I realize that I am guilty of ageism—and in particular, what I would call self-ageism. Ageism is a form of prejudice. It means thinking poorly of someone not because of their behavior or character, but simply because of their age. This realization came to me the other day while I was considering the possibility of … Continue reading
Category Archives: about business
The best ideas can be found in the grave yard of failed dreams
Timing, a leading cause of death There is a phenomena that I have often observed during my 35 years as an active investor in early stage companies. More than 70% of new companies fail. While there are many reasons, one of the leading causes of death is timing. Take the first wave of internet companies … Continue reading
Intel Capital: A Financial Success and a Strategic Failure-A Point of View from the Co-Founder
When Les Vadasz and I started Intel Capital in 1991 (I had already been doing minority investments since 1988), we had three objectives: We believed, correctly, that by working with early-stage companies we could gather important insight into future opportunities and challenges. That part was true, but our inability to use this information to inform … Continue reading
End of Time and Space-A reflection
Yesterday, I had a wide-ranging interaction with my dear friend, Mark Goldstein. I am not sure how to describe a Zoom call when it is just between friends. It is clearly not a meeting, but perhaps a virtual get-together? I have been checking in online with friends all over the world during these difficult times. … Continue reading
Formerly, the Former Avram Miller
Turning 80 Turning 80 last month was not easy for me. I used to be the youngest person | in the room. Now I am the oldest. Once, I was a child prodigy. Now I am an elderly man who gets seats offered to him when he rides the metro. Frankly, I am struggling to … Continue reading
Intel recently announced it is spinning out Intel Capital.
Les Vadasz and I co-founded Intel Capital in 1991. Les had hired me in 1984, and he was the only person I reported to during my 15 years at Intel. He was among the original 12 people who started Intel, appearing as employee #3. Sadly, he is the only one of that group who is … Continue reading
Hybrid Intelligence: Partnering with AI
Like many others, I’ve been experimenting with AI applications. Actually, it’s fair to say I’ve been obsessively exploring them. Alongside my primary companion, ChatGPT, I regularly use tools like Gemini, Stanford’s Storm, and NotebookLM. Beyond these “regulars,” I frequently test other AI applications, always curious to see what might stick. ChatGPT has become more than … Continue reading
Intel Inside the PC Jail
In the 90s Intel Capital invested in Broadcom, initially as part of Intel’s ethernet initiatives. This investment was later augmented in support of our very successful effort to create residential broadband, an effort I was spearheading. Intel became the largest outside shareholder of Broadcom owning about 7%. At the time, I believed that Intel should … Continue reading
Intel Must be Saved
I write often about Intel and in particular is spectacular rise and fall. I have explained that Intel under the leadership of Andy Grove, recognized the opportunity of the Personal Computer and brilliantly exploited it. That as act two for Intel which had originally focused on memory devices. The PC opportunity in which Intel played … Continue reading
AI will replace my doctor very soon.
I spend several hours a day trying to master various AI platforms. My favorites are ChatGPT and NotebookLM. I have not been very happy with Gemini. Yesterday, I received my lab results from my doctor in LA. I decided to compare these results with other lab tests I’ve had over the last two years. Only … Continue reading