1. Viva Entrepreneurs – Peter Claydon
Viva Entrepreneurs!
30 September, 2011
Peter Claydon
Slide 1
2. Viva Entrepreneurs – Peter Claydon
Peter Claydon
1984 Graduated Bath University
1984-1997 GEC-Marconi, Brooktree, Pioneer
Feb 1998 Established Oak Technology Bristol
Jan 2000 Oak sold to Conexant
Aug 2000 Left Conexant
Sept 2000 Founded picoChip
Dec 2009 Left picoChip
June 2010 Joined Deltenna
2010 - Silicon South West Ambassador and …
3. Viva Entrepreneurs – Peter Claydon
What is an entrepreneur?
Entrepreneur: a term applied to a person who is willing to help
launch a new venture or enterprise and accept full responsibility
for the outcome (Wikipedia)
Will Keith Kellogg Steve Jobs
Cereal Entrepreneur Computer Entrepreneur
"The problem with the French is that they don't have a word for
entrepreneur." - George W. Bush
4. Viva Entrepreneurs – Peter Claydon
A long-term investment trend
Date Technology
1830-1860 Railways
1850-1870 Telegraph
1900-1930 Motor car
1900-1930 Radio
1950-1990 Computers
1960-2005 Chips
1995- Internet
People invest in different technology over time
When does the silicon investment era come to an end?
5. Viva Entrepreneurs – Peter Claydon
A short-term investment trend
* In 2010 money (inflation adjusted using the Consumer Price Index)
Company Founded Funding* First Product
Fairchild 1957 From Fairchild Corp Silicon transistor
DEC 1957 $530K (for 70% share) Computer modules
Intel 1968 1968: $15M
1970: $38M IPO
64-bit RAM
Microsoft 1975
(Inc 1981)
Organic Basic interpreter
Apple 1976 $950K Apple 1
Qualcomm 1985 Self-funded by founders OmniTRACS
Broadcom 1991 $16K (from founders) Digital frequency
synthesiser
Google 1996
(inc 1998)
$140K (Aug 1998)
$32M (June 1999)
Search engine
6. Viva Entrepreneurs – Peter Claydon
Transistor counts are increasing
Date Transistors/Chip Example
1950 1 TI silicon transistor (1954) 1
1960 10 TI first IC (1958) 1
1970 1,000 Intel 4004 (1971) 2,300
1980 100,000 Motorola 68000 (1979) 68,000
1990 1,000,000 Intel Pentium (1993) 3,100,000
2000 100,000,000 Picochip PC101 (2002) 161,000,000
2010 1,000,000,000 Intel Quad-Core Itanium (2010) 2,000,000,000
7. Viva Entrepreneurs – Peter Claydon
What do you do with all those transistors?
Lots of processors on a chip
More functions on a chip
2G + 3G + 4G + WiFi + Bluetooth + GPS + Graphics + …
Where do all those functions come from?
Develop them?
Buy companies?
Buy Silicon IP?
8. Viva Entrepreneurs – Peter Claydon
Silicon IP
Company 2010 Revenue
ARM $0.63B
Intel $43.6B
Apple $65B
Google $29B
Vodafone $70B
ARM is the most successful Silicon IP company in the world
11. Viva Entrepreneurs – Peter Claydon
Summary
A lot fewer chips
A lot more complex
Silicon IP is used for commodity bits
Few opportunities for “big chip” startups
Is the age of silicon startups over?
