In 2000, William Wang sold MAG monitors from Taiwan (a well-known brand at that time) to US clients like Gateway. He boarded Singapore Airlines Flight 006 (a Boeing 747-400) in Taipei and, distracted by an incoming typhoon, the plane attempted take-off on a closed runway. It hit some construction equipment and crashed... killing 83 out of 179 people on board.
Wang walked away from that plane crash. That experience probably best prepares Wang for what he is just about to do.
But before we go there, let's just say that what Wang has already done is even more incredible than his walked-away-from-a-plane-crash history.
Ted Waitt [then Gateway's famed chairman] had been one of Wang’s customers at MAG. In 2001, Gateway asked Wang to help put together a TV strategy and Wang’s team put together Gateway's 42" plasma TV system, priced at an impressive $2999. At the time, comparable systems were selling for as much as $6000.
Despite the fact that Gateway's TV didn't unseat Sony, Sharp, Toshiba and other traditional TV makers in USA...in 2003, at age 43, Wang took partners and $600,000 and decided to start a TV company.
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