Arvind Sodhani, who heads up Intel Capital, the computer chipmaker's venture capital arm, reports that fewer companies are seeking venture capital in the recession in this episode of The Deal's Behind the Money online video show.
VCs are willing to invest, says Sodhani, but at lower valuations than many startups are willing to accept.
Sodhani also discusses the effect that the until-recently nonexistent IPO market has had on Intel Capital's portfolio and on how recent innovations, such as SecondMarket's Private Company Market, may help investors get some liquidity from pre-IPO companies.