Bill Gates ng Pinas? Success Story of Diosdado Banatao | ESTv Sories

Summary

Diosdado Banatao, known as the 'Bill Gates of the Philippines,' is a remarkable figure who rose from humble beginnings as a farmer to become a global tech pioneer. Born in Cagayan Valley, he pursued education despite hardships, ultimately graduating with a degree in Electrical Engineering from the Mapua Institute of Technology. His career took flight with a job at Boeing, where he contributed to the 747 design. Dado's ingenuity led to the development of the first single-chip 16-bit microprocessor-based calculator and the groundbreaking single-chip controller for 10-Mbit Ethernet CMOS. He founded Monstroni and later Chips and Technologies, which Intel acquired for $430 million. Dado's success extends to venture capital with Tallwood Venture Capital and his role as Chairman for Inphi. His philanthropy includes the Banatao Filipino American Fund, which supports engineering students. His story is a testament to the power of education and perseverance, emphasizing that learning is an investment and a key to unlocking one's potential.

Takeaways

• 🌱 Diosdado Banatao, the 'Bill Gates of the Philippines', rose from humble beginnings in a farming family to become a highly successful tech entrepreneur.
• 🎓 Despite challenges and feelings of inferiority, Dado pursued his education relentlessly, walking barefoot to school and later graduating from Mapua Institute of Technology in Electrical Engineering.
• ✈️ Initially dreaming of becoming a pilot, Dado switched paths dramatically, from pilot training at Philippine Airlines to engineering roles at Boeing and eventually tech innovation.
• 🏫 His thirst for knowledge led him to Stanford University, where he pursued a Master’s degree in Electrical Engineering and Computer Science.
• 💡 Dado invented the first single-chip controller for the 10-Mbit Ethernet CMOS, revolutionizing the way computers connect.
• 🚀 Leveraging his innovations, Dado founded several companies, including Chips and Technologies, which Intel acquired for $430 million.
• 🌐 He continued his entrepreneurial journey by becoming a managing partner at Tallwood Venture Capital, focusing on semiconductor technology.
• 🎓 Through his Banatao Filipino American Fund, he supports Filipino students in Northern California, aiding their engineering studies.
• 🖥️ Dado has invested in education in his hometown by equipping the local elementary school with modern computer systems.
• 📚 The script emphasizes the power of education and perseverance, and encourages young people to value learning and maintain faith in their dreams.

Q & A

Who is Diosdado Banatao often compared to, and why?

Diosdado Banatao is often compared to Bill Gates because of his significant contributions to technology and his successful career as an inventor and entrepreneur.

What was Diosdado Banatao's early life like?

Diosdado Banatao was born into a farming family in Cagayan Valley and grew up in humble conditions, walking barefoot to attend school.

What degree did Diosdado Banatao earn, and from which institution?

Diosdado Banatao earned a degree in Electrical Engineering from the Mapua Institute of Technology.

Why did Banatao turn down a job offer from Meralco?

Banatao turned down the job offer from Meralco due to the lower-than-expected starting salary and instead chose to work as a pilot trainee at Philippine Airlines.

What significant role did Banatao play at Boeing?

At Boeing, Banatao was part of the team that finalized the design and control surfaces of the Boeing 747.

What groundbreaking technology did Banatao help develop at Seeq Technology?

At Seeq Technology, Banatao developed the single-chip controller that provided data-link control and transceiver for the first 10-Mbit Ethernet CMOS.

What was the achievement of Banatao's company, Monstroni, in 1985?

Banatao's company, Monstroni, developed the first set of system logic chips that lowered the cost of making personal computers while increasing their power.

What was the outcome of Banatao's company, Chips and Technologies?

Chips and Technologies, created by Banatao, sold for $12 million in the first quarter alone and was later sold to Intel for $430 million in 1996.

How does Banatao contribute to the education of Filipino students?

Banatao contributes to Filipino students' education through the 'Banatao Filipino American Fund', which provides assistance to Northern California Filipino students pursuing engineering.

What is Banatao's current role in the tech industry?

Dado Banatao is the managing partner of Tallwood Venture Capital and the Chairman of the Board of Directors for Inphi, focusing on advanced semiconductor solutions.

What message does Banatao convey to the youth in the script?

Banatao encourages the youth to value education, believe in their dreams, and understand that learning is a lifelong investment that cannot be taken away.

Outlines

00:00

🌟 The Remarkable Journey of Diosdado Banatao

Diosdado Banatao, often referred to as the 'Bill Gates of the Philippines,' hails from a humble farming family in Cagayan Valley. His determination led him from walking barefoot to school to graduating from the Mapua Institute of Technology with a degree in Electrical Engineering. After turning down a job at Meralco due to low pay, he pursued pilot training with Philippine Airlines, which eventually led him to a significant role at Boeing. His passion for technology drove him to Stanford University, where he helped design the first single-chip 16-bit microprocessor-based calculator. Later, at Seeq Technology, he developed a key component for Ethernet, and went on to found Monstroni and Chips and Technologies, creating innovations that revolutionized the computer and semiconductor industries.

05:03

🌍 Dado Banatao's Impact on Technology and Society

Diosdado Banatao's journey didn’t stop after his early successes. He sold Chips and Technologies Co. to Intel for $430 million in 1996 and continued his career as an influential venture capitalist. He never forgot his roots, establishing the 'Banatao Filipino American Fund' to assist Filipino students in Northern California. His elementary school in Cagayan Valley now boasts the most modern computer system in the region. As the managing partner of Tallwood Venture Capital and chairman of Inphi, he continues to influence the semiconductor and technology fields. His story exemplifies that with a dream and education, anything is possible, highlighting the value of persistence and belief in oneself.

Keywords

💡Diosdado Banatao

Diosdado Banatao, also known as Dado, is the central figure of the video. Born into a farming family in the Philippines, he rose to prominence through his dedication and hard work. He is referred to as the 'Bill Gates of the Philippines' due to his significant contributions to technology and his entrepreneurial success. His journey from a humble beginning to becoming a leading figure in the tech industry is the main theme of the video.

💡Electrical Engineering

Electrical Engineering is a field of engineering that deals with the design and application of equipment, devices, and systems which use electricity, electronics, and electromagnetism. In the context of the video, Dado graduated with a degree in Electrical Engineering from the Mapua Institute of Technology, which laid the foundation for his future innovations and success in the tech industry.

💡10-Mbit Ethernet CMOS

10-Mbit Ethernet CMOS refers to a type of integrated circuit technology used in networking. Dado Banatao developed the single-chip controller that provided data-link control and the transceiver to the first 10-Mbit Ethernet CMOS. This invention was a significant milestone in his career and contributed to the advancement of computer networking technology.

💡Entrepreneurship

Entrepreneurship is the process of designing, launching, and running a new business, which typically starts as a small business, such as a startup company, offering a product, process, or service for sale or hire. Dado Banatao's entrepreneurial journey is highlighted in the video, showcasing his ability to identify opportunities, raise capital, and build successful companies like Monstroni and Chips and Technologies.

💡Pilot Trainee

A pilot trainee is someone who is undergoing training to become a pilot. In the video, Dado's childhood dream was to become a pilot, and he seized the opportunity to train as a pilot with Philippine Airlines. Although he eventually pursued a career in technology, this experience reflects his early aspirations and determination.

💡Stanford University

Stanford University is a prestigious private research university in the United States known for its academic excellence and innovation. Dado attempted to complete a Master’s Degree in Electrical Engineering and Computer Science at Stanford, which is indicative of his commitment to furthering his education and expanding his knowledge in the field of technology.

💡Monstroni

Monstroni is a company that Dado Banatao founded, focusing on designing chip sets. The company's success in developing system logic chips that made personal computers more powerful and affordable is a testament to Dado's innovative spirit and business acumen. Monstroni represents a significant step in his entrepreneurial journey.

💡Chips and Technologies

Chips and Technologies is another company founded by Dado Banatao, which created chips for enhancing graphic adapters. The company's rapid growth and sale for $12 million in the first quarter alone demonstrate Dado's ability to create products that meet market needs and his skill in managing a successful business.

💡Intel

Intel is a multinational corporation and technology company known for its semiconductor chips. In the video, it is mentioned that Dado sold Chips and Technologies to Intel for $430 million in 1996. This acquisition reflects the high value and recognition of Dado's work in the semiconductor industry.

💡Venture Capital

Venture capital is a type of financing that is provided by firms or funds to startup companies in exchange for equity or ownership in the company. Dado Banatao is the managing partner of Tallwood Venture Capital, which focuses on semiconductor technology solutions. This role showcases his continued involvement in nurturing and investing in innovative tech companies.

💡Silicon Photonics

Silicon photonics is a field that involves the integration of photonics and electronics on a single chip, typically using silicon as the base material. Dado serves as the Chairman of the Board of Directors for Inphi, a company specializing in advanced semiconductor solutions and silicon photonics. This keyword highlights Dado's ongoing influence and leadership in cutting-edge technology sectors.

Highlights

Diosdado 'Dado' Banatao is regarded as the 'Bill Gates of the Philippines' due to his innovative contributions to technology.

Dado was born into a farming family in the Cagayan Valley and walked barefoot to elementary and high school, driven by his dedication to education.

He graduated from the Mapua Institute of Technology with a degree in Electrical Engineering.

He declined a job offer from Meralco and instead became a pilot trainee for Philippine Airlines, fulfilling a childhood dream.

After a year at Philippine Airlines, he joined Boeing, contributing to the design and control surfaces of the 747.

Dado pursued a Master’s degree in Electrical Engineering and Computer Science at Stanford University.

He designed the first single-chip 16-bit microprocessor-based calculator while working with leading technology companies.

Dado was tasked with developing a solution for linking computers using Ethernet, leading to his single-chip controller that advanced the 10-Mbit Ethernet CMOS.

He raised $500,000 to establish Monstroni in 1985, where he designed chip sets that reduced the cost of making powerful personal computers.

He founded Chips and Technologies to enhance graphic adapters, generating $12 million in the first quarter alone.

In 1996, Dado sold Chips and Technologies to Intel for $430 million.

His 'Banatao Filipino American Fund' provides assistance to Filipino students in Northern California pursuing engineering.

The elementary school he attended in Cagayan Valley now has the most modern computer system in the region, thanks to his support.

Dado is the managing partner at Tallwood Venture Capital, which focuses on semiconductor technology solutions.

He chairs the board of Inphi, a company specializing in advanced semiconductor and silicon photonics solutions.

Transcripts

If you know the famous Bill Gates,

you should also know the so -called

Bill Gates of the Philippines.

He has the unique talent,

right dedication

and insane experiences

from being a farmer

and is now one of the most successful people in the world.

What could be this man's invention?

And what is the story behind his trails?

Join us to listen to the successful story

of Diosdado Banatao's life.

Diosdado Banatao

or also known as Dado,

was born into a farming family

in one of the small barrios of Cagayan Valley

and into a simple housewife;

therefore, it is almost inconceivable to anyone

that he was the so -called Filipino version of Bill Gates,.

When he was young,

he was able to walk barefoot

just so he could go to elementary and high school.

He was determined to continue his studies in college,

so he went to Manila,

He often felt that he was inferior,

so he thought that he should work harder than others.

He later graduated

with a degree in Electrical Engineering

from the Mapua Institute of Technology.

He received a job offer from Meralco

but he turned it down,

due to his unwanted starting salary

and he preferred to work as a pilot trainee

at Philippine Airlines

to get more than expected.

As a child,

Dado dreamed of becoming a pilot,

so when Philippine Airlines said

"We are looking for pilot trainees,"

he immediately seized the opportunity.

One year into his pilot training,

he was offered a job at Boeing

as part of the team working on the 747.

At Boeing, he was part of the team that

finalized the design and control surface

While he was excited about the launch of the 747,

he wasn’t “excited” about his job at Boeing,

which prompted him to

enter graduate school.

He attempted to complete a Master’s Degree

in Electrical Engineering

and Computer Science

at Stanford University.

While working with some of the leading technology companies,

Dado had the opportunity to design

the first single-chip 16-bit microprocessor-based calculator.

And in 1981,

inventorEthernet was looking for a better way

of linking computers

and Dado was assigned by

Seeq Technology to do the work.

This is how Dado came to develop

the single-chip controller

that provided data-link control

and the transreceiver to the first

10-Mbit Ethernet CMOS.

Dado saw the opportunity to build

his own company

by designing chip sets;

he soon raised $ 500,000

as seed capital to build Monstroni 1985.

His company's determination,

after their success,

to develop the first set of system

logic chips that was able to lower the cost

of making personal computer but more powerful.

He was able to rebuild another company

called Chips and Technologies,

which created another set of chips

for enhancing the so -called graphic adapter.

In less than a year,

Dado saw that the company sold

for $ 12 million

in the first quarter alone,

which is why they got a huge response

from investors,

when the company went public.

In 1996,

Diosdado sold Chips and Technologies Co.

to Intel in the amount of

$ 430 million.

Dado went on to invest,

manage

and sell companies by becoming a

master investor and master capitalist.

In all these successes,

Dado has not forgotten his origins

and his culture.

His “Banatao Filipino American Fund”

provides assistance to

Northern California Filipino students,

to help them build a future

by pursuing engineering college.

The elementary school

he attended in Cagayan Valley

is the only public school

in the region with

the most modern computer system.

Today,

Dado Banatao

is the managing partner of Tallwood Venture Capital,

a venture firm

dedicated to semiconductor technology solutions for

computing,

communications, and consumer platforms.

He is also the Chairman of the Board of Directors for Inphi,

a company that specializes in advanced semiconductor solutions

and Silicon photonics.

Nothing is impossible to the person with a dream.

For our youth,

we value our opportunity to go to school.

Learning is an investment in itself.

You take it with you everywhere you go.

It cannot steal from you

and that will also serve as your backbone

to be successful in the future.

Don’t be jealous of people

who already have things you don’t have,

there are reasons why you haven’t met your expectations.

But I’ll say it again,

just keep believing.

The bible says that when God acts,

you must believe first, before he gives.

See you on our next video!