3 ms·
If you listen to Jensen Huang, founder on NVIDIA speak at Stanford about how NVIDA was able to succeed as a GPU company when there were many, many companies bui
by enos_feedler 4y ago
If you listen to Jensen Huang, founder on NVIDIA speak at Stanford about how NVIDA was able to succeed as a GPU company when there were many, many companies building graphics cards in the 90s, he has a single answer to the question "Perspective". Unfortunately I can no longer find the video of this lecture. I've tried for months now. I watched it about 10 years ago online and this statement about perspective always stuck with me. He basically says that NVIDIA's/his unique perspective on the graphics chip market and where it was going was what allowed nvidia to succeed in the market where others would fail.
The unique insight the founder brings is what differentiates them from other founder/teams going after the same market at the same (right) time.
I am not sure what you mean by "market is too efficient", but the market chooses your product because it built with the unique insight that makes it the preferred choice among other choices that were built with less superior insights. If you mean that all companies collapses on the same "efficient" product, this just isn't true. Businesses are not efficient in this regard and are actually very stubborn. Usually by the time it's given that one insight was critical, the company that began with it has an insurmountable lead.
EDIT: I found the video. It even has a labelled section called "perspective and why it matters". My memory was bad and that he was using yahoo and search engine as an example here. But the point stands. Check it out:
https://www.youtube.com/watch?v=Xn1EsFe7snQ https://www.youtube.com/watch?v=Xn1EsFe7snQ
EDIT EDIT: He does follow on to talk about GPUs and competition in 1995 and why perspective matters. My memory is on point. Phew. Such a good video. Watching again.
- cercatrova 4y agoWhat a great video. We need more like these, direct founder perspectives with no bullshit. Any other examples you like?
- egman_ekki 4y agoThanks for sharing, really curious to watch the video now. What I’m wondering before I do, though, is whether this isn’t that just an instance of survivorship bias? If there was another winner in the GPU space, you could be sharing video of someone else’s unique perspective, no? Related, there was a rather interesting episode in the Netflix documentary about gaming industry history (High Score, E4 This is War). The episode is about Sega console and how it succeeded over Nintendo and others. It shows the strategy of the Sega CEO and I’ve wondered since then if the strategy of the CEO was just his genius, luck of the market circumstances, or just survivorship bias.