NVIDIA CEO Jensen Huang Says He Wouldn’t Start the Company Today
Nvidia CEO Jensen Huang says he wouldn’t start the company today, citing the difficulty of building a successful tech company.
Nvidia CEO Jensen Huang says he wouldn’t start the company today, citing the difficulty of building a successful tech company.
NVIDIA CEO Jensen Huang Says He Wouldn’t Start the Company Today
NVIDIA CEO Jensen Huang recently shared his insights on building the company and the challenges he faced. He emphasized that the journey was much harder than he had anticipated and that nobody in their right mind would have started the company knowing the true toll it would take.
Huang, who was born in Taiwan and moved to Thailand and the US with his family, co-founded NVIDIA after meeting Dennis at a restaurant in San Jose, California. He said that he wouldn’t start the company today, given the challenges he faced.
Despite the difficulties, Huang remains positive and believes that entrepreneurs need to be able to trick themselves into believing that things are harder than they actually are. He expressed his fear of letting employees down and emphasized the importance of having a vision that people can believe in and aspire to.
Huang credits the support of a network of people for helping him persevere despite doubts and challenges. He shared his experience of leading NVIDIA during a period when the company’s share price seemed to be in free fall, and how he endured the embarrassment of the company’s first public listing.
More recently, NVIDIA’s stock price has retreated and lost ground following major surges in previous months. Despite these setbacks, Huang believes that the development of artificial intelligence presents enormous opportunities for companies like NVIDIA. He predicts that the market opportunity for AI has grown probably a thousand times.
Huang also addressed the impact of AI on jobs, acknowledging that while AI creates jobs in the near term, it doesn’t guarantee that certain jobs won’t be lost as automation becomes more prevalent. He advised people to learn how to use AI, arguing that job changes are inevitable.