Les Vadasz president (Santa Clara, Calif.)
When Intel was four guys, a dog and an idea 33 years ago, Les was there. His lab created the technologies upon which Intel built its core business in semiconductors, memory, microprocessors and EPROM technologies. When Intel separated into divisions, Vadasz ran the microcomputing components division and later started Intel Capital. At 65, Vadasz will retire from Intel Corp.’s board in May, but he says he has no plans to retire from Intel Capital.
Did you know? Intel’s founders got their venture backing on the strength of a nine-sentence business plan with misspellings and questionable grammar.
Mark Christenson vice president and director of communication sectors (Hillsboro, Ore.)
Christenson has only been with Intel Capital for one year, but he has spent 20 years in the business units of Intel Corp. For the last 10 of those years, Christenson helped build and eventually ran the network communications practice within Intel Corp.
Did You Know? “The whole VC business is about networking,” says Christenson, who has met with 40 to 50 VCs in the past six months. “One message we’re telling them is, Hey, you may have been frustrated with corporate VCs, but we don’t view ourselves as another corporate VC,'” he says. If a VC wants to meet him he says just pick up the phone.
Claude Leglise vice president and director of worldwide geographies (Santa Clara, Calif.)
A 20-year Intel veteran, Leglise comes from a marketing, operations and management background. He worked on the Intel386 microprocessor project, started the developer relations group and ran the home products group. Leglise manages 100 investment professionals located in 25 countries and a handful of regional offices around the U.S.
Did You Know? Intel’s $26.54 billion in sales last year divided approximately evenly between the Americas, Europe and AsiaPacific regions, and Intel Capital aims to invest half its capital in North America and the other half abroad. “At the end of the day, no country has a monopoly on good ideas,” Leglise says.
Kirby Dyess vice president and director of operations
Ravi Jacob vice president and director of treasury, acquisitions and strategic investments
(Santa Clara, Calif.)
Jim Huston managing director of portfolio relations and development (Hillsboro, Ore.)
With a background at Intel Capital as an investor and team leader, Huston started a team in Spring 2001 focusing on programs Intel offers to its portfolio companies. Between 1984 and 1995, he worked with Intel Corp.’s OEM PC division, networks products division and development systems operation. Huston’s group offers management seminars, technology forums and such inside tips as navigating your technology through a standards committee.
Did You Know? Huston’s focuses include Intel Capital’s new “one-to-many” initiatives. In November, he hosted portfolio companies, VCs and several large wireless carriers for a forum on the industry and, after the event, the portfolio companies got together with the carriers for speed-dating sessions. Other forums have covered finance, management skills and human resources issues.
Scott Darling managing director of the computing sector (Hillsboro, Ore.)
Darling worked in sales and marketing at Intel before heading to Stanford to earn his MBA. After working at Apple Computer and a couple startups, he returned to Intel in 1990. He ran divisions in media and conferencing and ran marketing for OEMs of computer systems.
Did You Know? Darling’s group has been looking at biotech investments recently. “Not so much biotech as in the way people classically look at biotech, but we’re looking at some core process technology microfluidic technologies that we think will allow us to do manipulation of very small items which in some ways isn’t unlike what you do in the semiconductor manufacturing process area,” he says.