This difficult period for start-ups will produce many important companies, as happened in the last tech downturn, says Sita Vasan, a senior officer with Intel Capital, one of the the world's biggest corporate investors.  

Sita is based in New York where she evaluates investments in media, marketing and related companies.

She says that Intel is looking for investments in online advertising and analytics as well as gaming.  She said the introduction of  Larrabee, the new chip which accelerates gaming graphics has heightened the company's interest in investing in gaming technology for the PC.

I interviewed her at the AlwaysOn conference in New York last month.

— Andy Plesser, Executive Producer