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Meet the Marvells

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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.

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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.

Posted by Matt Marshall on July 28, 2006 9:40 AM | Linking Posts

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Comments

Dado Banatao is one of the good VC's in valley for semiconductor products, as he truly understand semi market well i.e. techincally, and business wise, Marvell is one many success Dado has to for, others are SiRF, S3 Graphics and more..

RK on July 29, 2006 10:37 PM
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Have you ever stepped into Marvell campus? Among the hundreds and hundreds of employees that you see walk in and out, you'd be hardpressed to find one who is not oriental. I kid you not. Where is the diversity? Marvell is a classic example of the sweatshop mentality of the management. Great for stockholders and insanely "hardworking" employees, but it is by no means a place you can enjoy your work. Something to think about.

SimplyTired

SimplyTired on July 30, 2006 3:33 PM
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Have you ever stepped into Marvell campus? Among the hundreds and hundreds of employees that you see walk in and out, you'd be hardpressed to find one who is not oriental. I kid you not. Where is the diversity? Marvell is a classic example of the sweatshop mentality of the management. Great for stockholders and insanely "hardworking" employees, but it is by no means a place you can enjoy your work. Something to think about.

SimplyTired

SimplyTired on July 30, 2006 3:34 PM
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