Inside Intel (Review and Analysis of Jackson's Book)
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About this ebook
This complete summary of the ideas from Tim Jackson's book "Inside Intel" shows how Robert Noyce and Gordon Moore built their company thanks to their reputations and their dedication to their goals. In his book, the author tells their compelling story and analyses what made their business decisions so effective. According to Jackson, Intel's success was based on three things: expertise, persistence and hiring the right people. This summary explores the actions behind the company's success and is sure to inspire you to overcome obstacles and stay on the path to achieving your goal no matter what.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your business knowledge
To learn more, read "Inside Intel" and discover the secrets behind the success of the global computing company and the journey taken by its founders to get there.
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Inside Intel (Review and Analysis of Jackson's Book) - BusinessNews Publishing
Book Presentation: Inside Intel by Tim Jackson
Important Note About This Ebook
Summary of Inside Intel (Tim Jackson)
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Important Note About This Ebook
This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.
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When most people think of the start-up phase of a high technology company like Intel, they have a mental picture of a lone scientist working feverishly away in a garage late at night to develop a device everyone else thinks is impossible. The establishment of Intel in 1968, however, was nothing like this cliche.
Intel’s co-founders were Robert Noyce and Gordon Moore.
Robert Noyce was 40 years old in 1968. He had been hired by Bell Laboratories in 1956 and had assisted in the development of the transistor – for which he and two other engineers had been awarded a Nobel prize. Robert Noyce was widely regarded as one of the pre-eminent engineers in his field.
When Noyce had left Bell Laboratories in 1957 to set up Fairchild Semiconductors, he came into contact with Gordon Moore who was hired to head up Fairchild’s research and development program. Moore, like Noyce, had a PhD in chemical engineering.
By 1968, both men had become disillusioned with how Fairchild was going, and decided to start their own company. To fund it, Noyce called Arthur Rock, an investment banker based in San Francisco. They put together a two-page document outlining their business plan, and made 15 phone calls to people they thought might be interested in investing in the as yet unnamed company. All 15 people agreed to provide funding – they literally lined up $2.3 million of start-up funding in one afternoon of phone calls.
It helped, of course, that both Noyce and Moore were quite wealthy themselves, and were each contributing around $300,000 themselves to the new company. Nevertheless, most of the start-up funding was provided solely on the strength of the professional reputation of