All the sessions from Transform 2021 are available on-demand now. Watch now.


marvellogo.gif

Forbes has a notable story on the fast-growing Silicon Valley chip company Marvell, that is taking over in most sectors it enters.

The company, run by husband and wife team Sehat Sutardja, 45, and Weili Dai, 44, recently bought the money-losing division of Intel. This story tells the good and the bad, including the hard work-ethic of the Chinese immigrant couple, and of Sehat’s younger brother, Pantas. They are now all billionaires, and together the three own 22% of the shares.

Marvellexecs.jpg
Sutardja & Dai

It also tells how former chief financial officer Gordon Steel was fired right before the company’s IPO for telling Dai she’d hired and fired too many secretaries, at least according to Gordon Steel. Marvell says he was fired for not working hard enough. And part of this little stand-off concerned Marvell’s first investor and former chairman Diosdado Banatao of Silicon Valley venture capital firm Tallwood Venture Capital. Whatever the case, this is still an amazing success story that shows how the Silicon Valley dream lives on.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member