Shulou(Shulou.com)11/24 Report--

CTOnews.com, October 22 (Xinhua)-- Huang Renxun has built Nvidia into a trillion-dollar company, but the company's founder and CEO recently revealed in a podcast "Acquired" that the process of starting Nvidia is 1 million times harder than he expected, and if he knew how hard it was, he wouldn't choose to start a business.

Huang Renxun said, "at that time, if we realized the pain and suffering, and how vulnerable you would feel, as well as the challenges, embarrassment and shame you would endure, and a list of all the things that went wrong, I didn't think anyone would start a company. No one in their right mind would do that."

"you have to convince yourself that it's not difficult, because it's much harder than you think," Huang said. "if I go back with all my current knowledge and have to endure the whole journey again, I think it's too difficult."

Huang Renxun is a Chinese-American born in Taiwan in 1963. His family later emigrated to Thailand and the United States. He worked for companies such as AMD and LSI Logic and decided to start Nvidia after meeting with two partners at a Denny's restaurant in San Jose, Calif., in 1993. The "superpower" of entrepreneurs, he says, is the ability to convince themselves that "it's not that difficult." He believes that this is the ability that entrepreneurs must have, because if they know the real difficulties and costs, they may give up.

Huang Renxun says his biggest fear in the process of starting a business is to disappoint his employees. He says employees join the company because they believe in his vision and dreams and regard them as their own. He hopes to succeed for them so that 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 unbearable. He thanked the people who had supported him in the process. According to FactSet, Huang Renxun owns 3.5 per cent of Nvidia.

Huang Renxun said that the current development of AI has brought great opportunities for companies such as Nvidia. 'The market for AI has grown a thousand times,'he said. AI will create more jobs in the short term, but it will also cause some jobs to be replaced by automation. He advises people to learn how to use AI and adapt to changes in work.

CTOnews.com noted that Huang Renxun also introduced the organizational structure and culture of Nvidia. He said that Nvidia is not commanded and controlled from the top down like the army, but is divided into different levels like a "computing stack." Nvidia is a "neural network", he says, with each level having its own decision-making power and creativity. "your organization should be the architecture of the machine on which you build the product," he said. "

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