CJ, Re: Does the book go into that at all?>
Yes, most of chapter 1 deals with Intel coming out of Fairchild out of Shockley Labs.
The mass defection from Shockley Laboratories had been provoked by the old man's irascibility and paranoia, and his insistence on ignoring their advice in a technical dispute over which area of research they should concentrate on. To raise funding for the new company, the "Traitorous Eight" struck a deal with Sherman Fairchild, an inventor on the east Coast whose father had been one of IBM's earliest investors. Fairchild had advanced $1.5M to them in 1957, on the understanding that they would create a subsidiary of his Fairchild Camera and Instrument Corporation specializing in the manufacture of semiconductors. If the venture failed, Fairchild would pick up the tab. If it was a success, the company would have the right to buy them out for $300,000 apiece.
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Every season, seeds from Fairchild would spin away gently in the wind, land somewhere nearby, and burst into growth as new saplings.
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moneymen from New York began to come up with strange compensation schemes, in which the general manager of each part of the division was paid a bonus linked to the current profits of the business he was responsible fore. This turned cooperation into rivalry...
The bell tolled for Fairchild Semi in 1967 when Charlie Sporck, the company's famed manufacturing genius, set up in competition at Nat. Semi...
Extracts. More in the book.
$0.87 plus shipping for hardcover from Amazon...
-tgp |
