Venture Investing in the Current
Environment
2006 Silicon Forest Forum
Angela Biever
www.intelcapital.com
Investment Trends Generally Positive
• Funds raised exceed funds invested; new dollars
being deployed
• 797 deals in Q3…most since 2002
• Start ups/seeds…most since 2000
• Increased foreign investment
• Deals and dollars invested increasing, but stable;
some hot spots
• Favorable sectors:
- Biotech
- Software (lowest number of deals since 1996)
- Medical devices (up 12%)
- Telecom re-emerging
- Consumer Internet
• However…exits problematic
Data Source: NVCA, PWC MoneyTree; Thompson Financial
Investing for Global Impact
What Intel Capital Represents…
Mission: Make and manage financially attractive
investments in support of Intel’s strategic objectives
• The largest technology VC organization in the world
• Global reach, presence and understanding
• Insights and Experience in emerging markets and
technologies
• Commitment to Active Company Building
• Tradition of Risk Taking, Innovation, and Excellence.
• Unmatched Differential Advantages
• Access to Unlimited Capital
Investing for Global Impact
Intel Capital History
US$6B
~1,000
companies…
…in over 40
countries
>180 acquisitions &
155+ IPOs *As at Sep 30, 2006
Intel Capital 2006 vs. 2005
2006 (through Q3) 2005
# of Deals 133 140
$ Invested $348M (Excl. $600M) $265M
# of New Deals 79 78
# of International 60 ?
Deals
% of $ Outside US 56% 60%
Technology Focus
Mobile Internet Next Gen Wireless – WiMax
Client Mobile Content / Cellular
Content Distribution over IP
Digital Home Digital Media; Gaming
Consumer Internet New Apps & Usages
Enterprise; Hardware:
Manageability/Storage/Security
Software &
Software:
Solutions OS /Digital Office/Business Internet
Manufacturing, Materials (Nanotech Forum)
Memory & Digital Biotech; Digital Health
Memory
Health
Advanced Patterning / Litho
Investing for Global Impact
Intel Capital Technology Days
• Bringing emerging technologies to market on a
massive scale
• Driving revenue opportunities between portfolio
companies and industry customers
Participant Benefit
Customer Company • Faster process for evaluating new technologies
• Finding new solutions for internal & external use
• Competitive advantage increased
Portfolio Companies • New revenue-generating business opportunities with direct customers
Intel Capital • Portfolio Companies grow faster, increasing value
Intel • New products and solutions created and deployed from Intel’s
ecosystem
Investing for Global Impact
Intel Capital CEO Summit: India 2006
7th Annual event, only the 2nd outside U.S.
Three days of keynotes, breakouts,
off-site business tours and plenty
of networking and social activities.
100+ Portco CEOs
100+ Industry Executives
MCM, VCs and IMs
Reflecting Intel Capital’s
global scale and reach
Perfectly timed with recent
India publicity worldwide
Intel Capital
Investing for Global Impact