Firms like Intel Capital?

I'd never heard of them. Google probably has something similar. I always assumed major tech companies had divisions like this but this is the first time I've actually seen it explained on a website (www.intel.com/capital/).

This might help if you need a list of VC companies which probably do similar work: http://www.wallstreetoasis.com/forums/a-list-of-the-top-15-vc-firms

GE Capital and Boeing Capital. From what I know, they are pretty competitive and recruit from certain schools.

Intel Capital is basically a VC shop for the larger Intel Corp. GE Capital does financing for a couple of different area - aircraft, medical equipment, energy, etc. Pay-wise, not sure what its like at Intel Capital, but you aren't making a killing at GE Capital.

thefugees:

Title basically says it. What are some other popular choices/famous companies that have departments like Intel Capital? How competitive are these types of positions? I was talking to a guy at Intel yesterday (although he's more on the accounting side), and he said that they seem to have a tier system for MBA recruiting (very few undergrads get in), but they still recruit some random MBA students that are in regions they have plants in. So yeah, any info?

Intel Capital is very competitive. Worked in Intel's business/market development group for internships. Basically their ICAP is very seperated but its main objective is to push Intel's agenda (ie IA, internet, server push, etc). The pay is corporate pay. Its a lifestyle job, like what IB is to corporate finance, VC is to intel capital.

Hi,

For sure also GE and Siemens have VC/PE businesses: GE Equity and Siemens Venture Capital.

Corporate Venturing - http://www.startups.co.uk/6678842909327752824/what-is-corporate-venturi… - http://en.wikipedia.org/wiki/Corporate_Venture_Capital

Most large companies have a a corporate venturing division.

Intel has a tier system for MBA recruiting on the operations finance side. You come in at either grade 5 or 6 depending on the tier of school. Grade 7 if you have >4yrs of work exp. You will never be recruited into Intel Capital through this program (finance rotation program). On both the accounting & operations finance side you will only do support work for the icap group. Intel is shifting to hire more undergrads as many do the same job as an MBA but are far cheaper. Moving into ICAP once entering Intel is a very, very long shot. My advice is to either try getting in externally or not at all.

Do some of the large energy shops out there have such departments?

GE, Siemens, Dow, Bosch, BASF etc etc

I wonder what could be your exit opportunities if you join Intel Capital as an Analyst/Associate. I have the feeling that other VC firms would drill your achievements during interviews. By the way, assuming that you want to remain in the VC industry because I suppose it would be seriously tough to make lateral moves (consulting, PE, etc.). Why would you ever work with Intel Capital instead of Greylock, Bessemer, Battery, Venrock, etc.?

Someone very close to me was one of the founding members of Intel Capital's M&A arm during the tech boom in the late 90's / early 2000's. Back in the day, they didn't really hire people from outside Intel, unless they were from a top Ivy / had prior experience.

I interviewed with a few of my contacts at Intel Capital (more of an informational interview, really) and at that time they told me they were going to start an "associates program," which was meant to allow recent college grads (both undergrads / MBA's) to join the team and learn the business from the ground up. To my knowledge, this program hasn't been started yet, and probably isn't going to be any time soon.

Great position though, once you break in. True, you won't be making $MM+, but you'll have a great job, great lifestyle, and arguably superior exit ops to any IB/PE job. Intel Cap guys get poached all the time from top firms, andy many of them leave the corporate side to join buy side firms and start raking in the big bucks.

Hey guys, I'm working for a small mgmt. consulting firm this summer and need some help. I was wondering if anyone had any contacts or people that are high enough in Intel Capital which would be beneficial to talk to regarding GRC (Governance Risk Compliance), and Business Continuity Planning dealing mainly with disaster recovery. I believe that Intel Capital can provide the software services for both, and as we all know, Intel Cap is one of the biggest, if not the biggest tech VC out there right now. By the same token, if anyone has any insight on how the company is structured, it would be nice to be enlightened on that too.

Thanks

Intel business model involves buying a lot of companies for their tech patents (you should google it). So you can expect that a job in Intel Cap will be very competitive.