As products become more interconnected and complicated, and alternative uses of cash offer relatively lower returns then the pace of corporate venturing is only going to increase - with Intel Capital bearing the standard for what can be achieved as long as hubris does not lead to its downfall.
Congratulations go out to Intel Capital this week for breaching the $10bn milestone – that is the amount the US-listed chip maker’s corporate venturing unit has invested over its 20-year history.
There are two ways of looking at such a figure. First, it is the same amount as Intel Corp. promised at the start of the year to spend buying back its shares.
In that light, the Intel Capital figure is relatively insubstantial; a rounding…
