a wealthy scientist-businessman -- Shockley established the Shockley Semiconductor Laboratory in 1955.
Shockley's disruptive management style eventually forced eight of his young scientists to approach Arnold Beckman directly in an attempt to remove Shockley from day-to-day management. When their bid fails, the group feels they have burned their bridges and must find alternative employment. Through an East Coast banker, the scientists are introduced to Sherman Fairchild, a New York industrialist. He is intrigued by the potential of silicon transistors and agrees to support the group with an investment of $1.3 million to start a new company called Fairchild Semiconductor.
In Silicon Valley lore, the dissenting scientists became known as the Traitorous Eight - some of whom went on to bigger and better things. Bob Noyce and Gordon Moore founded Intel in 1968, now the world's largest chipmaker. More than 400 electronics, computer and chip companies in Silicon Valley can trace their gene
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Posted: 6/7/2009