[inaudible conversations] when i was growing up i read a lot of biographies. Interested of historical figures the computer field was young but already there were those who had done incredible work. There is a wonderful story that has done a great thing and i happen to believe the computer is the greatest invention ever. I liked history even before my machine that i had barely heard of with physical size is to look at the nomenclature of the switches. The industry has made bigger changes in a few decades than printing has over a few centuries. When i was a student at m. I. T. The computer took up half a building and caused tens of millions of dollars of the computer in your cellphone is 1 million times cheaper than 1,000 times more powerful. We are recording the events of this extemporaneously. Rarely in history do you have a chance to do that wouldnt you love to hear michelangelo talk about what it was like for the Sistine Chapel . It is important. That is what the museum is about to understand the history of what has been happening and it to see it and feel it. As a graduate student completing about the architecture of a faculty member told me study it even if you dont like it there is something exceptional year need to know what that is. That is what the Computer History Museum is all about. Good afternoon. [applause] is great to see all of you here today it is wonderful to have you here we have over 300 people registered for this event which is wonderful for the noontime get together so well come. This is the first for us i hope you took a few minutes to look at the photographs downstairs by a doug menuez this will be through september 7 this is grand opening and were delighted you are hereby to make clear we have a great news sponsor as a result of this collaboration with Micron Technology return to the valley after an absence but now starting to rebuild their president s and we are so delighted they stepped forward to see this as though wonderful event that we saw. Paying cute make that possible. And as our partners to day to take advantage of that we will see you out there with those good people. Were doing to sound bites thursdays july 24 is just like this Michael Malone will be here from Silicon Valley who has written a brilliant new book called the intel trinity. He will be your as we do the interviews. So we hope you will be here for that and finally we return to revolutionaries after a summer break with the early days of the internet with q a a cards we hope you take advantage after they do the presentation and now for the program doug menuez if very accomplished author and photographer and has done important work all over the of world in for a variety of fields and today we focus on this incredible project called fearless genius the digital revolution in Silicon Valley 1985 2000 when he was a brilliant young photographer he met steve jobs as he was starting over after leaving apple. In the extraordinary act of trust he was allowed to be accessed beginning his professional life called next once he heard doug menuez was given unlimited access all of the jurors begin to open and it interfered and 70 leading companies thank up behind the scenes as Venture Capital before days when the start up by diazs and wrote that through to the internet boom when he concluded as it was collapsing as the era was ending generating 250,000 images and what use the downstairs is 50 of the most caryatids images fear this genius has been traveling it has been to barcelona, china, and now returns home to Silicon Valley this is the only west coast stop it is only a personal appearance of your delighted to have him here today please join me too well, doug menuez. [applause] thank you for that beautiful introduction and thank you for coming today. You all live this history. But as a witness i will tell you what i saw. I will take you back to a simple place in time to Silicon Valley before the internet before facebook or texting that age of the beeper. [laughter] the fax machine was cool during the digital revolution in when the tribe of engineers in entrepreneurs and Venture Capitalists cave in to gather with an explosion that rocked our world improve the power of Creative Ideas can become reality with willpower and sheer passion creating millions of jobs and untold wealth and looking at challenges today about education and the shortterm investment not a lot of patience and money for a tough problems like solving Climate Change today. If we are not doing that are we as innovative as we thought we were . Before i it just that let me take you back how i got to Silicon Valley i was interested in technology but in 1985 the young photojournalist coverings of famine in ethiopia was a news photographer and had seen a number of horrific things with this was on a scale that was incomprehensible walking into a campus 100,000 in almost all of them are dying. I shop for time and newsweek and i was overwhelmed how to contribute something in the fall meaningful i thought about a story that would be more hopeful for the human race and that save years steve jobs was forced out apple. And he hit bottom announced he would build a supercomputer to transforming education i knew that was the key to so many social issues so i reached out through friends and asked if i could document steve in the Team Building a the next adventure and wanted complete access for life magazine. Amazingly he agreed. Of course, he was already thinking about this. I stayed in three years if he blessed me with his trustee i could go through the valley to expand my project to cover most of the leading innovators with 70 companies and i shot a lot of film and now that materialism and Stanford Library where it is preserved as a resource that is why with the scanning we have done we can bring you that fearless genius book and this exhibition and we try to do a documentary now and Education Program to continue this to share and celebrate that history to bring wellesz and ford to todays the entrepreneur is. I will begin with steve for i began and i will share a number of stories but this is where i started with steve jobs we do about his Great Success but most people dont know about the 10 years of struggle and failure he went through at wilderness. We were talking there were trying to put the power of the mainframe but the prototype came and we were looking and i said what are you going to do with this kilo anyway . He said i won some kid at stanford to cure cancer in his dorm room. With luck in his eye of realize that power he had i knew was possible because everybody believed it was possible and they all wanted to be on the bus to the future and ross perot came in with 20 million and he said lets go to the abandoned warehouse where we will delay a factory to do a formal lunch pitch we will build the most advanced Robotic Assembly line no human hands selling 10,000 Computers Per month and he wrote touchback. Most everybody is in the pitcher he says he is interrupting his presentation and he says lets work nights and weekends until christmas then we will take up a week off. The engineers says we already are working nights and weekends. [laughter] one of my favorite people was susan you designed and icons for the of my crisp mcintosh and redesigned the icons for windows then did many devices so for word has affected the lives of many people every day but most dont know who she is one of the unsung women in the valley that i came across. [laughter] those of you who recognize the handwriting the steve jobs to do less. If you cannot read it says ankle deep shit. [laughter] he could pull these ideas to push towards it was like watching an artist. I have been blasted my career i have been at the amazon, the north pole photographing presidency and movie stars but by the time i got to steve i had much lifeanddeath experiences but somehow in the room with him was terrifying because i knew one day i would have to justify my existence just like everyone else in the room so i had to figure out who i was. Photojournalist want to take pictures reveal injustice and changed lines i was willing to die for a photo as were my peers but then i realized these people are change change our world. I felt useful and after that steve was a lot easier. Ish. [laughter] here he said d. C. 20 minutes you can prepare a plan to sell 10,000 Computers Per month as support that in about 25 minutes . He did it he rarely saw steven the unconscious moment i call this steve jobs pretending to be human. Ye what i observed it is all about trust he had to know theyre willing to die for that idea and potentially in a startup if someone presented something that he did not like that person he could start attacking this is the stupidest idea i had the first scene. Ive editing for prime time. [laughter] if the engineer was pitcher and had done their homework they would say no. It is not stupid. No. No. It is good. And go back and forth five or 10 minutes. It would seem like the eternity but then the flash floods which did he would say okay that he would go to the next. It was amazing to watch. I am not condoning bad behavior but somehow he could marshal these brilliant scientist to do what he wanted to go with against the laws of physics as they reminded him to create the impossible. Thus freeing of 1989 equaling through his personal fortune in pics are and the company is on the ropes then they have a lavish launch but now it is the spring and also the single computer not even a factory of robots the ranges of meeting with ken and that wants to invest his asking for 100 billion and he heard they only want to give him 50 and double the equity he comes into the meeting wearing a sweater vest this is the 80s he was not showing the proper respect. He sits down and makes six ridiculous and unreasonable demands not on the agenda it took an hourandahalf to get through these and everyone is baffled. Finally the teheran says i need a break. He turns to his team and says you guys have fucked up the deal of people looking at me like i know. John is in the hall and he told me 20 years later later, steve was laughing in the hallway and he said why are to in their safety or jobs . He said i just made these ridiculous demands and he said one by one he fights a cannon has come back like germany against brazil. And they are crushing the of might be steve jobs finding the can and has won all six points but in that moment the power shifted right back to steve he got the 100 million and the robots he promised ross perot. Going backwards this is his office before the launch when secrecy was paramount even than. So they did this fantastic launch 88 magazine covers most of not know the prototype was running. One time ross and i were standing in the group steve had a problem with somebody and was yelling at them 30 feet away and everyone just chance theyre watching awkwardly and ross perot scenes over weld now steve remise me of myself and i was 30. [laughter] but then ive learned you can catch more flies with honey. Despite the failure of the next hardware having to close the factories and laying off 300 people hed never gave up on the operating system and kept developing the next one for years that laid the seeds for his redemption and come back. I heard they were doing a cool thing added dobie call photoshop i got involved in a started to do document you have 500 years of printing history then bam publishing changes the world and these touche gentlemen spent 20,000 man hours with the code that connects computers to printers that they renamed post script. And launched adobe in the original Business Plan was not desktop publishing. This is symbolic if theyre going to have sex this was it. [laughter] it felt like paris because as the technology caught up with the Processing Power for desktop publishing to become real are distorted to appear this is the great painter taking the first photoshop class invitational. I felt like i was discovering a hidden tribe with their own culture and language to go with the new technology this is the creative director today and one of the key reasons that brodeur shop was adopted and successful he could be evangelizes to get them to try it and the also really loved costumes. I got a call that said were doing a cool handheld device as a communication device you should come over i ask for permission to document the tea men what i had done with steve in and he agreed. It was like a of a rebel unit he had funded inside the mother ship. It was all about macintosh at that time the he saw that to his market share to develop a new revenue stream so john gets a bad rap because after steve was forced out he is criticized constantly for doing that but after steve fleshy grew the company from 800 million of that 8 billion at the time he left apple was most Profitable Company in the world more than ibm or any Software Company or microsoft but theyre having trouble innovating and that was the newton and what it was about. It was a highrisk gamble and john put women into executive positions that i had not seen a lot of. Manufacturing, software and this woman had her baby and rarely left the building also with the changing culture of the of ballet. Should press be behind the curtain and raised the issue light is diversity important . Is it social justice . Of course. But also whoever writes the code controls the machine which impacts User Behavior in the culture if they have different priorities the features are a different and it is better. The team was burning allowing given one year to right to 1 million lines of code with only 30 engineers. They did it but at the end of the your there was a decision made to switch the chip that was good but they said to have to rewrite that we will give you another year. A 27 darrell pledges working day and night he just gotten married when he heard this he loaded up pistol and shot himself in the heart. That was beyond devastating for the team and for all of us. When i go around doing this talk is so interesting people outside the valley do not realize the level of sacrifice that is made to create the products that we take for granted. But the team rallied who the team and others gathered together to make technical breakthroughs to meet the date for shipping and was a catharsis in devotional relief but it shipped to soon there is only 95 percent and john left the company but the vision for the newton that he believed in was vindicated. He was laughed at when he announced there ribby millions the hand held smart phone devices and newton paved the way in many ways for the private with the palm pilots and than by phone and ipad that i have the picture in the book of the ipad designed 1993. Without investors you get nothing, no Technology Without really smart idealistic investors, you dont get to change the world and as a young entrepreneur he wanted to make your elevator pitch here. Like compact and aol and at a tall man did google and few companies had as many Success Stories but they were patient backers amazon took five years to make a profit. Bill joy a another of the geniuses and i said what was that . The whip the web was released one year before but i have passed this question before what did he use to develop the of World Wide Web . This is bill gates and no one should never pay more than 50 for a photo. Thinks a lot. [laughter] he was the devil than now he is an angel. This is in toe of most advanced at the time and workers taking a break with an exercise brakeman a r pueblo indians. Right after torrey story was released toy story was released, probably if you want to compete you should not put your motherboard on display but i dont know that much about it. And finishing java in his office said thousand people were having a water fight down below but i was interested in this culture. This is not a strategic map. These are the golf courses that he wants to play. [laughter] it is of modifying. The great archetypal is the leader is forced out and the team broke the mold the he was the last company that i spent time with at the end of the dhaka on cycle they created the for software that lead m a ebay city it creates a web page it was a classic start up another source material might include photos and pizza and cocacola. It was fun. But time was running out. To a couple of employees disagreed with the strategy why and it went behind his back to the board and the investors decided it was time for him to go in to they were supposed to close the investment round and everybody was excited but it turned out the meeting had a different agenda you are fired we are replacing a review in a new direction and thanks for your service. Samir said i am not going. Screw you. I have the vision and i will fight to for my vision there was a long battle theyve left. They shut the company down and he had to go before his 125 employees who ever can stay and work without pay please do. By noon the following monday he had 10 million in the bank it is amazing to do without lawyers or do diligence. The best part of the story is three months later he sold the company to ibm at 100 million and brought back the investors said they paid 1,000 percent. His story shows so many threads now he is very successful. Of aside conneaut when i am to Company Public the7fi7[zn mt was nervous march 1999 the ipo was not a huge success and a cnn asked if it was the beginning of the and of the. Com bubble all ipos were flat so by march of 2000 trillions of dollars started to wash away. It was devastating if youve lived through it it was amazing. But for me, it was tragic because i cave and and was attracted to the noble causes the idealism i want kids and africa as to have computers and really minted in say we dont have a product yet but that was unsustainable and it crashed made while Silicon Valley is crashing best steve jobs is rising like a rocket to rebuild apple the operating system hed never gave up on to say them allowing apple to chance for itself and to the Amazing Company because it bought it the reason he was fired part merely because he would not agree to license the up macintosh operating sys