The Deal
Sunday, November 22, 
3:05 pm

Intel Capital Summit kicks off

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This is the first time the Intel Capital CEO Summit has been open to the press, and it shows. The reason for excluding reporters in the past from the event, held this year at the La Costa Resort in Carlsbad, Calif., is obvious — ink-stained wretches might intrude on any deals being cut. Still, the pains taken to control the media coverage, given that select journalists were invited to the gathering, border on the paranoid. This reporter was assigned a media relations "companion," and even a trip to the restroom after a taxi ride from San Diego International Airport required an escort (although my female minder graciously left me at the bathroom door). That sense of caution will continue Friday morning, when Intel Corp. CEO Paul Otellini gives a speech from which the media is excluded.

Still, kudos to Intel Capital president Arvind Sodhani and his media reps for extending an invitation to what promises to be a compelling event for the venture unit's portfolio companies, as well as for corporate execs looking for a sneak peek at promising new technologies. Intel Capital, the largest corporate venture arm in the world, invited only three media types to two days of the summit, including Infectious Greed blogger and VC Paul Kedrosky and National Public Radio correspondent Scott Horsley, who will take the stage to interview Sherpalo Ventures founder and early Google Inc. investor Ram Shriram. And the event, where executives from Intel Capital's portfolio companies get to pitch their wares to Fortune 1000 companies and their potential customers, offers a ring-side seat at one of the hottest tech deal tickets around. —Olaf de Senerpont Domis

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