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Read this from Nvidia's CEO if considering starting company

Oct 20, 2023 - businessinsider.com
Nvidia CEO, Jensen Huang, has stated that starting a company was much harder than he anticipated and he wouldn't do it again if given the choice. Speaking on the "Acquired" podcast, Huang described the process as "a million times harder" than expected, citing the vulnerability, challenges, embarrassment, and shame as reasons why he believes no one in their right mind would start a company. However, he also noted that underestimating the difficulty can be an entrepreneur's superpower, as it allows them to push through the challenges.

Despite the hardships, Nvidia has become a trillion-dollar company under Huang's leadership, joining the ranks of Amazon, Microsoft, and Apple. The company's success in the AI chip manufacturing industry has significantly increased Huang's net worth, placing him in the top 20 of Forbes' annual list of the 400 richest Americans for the first time. Huang, who is also known for his signature black leather jackets, has an estimated net worth of $37.3 billion.

Key takeaways:

  • Nvidia CEO Jensen Huang said starting a company was 'a million times harder' than he expected and he wouldn't do it again if he had the chance.
  • Huang believes it's beneficial for entrepreneurs to underestimate the challenges of starting a business, as it helps them to keep going.
  • Nvidia has become a trillion-dollar company, joining the likes of Amazon, Microsoft, and Apple, due to the demand for AI chips.
  • Huang has an estimated net worth of $37.3 billion and has become a fashion icon for his signature black leather jackets.
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