Sodhani’s multi-billion dollar investments include major positions in Clearwire (recently announced) and over 400 other early stage startups. Below is a brief excerpt from the interview:
VB: How is the downturn changing what Intel Capital does?
AS: Not much has changed on our side. We will continue to invest. My belief, shared by the CEO of Intel, is that you continue to innovate in a downturn, and innovation doesn’t stop because of slowdowns. We’ll continue to invest in technology innovation. The good news is valuations will be more attractive. I think other investors will pull back. We have heard a lot of stories about the venture capital community pulling back. Depending on the life-stage of the fund, VCs are not funding existing companies or new companies.