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NVIDIA CEO Jensen Huang: If I had it to do over again, I wouldn't start a company

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2023-10-22 12:21:031698browse

According to news from this site on October 22, Huang Renxun has built Nvidia into a company worth trillions of dollars. However, the company’s founder and CEO recently revealed in a podcast program "Acquired" that founded Nvidia's process was a million times harder than he expected, and if he knew how difficult the process was, he wouldn't have chosen to start a business.

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Huang said, "At that time, if we realize the pain and suffering and how vulnerable you are going to feel and what you are going to endure The challenges, the embarrassment and the shame, and the list of all the things that went wrong, I don’t think anyone would start a company, no one in their right mind would do that.”

Huang Renxun said, “You have to make yourself believe It's not difficult because it's much harder than you think. If I went back with all the knowledge I have now and had to endure the whole journey again, I think it would be too difficult."

Jen-Hsun Huang was born in 1963 A Chinese-American born in Taiwan in 1999, his family later immigrated to Thailand and the United States. He worked at companies including AMD and LSI Logic before deciding to start Nvidia in 1993 after meeting two partners at a Denny's restaurant in San Jose, California. He said that The "superpower" of entrepreneurs is to be able to convince themselves that "it's not that difficult". He believes this is a must-have ability for entrepreneurs because if they knew the real difficulties and costs, they might give up.

Huang Renxun said that his biggest fear in the entrepreneurial process was disappointing his employees. He said employees join the company because they believe in his vision and dreams and make them their own. He wants to be successful for them so they can live a good life. He said that after the company went public, the stock price experienced many large fluctuations, which made him feel very embarrassed and intolerable. He thanked those who have supported him through this process. Jensen Huang owns 3.5% of Nvidia, according to FactSet.

Huang Renxun said that the current development of AI has brought huge opportunities to companies such as Nvidia. The market size for AI has grown a thousand-fold, he said. AI will create more jobs in the short term, but it will also lead to some jobs being replaced by automation. He advises people to learn how to use AI and adapt to changes in their jobs.

This site noticed that Huang Renxun also introduced Nvidia’s organizational structure and culture. He said that Nvidia is not commanded and controlled from the top down like the army, but is divided into layers like a "computing stack." He said that Nvidia is a "neural network" with each level having its own decision-making power and creativity. He believes, "Your organization should be the architecture of the machine you use to build products."

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