ARTHUR ROCK

This country's going to have a revolution if something doesn't happen the haves and have - nots.

Well, I was born and raised in Rochester, New York.

And then lo and behold IBM, Apple and Motorola took an ad in all the newspapers, double page ad, and said, announcing the chip that they were now able to manufacture it and that they were going to kill Intel.

And we invested three hundred thousand dollars, became the lead investor and I became Chairman of the Board of Scientific Data Systems, as I was at Intel for a while.

Killing Intel, I, I just had to resign from the Apple Board.

People come in with business plans and, I mean I know that no one is going to meet everything they say in a business plan but you got to have something to, to guide towards.

I mean I wasn't a founder in the sense that I contributed anything scientifically but in the sense that I signed the corporation papers and, and owned founder's stock.

The cost of a semiconductor chip fabrication plant doubles every four years.

You know, a lot of people are just interested in, in building a company so they can make money and get out.

Which, the first meeting with anybody is, you know, everybody is on their best behavior. It's only after you get to know them for a while that you figure out.

Well, I was born and raised in Rochester, New York.

And we invested three hundred thousand dollars, became the lead investor and I became Chairman of the Board of Scientific Data Systems, as I was at Intel for a while.

And what I'm interested in is investing in people.

My father was an immigrant from Russia and my mother was first generation.

So I, I knew something in a business sense about semiconductors and I appreciated their possibilities.

Killing Intel, I, I just had to resign from the Apple Board.

You know, a lot of people are just interested in, in building a company so they can make money and get out.

And then lo and behold IBM, Apple and Motorola took an ad in all the newspapers, double page ad, and said, announcing the chip that they were now able to manufacture it and that they were going to kill Intel.

People come in with business plans and, I mean I know that no one is going to meet everything they say in a business plan but you got to have something to, to guide towards.

IBM decided they were going to enter the copying business in 1968.

I think they, Peter McCullough was, turns out was not a good CEO.

Which, the first meeting with anybody is, you know, everybody is on their best behavior. It's only after you get to know them for a while that you figure out.

I was one of the founders in, in that, the three of us all had the, had the founder's stock.

I mean I wasn't a founder in the sense that I contributed anything scientifically but in the sense that I signed the corporation papers and, and owned founder's stock.

Steve Jobs is a national treasure. He is so visionary, and so bright. I had to fire him, though.

This country's going to have a revolution if something doesn't happen the haves and have - nots.

The cost of a semiconductor chip fabrication plant doubles every four years.