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Intel was born, it didn’t even have a business plan

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On July 18, 1968, Intel was born in the United States. The history of computers and mobile phones probably wouldn’t have been the same without Intel. It was a startup and it was in Silicon Valley (which was not yet called that) but the birth was different from the others. Meanwhile, the founders weren’t the usual kids but two middle-aged engineers who worked at Fairchild Semiconductor, a giant who wasn’t doing very well at the time.

One day in May, it was Sunday, one of the two, Gordon Moore (who will go down in history for having identified a famous law of electronics that bears his name), stops Loyola Drive, in Los Altos, at the other’s house, Robert Noyce, who was mowing the lawn at the time. The two begin to argue and agree that a new industry is about to be born and that at its core it will have a new silicon tool called a microchip. Gordon pushes them to start a startup together. “Yes it’s a good idea,” says the other. The day of birth is 1968 but it was not yet called Intel: they had chosen to use their names and since Moore Noise sounded like “More Noise” they chose “Noise Moore”, NM, which only later became Integrated Electronics, that is Intel . The second difference of Intel was that it did not start as usual in a garage but in a real office with the investors’ money already in the belly, in this case Arthur Rock, to whom we owe the term venture capitalist. Rock said that there was not even a business plan, but only a page, which then reappeared, with the generic objectives of the startup. Enough to raise two and a half million dollars and go: the market was betting on the talent of Noyce and Moore who years later about this rocket start will say: “Don’t be crushed by the past. Go and make something wonderful ”.

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