Hacker News new | ask | show | jobs
by colin_mccabe 327 days ago
Intel is not funded by venture capital.
2 comments

You could remove venture and it would still be accurate
Sorry, but I don’t find it a very insightful comment.

(Removed comment about it being AI-generated since that might be unfair.)

Its not AI generated. Sorry friend. Even if it was, assess the message, not the medium :)
The new fabs were funded by PE.
PE is not VC. VC is targeted at early-stage companies, which Intel is not.
Replace VC with shareholders - the point is the same. Someone wants more money out than in. That same someone doesn’t have long-term incentive to care about our future, or even the customer

To achieve that, business owners do as I mentioned and more. Not out of maliciousness or spite, but out of necessity

Depending on the PE firm, it could make the worst VC look like an angel
Not really. Intel made an agreement with a PE firm while well into building the fabs. In terms of the overall capital spent, most of it is Intel's.