Bleak IPO market will hit late stage valuations, says Intel's Cap's Sanjit Dang

Sanjit Dang, investment director at Intel Capital, the investment arm of the US-based chipmaking giant, still speaks with a clear Indian accent despite living for 20 years in the Bay Area.  A PhD from the University of Illinois, Dang is part of the team that decides where Intel Capital will deploy its yearly investment, which averages at about $400 million.