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Jeff Bridges says making Iron Man felt like working on a "$200 million student film." Bridges says many scenes didn't have finished scripts when the cast arrived on set. > "We would often come to work, and there would be no script for that scene that day." He says...

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Jensen Huang on how the first 6 months of NVIDIA was just three guys talking about lunch: "We met every day, the three of us, in one of the founders' townhouse in Fremont and we would get together and there would be nothing to do. What do you do? Three guys get together, you just talk. So what did you guys do last night? What did you have for dinner? We talked about that for about six months." Jensen was 30 years old. Never taken a business class. Never taken a marketing class. As he puts it: "The big event of the day would be—hey, where do you guys want to go for lunch? Philly cheese steak today or Chinese food tomorrow. That would be like a big deal. And then after a while it was like could you put some donuts in the fridge in the morning for when we come. That would be a big deal for a while. That lasted for a few months, just the three of us like that." He continues: "I know it sounds pathetic but it's true. At that time I'm reading books on how to start companies and I'm trying to figure out how to go raise money and what's a venture capitalist and how do you incorporate the company." On incorporating NVIDIA: "I met a lawyer and he says we need some money from you so we could price the shares. He says how much money do you have in your pocket? I said $200. So he says okay give me $200. For $200 I bought 20% of NVIDIA." On the business plan: "I never finished my business plan. We never finished a business plan. Never could figure out how to finish a business plan to tell you the truth. If I would have finished that book and read the whole thing, I would have been dead now. We would have run out of money, ran out of time." What VCs actually invest in: "VCs don't invest in business plans because business plans are easy to write. They invest in great people. The question is—do they trust you? Your reputation matters, your history matters. Your reputation will precede you even if your business plan writing skills are inadequate." Great companies start with great people, not great plans.

Jaynit

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