mannerisms

Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.

Fable: The Good Old Days

In days of yore when men were men and silicon was silicon, there was a start-up company where the founders received a 500x return on their investment within two years.

One of those co-founders used the pay-out to co-found another semiconductor company and parlayed the investment into a $15 billion fortune.

 

MORAL: To the brave go the spoils.

Tags: fable, semiconductor company, silicon, spoils, start up company

Related posts

2 Comments

  1. David Manners
    July 25, 2011 14:36

    Fairchild, george, the founders kicked in $500 each in 1957 and were bought out for $250,000 each in 1959 and one of them, Gordon Moore, co-founded Intel and amassed $15 billion.

  2. georgegrimes
    July 25, 2011 14:28

    Okay, I’ve pondered this for a month and I’ve still not figured out the men or the companies. Please inform us who you are referring to.