Lee talks about how winning and losing are parts of everyone's life. However, it is important to learn from each one of them as you go along, he says. The successes and failures that he went through helped him overcome challenges in his business.
Chong-Moon Lee lectures on Entrepreneurship for Stanford University students, February 15, 2006. Chong-Moon Lee founded Diamond Multimedia Systems in 1982, which later achieved the No. 1 ranking in revenue and market share for PC graphics accelerator products. As the sole founder, it took 13 years of struggles to take the company to its successful IPO in early 1995. In 1996 he started another high technology venture company under the name of AmBex Venture Group. Since then, active investments have been made in the areas of wireless communication, voice over IP applications, Internet infrastructures, network security, and multimedia applications. In this Stanford lecture, he talks about the coming to Silicon Valley, facing challenges and discusses success and failure.