Big Turnover at Intel Capital
Intel calls it a coincidence that both Intel Capital President John Miner and Intel Capital VP Claude Leglise have announced that they are leaving. We suspect that they were not pushed out as Intel treats its old-timers well.
Seeing Leglise’s name brings back awful memories of working with him at Honolulu-based WorldPoint Interactive. Leglise was guilty of terrible judgement by agreeing to sit on the board of this company as a favor to his college buddy who was chairman – a Honolulu breast implant doctor who went by the name Dr. Bob. WorldPoint had no adult supervision and was run by a whacked-out Swiss financier. In the end, the company was embroiled in lawsuits and a face-off with the state of Hawaii which had provided debt financing. Leglise was lucky that this took place in Hawaii not in San Jose, so that he was able to escape with his reputation in tact.