Awarding of the 10 Most Inspiring Technopreneurs in the Philippines: 1. Diosdado Banatao (Computer Chips- Mostron and S3)
2. Nonoy & Ben Colayco (Online Gaming- Level Up)
3.Joey Gurango (Software Development- Webworks OS)
4. Danilo Manayaga (Biotechnology- Servac Philippines)
5.Dennis Mendiola (Wireless Technology- Chikka Asia)
6. Manny Pangilinan (Telecommunications- First Pacific, PLDT,) 7. Dr. William Torres (RP Internet Pioneer- Mozcom)
8. Peter Valdes (software development- Vinta Systems )
9. Orlando Vea (Mobile Communications/New Media – SMART founder, MediaQuest) 10. Jaime Augusto Zobel de Ayala II (Diversified IT investing-iAyala) 1. A
In 1984, Banatao and his business partner Francis Siu, founded a high-technology company, Mostron, starting with a capital of half a million US dollars. Mostron was launched as a manufacturer of motherboards. They also have hired Ron Yara of Intel as the companies executive. After he developed a five-chip set, he co-founded Chips and Technologies in 1985. The company developed system logic chip set for IBM's PC-XT and the PC-AT. In just for 4 months after the company was selling chip sets, the company earned a $12 million profit. In 22 months, the company went into public. In 1989, Banatao launched his third start-up company, S3 Graphics, with Yara in Santa Clara, California. S3 focused on enhancing the graphic capabilities in personal computers by using a graphic accelerator chip. The key to this was, Banatao's invention of a local bus. The company had an inital public offering of $30 million. In 1996, the company became the leader of the graphic-chips market, beating a strong competitor, Cirrus Logic, Inc.. In the same year, Chips & Technologies was sold to Intel for about $300 million. In 2000, he decided to start-up his own venture capital firm named Tallwood Venture Capital with a capital of US$300 million, all of which came from his own pocket. B.
Banatao through his Dado Banatao Educational...
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