Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
12 May 2020 Acquired Adapting Episode 3: Intel
“I think David quoted something like this earlier, "When Andy came in, annual revenues at Intel were $1.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 12 May 2020
- Publisher
- Acquired
- Episode
- Adapting Episode 3: Intel
Transcript context
…Yeah. Compare that to Lyft who doesn't have. I think they're now launching a delivery type product. A strategic inflection point is not the time to be launching new products. Yeah. I'll catch us up to Intel today. I think David quoted something like this earlier, "When Andy came in, annual revenues at Intel were $1. 9 billion. Nothing too bad. When he left in 1997 it was $26 billion." Not only did he save the company, but really created the behemoth that we know today, 13X on the revenue from when he came in. We couldn't find the profit margin stats on those, but they were bleeding money on whatever hundreds of millions of revenue they had. In 1984 they were losing boatloads of money, and then they were immensely profitable when Andy left.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.