You are listening to the Draper Fisher-Jervinson Entrepreneurial Thought Leader Seminar,

brought to you weekly by a Stanford Technology Ventures program at Stanford University School of Engineering.

I have an incredible pleasure of introducing someone very, very special to me personally today.

I'm going to be introducing Mr. Chung-moon-Lee-Lee.

And all of you have his bio in front of you, so I'm not going to tell you what you already know.

And he is going to also tell you a remarkable story over the next hour that I think is going

to be completely and totally inspiring. In fact, Mr. Lee gave this talk. He came with me to China

last summer and gave this talk. And right after what I said, I hope you'll come to Stanford and

share this story with our students because it's extremely powerful and inspiring. But the reason Mr. Lee is so special to me is that not only is he

a very successful entrepreneur, he's also a remarkable philanthropist. And he is so excited

about entrepreneurship education that he endowed my position. So I am the

Chun-Lun Lee executive director of the Stanford Technology Ventures Program, and it is my very,

very special pleasure to invite him to talk to us today. So the format of today is going to go

his father follows. Mr. Lee's going to give a talk that he prepared, and then we're going to come and sit down in our little living room here, and I'm going to ask him some questions. We'll, of course, leave some time for all of you to ask some questions at the end. So, without further much, Dr. Slig, and good afternoon.

And my name is Chong Munli,

and

I

like to share

with you today that how miserable life I went through and how

hardship I had being in Silicon Valley for 35 years, 36 years now.

I'm very pleased to share my story of entrepreneurship with you.

When I was your age, I never introduced, I intended to become an entrepreneur. I started my career as a school

...