Roll Up, Roll Up: Intel Flogging Capital Assets
So why has Intel hired UBS to try and sell $1 billion worth of Intel Capital’s assets?
The plan has caused investor alarm, first because it suggests that Intel doesn’t see these investments delivering required returns, second because it underscores a general perception that start-up valuations have been too high, and third because it will put publicly visible valuations on assets which, if low, will drive down the value of all start-up investments.
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