Q: Did your ventures seem risky to
you at the time?
A: “I get asked that question constantly.
Most people who start companies or even
join early startups do not think about it
in terms of risk. They would be focusing
on the wrong things. You need to look
at what you get to build. Do you come
out of it with a set of skills that are more
valuable? In startups, you are able to do
a number of things you could never do
in a large company. An engineer could
be involved in or even drive a marketing
effort. Those are skills that are valuable
throughout your career.
The most difficult thing was calling
my father, who is a long-time professor at
Maryland. He had been in academe for 45
years and came from a very academic family.
I told him that I was leaving Harvard
(where I was then an assistant professor)
to move back to the West Coast to work
on this company. The questions that came
back to me included risk, but ultimately
the big question was: “Do they pay well?”
In that context, I thought, who is ‘they’
and what is ‘pay’?”
Q: What has been the impact of
your work on the semiconductor
industry?
A: “The net impact is very high. The
semiconductor industry, at the time, was
struggling with the dilemma of continuing
to decrease feature sizes. The engine
for that industry has been the continual
decrease in the size of circuit elements,
fabricated on a chip that costs less and
consumes less power. There was a perceived
road block at the time, and we
were able to create the technology and
tools to enable the semiconductor industry
to keep going along its path. Virtually
every chip in the world is made using that
technology.”
Q: How would you describe how
your work has improved people’s
lives?
A: “We use the electronics and chips in
virtually every aspect of our lives today,
whether it’s the phone or the computer. We have come to count on constant
improvement in our gadgets and devices
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and technology tools. I would say the flow-through from the semiconductor
industry has improved people’s lives.”
Q: Sezmi is a very different type of
company. What steered you in that
direction?
A: “What leads you to these things is
essentially the opportunity. And the rest
is all about learning how to do it. At
Sezmi, what we are doing is easy for most
people to understand. The environment is
very disrupted right now in the television
industry. You have digital video recorders,
digital televisions and products to push
Internet content on to your television set.
It’s all available, but it is a very fragmented
environment and an unpleasant experience.
Most people are struggling with
the number of wires and the number of
remotes they need. That is almost an ideal
setting for someone to come in and say I
can change this. I can bring it all together,
and I can get rid of the biggest headache
most people have, which is the price they
pay for services that they largely don’t use.
Sezmi is a full replacement for cable and
satellite at half the price you would pay
for any comparable offering.
Q: How can engineering schools
prepare students to become innovators
and entrepreneurs?
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A: “Engineers tend to be innovators at
heart. Whether or not they exhibit it up
front, it’s there. It’s an innate quality among people who go into engineering.
Two things are missing in today’s
engineering education. Engineering
schools typically do a poor job of teaching
students to communicate. You can
never be an entrepreneur without those
skills because you are constantly selling
the ideas, the vision and the concept for
your business.
The second one is a little bit harder to
teach. In an entrepreneurial setting, you
can’t be afraid of going out on a limb.
The Clark School is building the necessary
support for entrepreneurship and
establishing an entrepreneurial culture to
reduce that fear. When surrounded with
examples of successful startups, students
may begin to understand that their perceived
risks are not true risks.”
Q: Do you have any advice for budding
entrepreneurs?
A: “If I had one piece of advice it would
be to stop thinking and obsessing about
every detail. Too often you worry about
everything that can go wrong. As entrepreneurs
you need to focus on what you
are doing right.” |
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