From a PC Mag article and an Intel press release: Intel Capital and 24 VC’s are putting $3.5B (over two years) into US based tech companies.
Also in the same announcement, Intel and 17 companies announce goal to hire approx 10,500 new college grads in engineering and computer science thru Invest in America Alliance.
Now the ugly part…. I couldn’t help wondering how 10,500 new hires compares to overall employment. So I looked up the currently available stats on these 17 companies.
- 1.25 Million employees
- $1.1 Trillion in combined market caps (current intraday prices)
- $580 Billion in combined revenues for 2009.
- 10,500 new hires represents an employment increase of 0.83%
- Statistically, they can expect ~ 4K current employees to leave this year.
That’s a net of ~6,500 new entry level jobs in the nation of wealthistahn.
If you look at the average annual revenue per employee of the Alliance, the companies receiving the $3.5B in investments could easily create the same number of (or more) net new jobs than the 17 Alliance companies.
Now, since it’s unlikely Intel and co are planning on growth thru internal accomplishments, I’d like to see how much they’re squirreling away for future acquisitions.
| company | ticker | Current employees (finance.yahoo.com) | market cap $B |
revenue 2009 $B |
Market Cap per employee in Dollars |
Revenue per employee in Dollars |
| Intel | intc | 79,800 | 112.84 | 35.13 | $1,414,035 | $440,226 |
| CDW | n/a | 6,800 | 8 | $1,176,471 | ||
| Microsoft | msft | 93,000 | 249.17 | 58.69 | $2,679,247 | $631,075 |
| goog | 19,835 | 170.57 | 23.65 | $8,599,445 | $1,192,337 | |
| HP | hpq | 304,000 | 118.47 | 116.92 | $389,704 | $384,605 |
| Accenture | acn | 176,000 | 25.52 | 22.45 | $145,000 | $127,557 |
| Adobe | adbe | 8,660 | 17.63 | 2.95 | $2,035,797 | $340,647 |
| Autodesk | adsk | 7,800 | 5.92 | 1.75 | $758,974 | $224,359 |
| Broadcom | brcm | 7,407 | 15.29 | 4.32 | $2,064,264 | $583,232 |
| Cisco | csco | 65,550 | 138.24 | 35.53 | $2,108,924 | $542,029 |
| Dell | dell | 77,700 | 25.93 | 52.9 | $333,719 | $680,824 |
| eBay | ebay | 16,000 | 29.71 | 8.73 | $1,856,875 | $545,625 |
| EMC | emc | 33,000 | 35.38 | 14.03 | $1,072,121 | $425,152 |
| GE | ge | 300,000 | 170.07 | 156.78 | $566,900 | $522,600 |
| Liberty Mutual Group | n/a | 45,000 | 28.9 | $642,222 | ||
| Marvell Semiconductor | n/a | 5,145 | 12.17 | 2.48 | $2,365,403 | $482,021 |
| Yahoo | yhoo | 13,000 | 21.72 | 6.46 | $1,670,769 | $496,923 |
| TOTALS * | 1,258,697 | 1,149 | 580 | $951,722 | $460,532 |
