Wendell Brooks told attendees at the Intel Capital Global Summit the unit plans to invest more money in less companies, cutting its portfolio from around 400 to between 250 and 300 in the next six years.
Wendell Brooks believes that bigger is not always better, and he has already set out to prove it.
Brooks, president of corporate venturing unit Intel Capital, outlined his “small is beautiful” strategy for the organisation at the 17th annual Intel Capital Global Summit held from October 24 to 27 in San Diego, California.
The invite-only gathering featured more than 1,100 guests, including the CEOs of more than 300 portfolio companies.
In opening remarks to launch the Summit on October 24,…
