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04/26/2004: "aiding and abbeting?"

So this article was an interesting read, if only because my former employer seems to have off-shored its entire software development effort to India at the behest of one of the VCs, and Intel, as a major investor, has a place on the board.

Question: if Intel is really concerned, why aren't they influencing via their investments?

Incidentally, Lip Bu is an investor in the company that got the outsourcing gig for all the software engineering. He also brought the new CEO into Vivato from another Walden-funded, but failing startup, also the source of Vivato's new VP of Marketing.

This "VC swirl" thing has always bothered me. VCs expect that the money they put in will come back to them, not just as a straight ROI, but also as a little micro-economy involving their investments, not unlike the old company town of yore.

Jim