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Bob Noyce

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8
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2024-07-12
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2024-07-12
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  1. Game. So there's an in Ted Hoff and always trying to nurture like young talent and giving them as this entire essay is talked about. He gave them a lot of latitude and freedom and a lot of responsibility and put them in like a place with resources and structure, an environment that hopefully yields their genius into tangible product that makes the world better. In Ted Hoff, Noyce was looking at proof enough of his hypothesis that out here on the electrical frontier the great flashes came to the young. Hoff was about the same age as Noyce had been when he invented his integrated circuit. And so this new invention caused an explosion in revenue. Obviously the company's going to keep adding people and growing and so noise does what the same thing he did once the company gets too big. He wants to step away. So in 1974, Noyce turned over the actual running of Intel to Gordon Moore and Andy Grove and kicked himself upstairs to become chairman of the board. His major role was now to become the spokesman of

    2024-07-12 · Founders · #356 How The Sun Rose On Silicon Valley: Bob Noyce (Founder of Intel) · IDENTIFIED FROM THE TRANSCRIPT · source

  2. And so then we revisit this recurring theme that noise is constantly innovating, constantly improving upon what he's already doing. So Intel has a phenomenal second act that is bigger than their first act. So by the 1970s, the 1103 memory chip had given Intel an entire corner of the semiconductor market, right? But that was only a start. An Intel engineer named Ted Hoff came up with an invention as important as NOISE's integrated circuit had been a decade earlier. He invented the microprocessor, which was known as a computer on a chip. This invention leads to the possibilities for creating and using small computers. Computers so small they surpass what they most people thought imaginable. Even people already working in the industry. And it's important to highlight that this was an illustration of one of Noyce's strongest held belief that innovation is a young person's

    2024-07-12 · Founders · #356 How The Sun Rose On Silicon Valley: Bob Noyce (Founder of Intel) · IDENTIFIED FROM THE TRANSCRIPT · source

  3. The person that put that idea in my mind, the best made it the most memorable for me this idea that hey, if you're ambitious and hardworking, you want to be told how you're doing. Nick Sabin said this one time, and I've never forgot I have it in like my notebook. I read it all the time. He says, average players want to be left alone. Good players really want to be coached, and great players want to be told the truth. What did Noyce say? Noy said, if you're ambitious in working, if you have the desire to be great, you want to be told how you're doing.

    2024-07-12 · Founders · #356 How The Sun Rose On Silicon Valley: Bob Noyce (Founder of Intel) · IDENTIFIED FROM THE TRANSCRIPT · source

  4. Very fascinating. He says if you're ambitious and hardworking, Noe said, you want to be told how you're doing. In Noyce's view, this is the very surprising part to me. In Noyce's view, most of the young hotshots who were coming to work at Intel had never had the benefit of honest grades in their lives. In the late 1960s and early 1970s, college faculties had been under pressure to give all the students passing marks so they would not have to go off to Vietnam, and they had caved in At Intel, they would learn what measuring up meant.

    2024-07-12 · Founders · #356 How The Sun Rose On Silicon Valley: Bob Noyce (Founder of Intel) · IDENTIFIED FROM THE TRANSCRIPT · source

  5. In those divisions that were affected would meet and work out the problem themselves. Noyce was also a great believer in meetings. The people in each department or work unit were encouraged to convene meetings whenever the spirit moved them. If Noyce called a meeting, then he would set the agenda. But after that, everybody was equal. If you were a young engineer and you had an idea you wanted to get across, you were supposed to speak up and challenge Noyce or anybody else in the meeting. You were face to face with the inventor or the co-inventor, and he was only 41 years old and he was listening to you. So I mentioned this earlier. He talks about like the thrilling for like a young talented person. Imagine you're 24 years old just at a graduate school and you're in a meeting and Bob Noyce is paying attention and making you feel important. This was much more like a cult or like a religion than it was a company. This wasn't a corporation. It was a congregation. There were sermons. At Intel, everyone, Noyce included.

    2024-07-12 · Founders · #356 How The Sun Rose On Silicon Valley: Bob Noyce (Founder of Intel) · IDENTIFIED FROM THE TRANSCRIPT · source

  6. Everybody would be in one big room. Noyce worked at an old scratched secondhand metal desk as the company expanded, Noyce kept the same desk and new employees were given desks that were not only newer but bigger and better than his. Everybody noticed the old beat up desks. Then it goes into more detail how he structured Intel. Noyce decided to eliminate the notion of levels of management altogether. He and Moore ran the show. But below them there were only strategic business segments as they called them. So a segment would be comparable to like a major department in an Orthodox corporation, but they had far more autonomy. At Intel, here's an example of that. At Intel, if the marketing division had to make a major decision that would affect the engineering division, the problem was not routed up a hierarchy to a layer of executives who oversaw both departments. Instead, councils made up of people already working on the line.

    2024-07-12 · Founders · #356 How The Sun Rose On Silicon Valley: Bob Noyce (Founder of Intel) · IDENTIFIED FROM THE TRANSCRIPT · source

  7. So then it goes into detail about some important ideas that NOICE had at the very beginning of Intel. From the beginning, NOIS gave all the engineers and most of the office workers stock options. He had learned at Fairchild that in a business so dependent upon research, stock options were a more powerful incentive than profit sharing. Talks about the incentives that go into this. Incentives will everything around us. People sharing profits naturally wanted to concentrate on products that were already profitable rather than plunge into avant-garde research, which is what Noyce really was interested in, rather than plunge into avant-garde research that would not necessarily pay off in the short run. He also wanted the fewest layers of management as possible. He wanted ideas to win out over hierarchy. Noyce's idea that was that every employee should feel that he could go as far and as fast in this industry as his talent would take him. He didn't want any employee to look at the structure of Intel and see a complex set of hurdles. At Intel, executives would not be walled off in offices.

    2024-07-12 · Founders · #356 How The Sun Rose On Silicon Valley: Bob Noyce (Founder of Intel) · IDENTIFIED FROM THE TRANSCRIPT · source

  8. Noise and more than go set up Intel, and they do so in the exact same way they set up Fairchild. They just started with a dozen bright young electrical engineers. And they're going to bet everything on research and product development. At the beginning of Intel, Noyce and Moore are actually putting on white coats and they're working at lab tables. This is the part that Neus loved the most, but their strategy in the product they're developing is a little different. They would not be competing with Fairchild or anyone else in the already established semiconductor market. They had decided to move into what was called the most backward area of computer technology at the time, which was data storage and memory. Within two years, Noyce and Moore had developed the 1103 memory chip. Each chip contained four thousand transistors and did the work of a thousand ceramic ringlets and did it faster. So before this invention, a

    2024-07-12 · Founders · #356 How The Sun Rose On Silicon Valley: Bob Noyce (Founder of Intel) · IDENTIFIED FROM THE TRANSCRIPT · source