What he did have was the support of LSIâs founder, Wilf Corrigan. The following day, Huang and Priem traveled to Sequoiaâs offices to pitch Don Valentine, the firmâs famously blunt founder. (Valentineâs favorite question for start-ups was âWho cares?â) The pitch went badly, with Huang fumbling over his presentation and Priem interrupting with irrelevant technical asides. After this uninspiring performance, Valentine took Huang aside. âWell, that wasnât very good,â he said. âBut Wilf Corrigan says I have to fund you, so youâre in business.
Related Quotes
He said the basic research unit was not affordable and needed to be downsized. He was quite concerned about IBMâs software business, mainframe business, and midrange products. As I look back at my notes, it is clear he understood most, if not all, of the business issues we tackled over the ensuing years. Whatâs striking from my notes is the absence of any mention of culture, teamwork, customers, or leadershipâthe elements that turned
out to be the toughest challenges at IBMâŚ
I went home with a deepening sense of fear. Could I pull this off? Who was going to help me?
Huang eschewed drama and led by example, driving himself hard, refraining from gossip, and carefully apportioning credit for good work. If a product was going to be late or if LSI couldnât deliver on some promised function, Huang would immediately provide a detailed description of what had gone wrong, who was responsible, and what he was doing to fix it.
âWhen he said he was going to do something, there was a reasonable likelihood that he would actually do it, yâknow?â Malachowsky said. Malachowsky struggled to think of other Silicon Valley product managers who fit that description.
If Huang had a flaw, it was that he embraced candor in the extreme, sometimes crossing into the territory of insult. The bluntness was part of his charm, of course, but it could leave peopleâs feelings hurt. He didnât have much patience for people who disagreed with him, and he also seemed genuinely surprised that there were people working in his industry who didnât want to spend fourteen hours a day fiddling with the circuit simulator. Of course, for quarrelsome workaholics like Priem and Malachowsky, these traits were only further evidence of Jensenâs managerial fitness.
The product was known as a âgraphics accelerator,â and at least thirty-five competitors were trying to build one. Huang worried there was no space for a thirty-sixth. The leading expert in computer graphics was Jon Peddie, who had written several textbooks on the topic. Huang had reached out to Peddie to get a sense of the market, and the two soon became friends, with Huang calling incessantly, asking questions late into the night. Peddie advised Huang that the space was too crowded and that many of the best engineers were already working for other start-ups. âI told him not to do it,â Peddie said. âThat was the best advice he never took.
But Huangâs knowledge of business books was encyclopedic. Dwight Diercks recalled Huang arguing with another executive about how much Nvidiaâs products should cost. âThe guy had an MBA, but heâd never read a book about pricing,â Diercks said. âJensen had read probably ten or fifteen.â As the argument progressed, Huang halted the discussion and asked the MBA to name his three favorite books on pricing. The guy fumbled around for a bit, unable to name a single title. Huang listed out his three favorites, then told the executive heâd resume the discussion once heâd finished them.
The independent directors laid out what they knew: This was not the first time that senior leaders had described Altman in this way. In total, the three of them had heard similar feedback from at least seven people within one to two levels of Altman, inclusive of Sutskever, Murati, and Amodei, who oversaw safety and nonsafety parts of the company. Several had described Altmanâs behaviors as abuse and manipulation; most had highlighted his lack of honesty and their inability to trust what he said. Then there were the myriad other issues that the independent directors themselves had found, including the disempowerment of the nonprofit; Altman not disclosing his legal ownership of the OpenAI Startup Fund; Altman neglecting to mention Microsoftâs DSB breach; Altman trying to force DâAngelo and now apparently Toner off the board.