TSMC - Acquired

## Metadata
- Author: **Acquired**
- Full Title: TSMC
- Category: #podcasts
- URL: https://share.snipd.com/episode/4352b8ec-9486-463c-a995-c9f53fe13fdc
## Highlights
- The Story of Tian She Mac: The Ninth Largest Company in the World
Key takeaways:
(* TSMC is a large, multinational company that produces a variety of products, including chips for various companies., * TSMC was founded by Morris Chang in the late 1960s and has since grown to be one of the largest companies in the world., * TSMC is located on an island that is disputed by China and some other countries.)
Transcript:
Speaker 2
Love the rebeck in the swing of things.
Speaker 1
I know it feels, listeners, you pry, don't notice a difference, but it feels a totally different to be doing this with you in person. David, in full three d energy in the room. It's electric. Well, to day's episode is on t s m c, or the tian, my conductor company. It is your classic most people have never heard of it, but it's the ninth largest company in the world. Episode, it's wild.
Speaker 2
Morris chang founded t s m c at age 56, retired at 74, then came back a age 78, inked the deal to make olife apples chips.
Speaker 1
And you evver going to tll the whle story here. It's wild. It's nuts. They make litera every chip in every iphone sold to day, and soon to be in every mack sold. If you're excited at all about envidia, a m d, qual com, or even any of the chips that amazon, microsa, facebook apple are making, all of those chips, or nearly all of them, are actually made by t s m c, along with all the chips in your cars and your smart home devices and fighter jets and everything. Unbelievably, this company that the entire world relies on is on an island that some countries feel is a sovereign nation, and the people's republic of china feels is actually theirs. ([Time 0:00:57](https://share.snipd.com/snip/2052ff0c-7b48-441a-bbda-1ccb1eff3a19))
- Pilot's Journey from Start Up to Success
Key takeaways:
• Pilot is the backbone of the modern financial stack for start ups.
• Pilot is backed by all star investors.
• Pilot is the gold standard for start up bookkeeping.
• Jessica and Wasim's first customer was Wasim's husband Jeff.
• Jessica and Wasim have both grown a lot since then.
Transcript:
Speaker 2
Now before we dive in, i'd like to welcome our presenting sponsor for all season, nine pilot dot com. Pilot is the backbone of the modern financial stack for start ups and is backed by all star investors like sequoia index, bazos expeditions and stripe. They are truly the gold standard for start up bookkeeping. And like i've been saying all season, pretty much all my portfolio companies run on them. They are truly awesome, and we're so excited to have them with us. Now over to our with pilot co founders wasim daher and jessica mc kellar. So jessica, i know there's a fun story around one of your very first customers. Can you tell us that story?
Speaker 6
Yes, i've been one of our earliest customers of my husband's first company. Wasim. Jeff and i had already been through two companies together, and it was so interesting to watch him go through that journey for the first time. And then it was ful that my company could support him on the finance side through that growth. And in fact, that company was acquired, and actually he's back with start up number two. Also using pilot testimit to the quality of the product.
Speaker 5
Ell of it.
Speaker 2
You've grown quite a bit. Who are some of the folks that use pilot to day.
Speaker 6
I think one of the real reasons that folks come to pilot to day is a quite strongly demonstrated track record of expert s. Meaning we work with a thousand plus start ops. We've worked with folks like scale, lattice, jam air, table, open a. No one is doing the work that we do to the quality bar that we do it, at the scale that we do it. ([Time 0:02:26](https://share.snipd.com/snip/ec1cc353-f37a-4491-9b7a-3523437017f9))