2965236.jpg'}, {'end': 3148.353, 'src': 'embed', 'start': 3059.591, 'weight': 1, 'content': [{'end': 3061.873, 'text': 'They introduced us to two venture capitalists.', 'start': 3059.591, 'duration': 2.282}, {'end': 3065.335, 'text': "And I just went to their office and told them what I'd like to do.", 'start': 3062.934, 'duration': 2.401}, {'end': 3073.502, 'text': 'The thing that gets the company funded, and when you get to that point, you just have to remember a few things.', 'start': 3066.696, 'duration': 6.806}, {'end': 3080.511, 'text': "VCs don't invest in business plans because business plans are easy to write.", 'start': 3075.528, 'duration': 4.983}, {'end': 3082.993, 'text': "I couldn't write it, but other people could.", 'start': 3081.472, 'duration': 1.521}, {'end': 3086.895, 'text': 'And so they invest in this.', 'start': 3084.774, 'duration': 2.121}, {'end': 3089.857, 'text': 'They invest in great people.', 'start': 3087.636, 'duration': 2.221}, {'end': 3098.92, 'text': 'And so the question is, do they trust you? Your reputation matters.', 'start': 3092.419, 'duration': 6.501}, {'end': 3102.382, 'text': 'Your history matters.', 'start': 3099.48, 'duration': 2.902}, {'end': 3111.627, 'text': 'Because I had done so much work with Andy Bechtolsheim, which was another graduate of Stanford and the founder of Sun,', 'start': 3103.202, 'duration': 8.425}, {'end': 3120.332, 'text': 'and worked with the founders of Synopsys and LSI Logic, and we were all very successful and we did good work.', 'start': 3111.627, 'duration': 8.705}, {'end': 3130.44, 'text': 'your reputation will precede you, even if your business plan writing skills are inadequate.', 'start': 3122.674, 'duration': 7.766}, {'end': 3134.463, 'text': "And the second thing is, you need to have a vision that's sufficiently large to invest in.", 'start': 3130.56, 'duration': 3.903}, {'end': 3138.926, 'text': 'Because their statistics, their probability of success is rather low.', 'start': 3135.244, 'duration': 3.682}, {'end': 3148.353, 'text': "And if they need to put in $10 million, If the market's only $20 million large, they'll never get that $10 million back with reasonable return.", 'start': 3139.587, 'duration': 8.766}], 'summary': 'Venture capitalists invest in great people and large visions, not just business plans; reputation and vision are key.', 'duration': 88.762, 'max_score': 3059.591, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ3059591.jpg'}, {'end': 3220.993, 'src': 'embed', 'start': 3196.336, 'weight': 4, 'content': [{'end': 3207.103, 'text': 'I truly believe that if you want to be successful, a successful habit is to have the capacity and the willingness to learn from just about anybody.', 'start': 3196.336, 'duration': 10.767}, {'end': 3208.604, 'text': 'And I do.', 'start': 3208.244, 'duration': 0.36}, {'end': 3211.426, 'text': 'I learn from just about anybody.', 'start': 3210.025, 'duration': 1.401}, {'end': 3214.088, 'text': 'And it could be a little thing, it could be a big thing.', 'start': 3212.187, 'duration': 1.901}, {'end': 3220.993, 'text': "If it wasn't because of my kids, I would miss the whole Internet age.", 'start': 3215.349, 'duration': 5.644}], 'summary': 'Successful habit: capacity to learn from anybody; influenced by kids in internet age.', 'duration': 24.657, 'max_score': 3196.336, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ3196336.jpg'}, {'end': 3393.95, 'src': 'embed', 'start': 3362.959, 'weight': 5, 'content': [{'end': 3365.301, 'text': 'And it really tests your conviction.', 'start': 3362.959, 'duration': 2.342}, {'end': 3372.647, 'text': 'In the technology industry, reinventing the company every 10 years is almost a necessary thing.', 'start': 3366.882, 'duration': 5.765}, {'end': 3377.392, 'text': "So when I say challenging, I don't mean bad challenging.", 'start': 3373.448, 'duration': 3.944}, {'end': 3378.753, 'text': "I think that's fun challenging.", 'start': 3377.432, 'duration': 1.321}, {'end': 3382.987, 'text': 'I love the process of reinvention.', 'start': 3380.566, 'duration': 2.421}, {'end': 3384.627, 'text': "So that's fun challenging.", 'start': 3383.627, 'duration': 1}, {'end': 3387.108, 'text': "What's my best forecast for our company?", 'start': 3385.327, 'duration': 1.781}, {'end': 3393.95, 'text': 'I think that NVIDIA has the opportunity to become one of the most important technology companies in the world.', 'start': 3387.188, 'duration': 6.762}], 'summary': 'Nvidia aims to become one of the top tech companies through reinvention every decade.', 'duration': 30.991, 'max_score': 3362.959, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ3362959.jpg'}, {'end': 3636.477, 'src': 'embed', 'start': 3613.383, 'weight': 6, 'content': [{'end': 3620.466, 'text': "I think that it's a much, much better process to focus on ultimately developing the next generation of leaders so that,", 'start': 3613.383, 'duration': 7.083}, {'end': 3626.108, 'text': "in the case that something happens where I'm not the right CEO anymore, there are many choices for the board to choose from.", 'start': 3620.466, 'duration': 5.642}, {'end': 3628.17, 'text': 'including outside.', 'start': 3627.389, 'duration': 0.781}, {'end': 3636.477, 'text': 'So those are, I think the company building process, focusing on that is the positive way of thinking about succession planning.', 'start': 3629.411, 'duration': 7.066}], 'summary': 'Developing next-gen leaders is vital for succession planning in company building.', 'duration': 23.094, 'max_score': 3613.383, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ3613383.jpg'}, {'end': 3800.716, 'src': 'heatmap', 'start': 3776.606, 'weight': 1, 'content': [{'end': 3782.352, 'text': "You have to have a perspective that's unique, that you feel really strongly about it,", 'start': 3776.606, 'duration': 5.746}, {'end': 3787.117, 'text': "that you're willing to persevere almost any challenge to make it happen.", 'start': 3782.352, 'duration': 4.765}, {'end': 3790.501, 'text': "That's the reason why you should start to come here.", 'start': 3787.137, 'duration': 3.364}, {'end': 3791.442, 'text': 'Okay? Thank you, everybody.', 'start': 3790.521, 'duration': 0.921}, {'end': 3800.716, 'text': 'Have my back.', 'start': 3800.104, 'duration': 0.612}], 'summary': 'Start with a unique perspective and strong determination to overcome challenges.', 'duration': 24.11, 'max_score': 3776.606, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ3776606.jpg'}], 'start': 2941.829, 'title': "Nvidia's early days and entrepreneurial lessons", 'summary': "Delves into nvidia's early days, its incorporation with minimal capital, and venture capital lessons. it also emphasizes the importance of learning from everyone, reinventing a company, and leadership succession planning in growing a successful technology company, illustrated by a successful entrepreneur's experiences.", 'chapters': [{'end': 3172.048, 'start': 2941.829, 'title': "Nvidia's early days and venture capital lessons", 'summary': 'Highlights the early days of nvidia, including how the company was incorporated with minimal capital and the key lessons learned from venture capitalists, emphasizing the importance of great people, reputation, and a large market vision for successful investment.', 'duration': 230.219, 'highlights': ["The founder incorporated NVIDIA with only $200 and acquired 20% of the company, highlighting the early days of the company's capitalization.", 'The venture capitalists emphasized the importance of investing in great people and a vision for a large market, stating that reputation and market size matter more than the business plan.', 'The founder learned that VCs prioritize trust in the entrepreneur and the potential for a significant return on investment in a large market, highlighting the key factors for successful funding.', 'The founder acknowledged the significance of reputation and previous successful collaborations in gaining trust from venture capitalists, underlining the value of a strong professional history.']}, {'end': 3800.716, 'start': 3172.809, 'title': 'Lessons from a successful entrepreneur', 'summary': "Highlights the importance of learning from everyone, the challenges of reinventing a company, and the necessity of leadership succession planning in growing a successful technology company, exemplified by a successful entrepreneur's experiences.", 'duration': 627.907, 'highlights': ["The importance of learning from just about anybody, including the capacity and willingness to learn from anyone, as a successful habit for being successful. Emphasizes the significance of learning from various sources and the impact of constantly adapting to change, as exemplified by the speaker's experience with technology advancements, including YouTube, Facebook, and Twitter.", "The challenge of reinventing a company, particularly in the technology industry, and the necessity of embracing the process, including the gut-wrenching nature and the testing of conviction. Emphasizes the necessity of reinventing a company in the technology industry every 10 years, highlighting the speaker's perspective on the challenging yet enjoyable nature of the process.", "The importance of leadership succession planning for cultivating new leaders and fostering growth within the company, including the need to focus on developing the next generation of leaders rather than a toxic process of a priori succession planning. Emphasizes the speaker's focus on mentoring and cultivating new leaders, as well as the adverse effects of toxic succession planning, highlighting the positive approach towards company building and succession planning."]}], 'duration': 858.887, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/Xn1EsFe7snQ/pics/Xn1EsFe7snQ2941829.jpg', 'highlights': ["The founder incorporated NVIDIA with only $200 and acquired 20% of the company, highlighting the early days of the company's capitalization.", 'The venture capitalists emphasized the importance of investing in great people and a vision for a large market, stating that reputation and market size matter more than the business plan.', 'The founder learned that VCs prioritize trust in the entrepreneur and the potential for a significant return on investment in a large market, highlighting the key factors for successful funding.', 'The founder acknowledged the significance of reputation and previous successful collaborations in gaining trust from venture capitalists, underlining the value of a strong professional history.', 'The importance of learning from just about anybody, including the capacity and willingness to learn from anyone, as a successful habit for being successful.', 'The challenge of reinventing a company, particularly in the technology industry, and the necessity of embracing the process, including the gut-wrenching nature and the testing of conviction.', 'The importance of leadership succession planning for cultivating new leaders and fostering growth within the company, including the need to focus on developing the next generation of leaders rather than a toxic process of a priori succession planning.']}], 'highlights': ['Jensen Huang, co-founder of NVIDIA, spoke at the Stanford Thought Leader Lecture Series, drawing 47 students from Asia, a Latin American delegation, and Stanford students.', 'Jensen Huang generously donated $30 million to name the new building, emphasizing the importance of giving back to the School of Engineering and inspiring the audience to aspire to do the same in the future.', "Jensen Huang's journey from being a master's student to a successful entrepreneur serves as an inspirational example for the audience, highlighting the potential for growth and achievement in the field of technology and entrepreneurship.", "NVIDIA foresaw the potential of 3D graphics technology for video games, leading to the company's success in the world's largest digital media industry today.", "The founders' perspective on 3D virtual world technology, despite initial skepticism, led to the creation of Google Earth, the most frequently downloaded application in history with over 200 million downloads.", 'The strategic decision to make 3D graphics processors programmable for artistic expression, leading to sustained industry leadership, innovation, and impact on video game development.', "NVIDIA's gamble with building the GeForce FX chip led to a new programming paradigm and success in using GPUs for general purpose computing.", 'Nurturing a culture of risk-taking is essential for encouraging innovation and success, requiring both skill and courage to take calculated risks.', 'The potential of GPU computing is discussed, focusing on its impact on applications like computational graphics and the acceleration of computationally intensive tasks, reaching up to 100 times faster.', "The founder incorporated NVIDIA with only $200 and acquired 20% of the company, highlighting the early days of the company's capitalization.", 'The venture capitalists emphasized the importance of investing in great people and a vision for a large market, stating that reputation and market size matter more than the business plan.', 'The founder learned that VCs prioritize trust in the entrepreneur and the potential for a significant return on investment in a large market, highlighting the key factors for successful funding.', 'The importance of learning from just about anybody, including the capacity and willingness to learn from anyone, as a successful habit for being successful.']}