Monday, January 30, 2006

Intel VC Veteran Focuses On China

From Red Herring:

"On January 11, San Francisco-based venture capital firm WI Harper announced that Mr. (Claude)Leglise (Intel VC veteran) would join as managing director and lead the San Francisco headquarters. His decision to join WI Harper boiled down to one word: China. We caught up with him in Redwood Shores, California, where he let Red Herring in on his plans.

Q: Do you think you’re going to bring a different flavor to the types of investments that WI Harper will be making?
A: I’ve always thought there are four opportunities at the moment. Semiconductors—there will continue to be some good ideas around there. Two is the whole wireless ecosystem. We’re talking about 500 million subscribers by the end of 2007. That is bound to lead to more innovations on the services side. Three is digital media. And four is the ‘wow, I hadn’t thought about that.’ This worked well at Intel, and I think it’s going to work at Harper. It’s the guy who walks in the door, and he describes this new thing, and you go ‘wow, it doesn’t fit in any strategy we have, we’ve never thought about this, but it sounds really compelling.’ "


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