[billswift]

This article demonstrates a problem I have seen with many companies over decades. Even TI didn't become what it became overnight. But everyone thinks they can instantly grow to become the next economic giant instantly.

That kind of thing can only happen when opening a new field, and even then it isn't a sure thing. And it helps to have a faddish consumer product, like a lot of the big startup successes of the past decade, though there is no real evidence yet of their long term success (Twitter, Facebook, Airbnb, and so on).

Anyone that is going to compete against established companies, in a difficult, technical field like chip design, is going to face a slow, grueling climb, if they manage to climb at all.

[ChrisNorstrom]

Thanks to news and media people have a false sense of "Overnight success". Which isn't realistic and in most cases possible. There is "overnight popularity", but not "overnight success".

I think that's what's throwing entrepreneurs off. Our failure to realize that:

1) Big things have small beginnings.

2) All things take time.