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March 31, 2007


One of the companies I have been advising is GateRocket.  GateRocket was founded by friends of mine who took the chance of starting the company in their house with no income and no outside funding.  You've got to love entrepreneurs like that.  They're committed to the idea and willing to sacrifice alot to see it come to fruition.  Something every investor should look for.

GateRocket offers a hardware and software solution to greatly speed up the verification of FPGA (Field Programmable Gate Array) designs.  FPGAs are becoming increasingly powerful and complex.  They are the highly functional chips that power many of the electronic devices we use every day.  Although these devices are programmable, the complex designs can be challenging to test and verify.  Founder Chris Schalick developed some unique methodologies for verifying these designs, filling an important gap in the marketplace.

GateRocket is angel funded.  Many VCs are wary of investing money in the design tool space as the outcomes are generally limited.  Conventional wisdom is that you have sell these kinds of companies to one of the big players in order for revenues to scale.  That may be true in the GateRocket case, but I'm pretty confident that the angel investors will get a very nice return on their money.  The outcome may end up being too small for most VC funds, but this is a segment where angels can really do well.

I've known Chris Schalick (and co-founder Stacy Swider) for years.  They're smart and hard-working.  It was a lot of fun giving them advice in my living room as they were just starting up.  Now they've got a strong CEO, Dave Orecchio, who the angel investors brought in (nice value add!).  The company has very nice customer traction and should do well.

March 27, 2007


Dealing with illegal immigration is something that has been on my mind lately.  It started with the raids in New Bedford.  What bothered me most was the treatment of families and children when their parents were detained.  Despite an attempt at coordinating with the state of Massachusetts, in the end, children were separated from their parents and left without care.  This could have been prevented without compromising the goal of the raid.

I recently found out about Endgame, the Department of Homeland Security's plan to remove ALL the illegal immigrants from the US by 2012 (or, as an update (see page 10) to the plan states, 2009).  This is somewhere between 8 and 12 million people removed from the country!  Do we really want to spend our tax dollars on this?

I am all in favor of enforcing our laws, but this is closing the barn door after all the animals have left.  We have US citizens that are the children of many of these immigrants.  They are mostly hard working people who are not threats to our country.  Endgame has nothing to do with terrorism (although preventing terrorist attacks is listed as the number one goal).  We have to deal with the reality of the situation, not some posture we wished was true.

I find it ridiculous that nothing in Endgame has anything to do with punishing the employers who provide jobs (and motivation) for illegal immigrants.  We should be putting these people out of business.  If employers stop offering jobs to illegal immigrants, many fewer will come.

We can't do a sudden crackdown after years and years of lax enforcement.  We have to have a more sane and humane way of dealing with the law abiding illegal immigrants who are here.  They should have some way to earn legal status.  It doesn't have to be easy or be amnesty.  But, it should be able to be accomplished without disrupting communities and families.  We also need to crackdown on employers and continue to have tight enforcement on the border.  We'll never eliminate all the illegal immigrants or totally stop their entry into the US.   But, we should be able to peaceably make a big dent.

Peyton knows where he stands

A friend of mine told me about this as I didn't see Saturday Night Live this week.  If you watch the monlogue, you'll hear this joke:

 Peyton Manning went to visit a Veteran's Hospital in Boston recently.  When he talked to one patient, he was asked what Tom Brady and the circus have in common.  The answer -- they both have two more rings than Peyton Manning!

Peyton's monologue on SNL

March 26, 2007

The word from Warren

Thanks to Brad Feld, here's a link to the Berkshire Hathaway 2006 Chairman's Letter.  It's a great read.  You'll learn something about business by the time you are done.

Note his indictment of the '2 and 20' crowd who don't deliver strong financial results.  Here's an excerpt:

In 2006, promises and fees hit new highs. A flood of money went from institutional investors to the 2-and-20 crowd. For those innocent of this arrangement, let me explain: It’s a lopsided system whereby 2% of your principal is paid each year to the manager even if he accomplishes nothing – or, for that matter, loses you a bundle – and, additionally, 20% of your profit is paid to him if he succeeds, even if his success is due simply to a rising tide. For example, a manager who achieves a gross return of 10% in a year will keep 3.6 percentage points – two points off the top plus 20% of the residual 8 points – leaving only 6.4 percentage points for his investors. On a $3 billion fund, this 6.4% net “performance” will deliver the manager a cool $108 million. He will receive this bonanza even though an index fund might have returned 15% to investors in the same period and charged them only a token fee.


This reinforces the point that the only type of investment in a fund with a 2% fee and 20% carry that makes sense is one with a high return.  The expanding size of VC funds will undoubtedly dilute these returns.  This confirms my thought that going early stage with a tight focus is the only viable long term VC strategy.


One of the companies I have been working with is Geezeo.  Geezeo has not yet launched, but you can tell from their web site that they are building a personal finance solution for the Web.  Web 2.0 has changed a lot about both how data can be gathered as well as how users want to interact with this data and with others.  The idea behind Geezeo is that users will want to leverage the Web much more effectively to gather, summarize, and act on their personal financial information.  Geezeo also has some unique ideas on marketing this service to their initial target market and on how to monetize these users (use of the application itself will be free).

The founders of Geezeo are experienced in delivering Web financial solutions and in building partnerships in that space.  They will launch a Beta soon, with a first real product launch later this year.

If you are interested in learning more about Geezeo, let me know.

Geezeo has a blog that has some interesting information about personal finances.

If you want to track this space, there are at least two other start-ups that are doing something similar (although not as well targeted as I think Geezeo will be).



Stay tuned for more on Geezeo in the coming weeks.

March 25, 2007

Updated Bio

I finally updated my bio to include some of the companies I have been working with lately.  I'll write about some of them in the coming days, except for those still in stealth mode.

Sowing Seeds

Fred Wilson wrote a nice post on seed investing this morning.  This is directly in line with my thoughts on the benefits of getting into an investment early.

One key discipline that you have to have in order to be an early stage investor is to know when to fold your hand (in keeping with Fred's poker analogy).  Although the decision to stop backing an investment is very tough, it's easier to do it with a real early stage company as fewer people are involved and less has been put at risk.  There's always the risk that the VC and the entrepreneur don't agree.  The VC may think that the business won't gain any traction.  The entrepreneur is usually an optimist.  In that case, the VC can back away gracefully and convert their preferred shares to common shares.  If the entrepreneur can get someone else to finance the company, the VC won't be in the way.

I always prefer to make my own mess than to inherit someone else's.  If you build a company from scratch, you know the risks and you know where the bodies are buried.  If you come in later, you have to build in financial protection mechanisms in case surprises come up.  Later stage investors often describe the "first board meeting blues" when you come back from the first board meeting after an investment is made, now finally knowing what the REAL situation is at the company.  As many have said, the vacation doesn't often match the brochure.

I also think that investment style has to match investor personality.  You can make money investing early and investing late.  Your feel for an investment very much matches your ability to tell in your gut if an investment is going well.  That's why it's important to stick to your knitting in this business.  There's a risk that many VCs are now getting away from what they know best.  That will almost certainly mean that their returns won't be as good as they where when they stuck to their sweet spot.

March 22, 2007

Spinning Plates


At dinner tonight with a CEO I have worked with before, he told me that his job felt like a plate spinner, trying to keep everything moving without letting anything hit the ground.  I thought that it was about the right metaphor for how that job can feel at times.  Hang in there!

March 21, 2007


At dinner tonight at a local Chinese restaurant, I received the following fortune:

A goal is a dream with a deadline

It reminded me of something I learned long ago about goal setting.  You should set SMARTP goals.  When done right, they really motivate you:

Specific -- Who, What, Where, When, Which, and Why

Measurable -- There should be no debate about whether or not the goal is achieved.

Attainable --It's pointless to set an impossible goal.  It's even demotivating.

Realistic -- Similar to Attainable, but also includes the balance of other commitments and constraints.

Time-based -- Must have a deadline!

Positive -- You feel better if this goal is something you achieve, rather than something you avoid.  "Don't miss our budget targets this quarter" is not a motivating goal.

This was originally SMART (no P) goals, but I liked adding Positive.  I use this rubric all the time to make sure that goals are more than just dreams with a deadline (which is better than dreams without a deadline).

All of this pales in comparison to my all-time favorite fortune:

 You have a tendency to be shy when undressing outdoors.

Yes, I really got that one.  They don't make fortunes like they used to.

Pats Analysis

Nice article by Peter King of SI.com on the Patriots offseason moves.  I continue to like everything that they have done this offseason.  King points out that the Patriots are also the only team with two first-round draft choices in the upcoming draft (thanks to the Deion Branch trade to Seattle).

March 17, 2007

The power of openness and community

I'm a believer that even a proprietary system can benefit from opening up their technology to an interested community.  A small example that I witnessed provides an illustration.

It's been pretty well documented about the minor problems that the recent daylight savings time (DST) change caused computer systems, cellphones etc.  It also caused an issue for Tivo.  As an owner of an old, Series 1 Tivo, I was subject to the cosmetic problem that for three weeks the time on my Tivo and the guide data would be off by one hour.

As I first started investigating this problem, I was monitoring various discussions on the Tivo online community.  Like many online communities, this site is full of zealots and enthusiasts whose energy and interest never ceases to amaze me.  But, as a casual traveler who is looking for an answer, you can find out an awful lot with some searches.  You do have to wade through lots of noise to find the good stuff, but that's a subject for a future post.

One good thing about the TivoCommunity is that support and marketing people from Tivo actually monitor the forums and weigh in from time to time.  This is great for both Tivo and for the users who can hear the truth from their vendor.  On the DST issue, the offical Tivo statement came out that Series 1 Tivos couldn't be fixed to avoid the DST cosmetic issue.  Of course, as this is only software, it really meant that Tivo wasn't going to invest the resources to update the software for an older platform as they did for their newer ones.  Some users were annoyed, but most, like me, were resigned to the realities of diminishing support for older products.

But, Tivos run Linux.  There is a very active Tivo hacking community.  Although not officially sanctioned or supported by Tivo, it is tolerated.  It turns out that one Tivo hacker came up with a very simple, elegant way to run some scripts on a Series 1 Tivo that fixed the cosmetic issue of the clocks being off by an hour.  The scripts were posted, debated, tested, and modified by the community.  They worked, and the Tivo hackers were happy.  But, only a small percentage of Tivo users are willing to download special software into their Tivo.

Luckily, Tivo monitors this activity and their engineers liked this fix.  They tested it, made some changes of their own, and made it available to their customers in an official, supported version.  It's great that a vendor would be open-minded enough to incorporate the suggestions from their user community so quickly.  And, without having a system capable of being opened up and an active community of users who can extend the system, this fix wouldn't have been made.

Every system can benefit from opening up the code and letting the user community play around with it.  This doesn't have to mean losing control of the technology or having to support unstable systems.  It just means that your bugs get fixed faster and new features come online more quickly.

March 15, 2007

Immigration crimes and victims

I've been tracking the story about the immigration raid in New Bedford, MA on March 6.  The short summary is that the federal government planned a raid on a factory in New Bedford that had hired many illegal immigrants.  This factory, ironically, was making backbacks for the Department of Defense.  However, many of the people arrested had dependent children at home who were left behind as the illegals were sent to Texas for processing. 

I strongly believe that we need to crack down on employers who hire illegal immigrants.  If it is hard to get a job here as an illegal immigrant, fewer illegal immigrants will come.

I also think that illegal immigrants run the risk of being prosecuted.  We have been so lax for the past 20 years or more that it's hard to crack down now.  But, the mood of the country has stiffened on this front, and illegal immigrants know that they could be deported if caught.  My personal feeling is that we should be very tolerant of hard working immigrants as they generally add more to our society than they cost us.  The US was strengthened by the big wave if (legal) immigration in the late 1800s through early 1900s.  But, until the laws are changed, illegal is illegal.

Two things happened here that shouldn't have:  First, but less importantly, the factory was still in business the day after the raid, making their backpacks for the Department of Defense.  The federal government should have put this guy out of business, or at least cancelled all his federal contracts.  The employer committed the much more significant crime than the employees, in my opinion.

But, the real crime was how the federal government treated the immigrants, particularly those with small children.  According to the Massachusetts officials, the state had coordinated with the federal government to have social services people involved with those arrested to ensure that any dependent children were taken care of as the illegal immigrants were processed.  At the last minute, it appears that the federal government did not allow this and went ahead with the raid.  Mothers, including those who were nursing their babies, were arrested and sent to Texas.  No access was given to them by social services.  One seven year old child at home called a hotline to report that his mother never came home.  Some of these children are US citizens as they were born here (that's also a law!). 

This wasn't a national security matter.  Other than a flight risk, these people didn't represent any threat to the community or to others.  There was no reason to whisk them off to Texas before making sure that their children were taken care of.  The children are not criminals.  The federal government of course, called the factory a 'crime scene', which is the reason why the social services people were not allowed there.  They never apologized or acknowledged that their handling of the matter was wrong.

As a society, we need to protect our children and those who can't take care of themselves.  To leave these children scared, hungry, and unattended was the real immigration crime here.  Shame on us all if we let this happen again.

March 13, 2007

Counting on Charlie

I've spent quite a bit of time lately moving around Boston and Cambridge during the business day.  Not having an office means that you get to go to everyone else's office for all the meetings.  Certain days, like today, work out such that taking the T makes sense.  Parking in Boston is expensive, and today's Globe has an article that describes the latest parking rates where you get to the full day rate after about an hour.  The worst is the frustration of driving around Boston and looking for places to park.  If you have 4-5 meetings in the city, as I did today, it's not worth moving around.

So, I've started taking the T into Boston and around Boston more often.  Having a Charlie Card makes it easier.  Surprisingly to this suburbanite, it has worked well.  It's pretty efficient and convenient.  And, I'm saving a bit of greenhouse gas as my car sits in the Alewife garage.  The best part on a nice spring day like today is that you get to walk around the city and enjoy it.

Free can create value

There has been some discussion in the blog world about how to create value when you give something away.  Josh Kopelman correctly points out that the hardest thing about offering a free service is getting users who pay you zero to make the leap to paying you something.  It was on Fred Wilson's blog where I first heard the term 'freemium', describing a service which is offered for free with the option for some users to upgrade to a premium, paying service.  I'm skeptical of high rates of conversion to premium, so free services need other sources of revenue.  Everyone expects that a free service will be supported by advertising.  And, that's not a bad way to make some money.  But, I would be worried that advertising on its own won't scale to be enough revenue to build a big business.

What is most interesting for me is when a free service can attract enough users that are qualified in some fashion and can be handed off to other services who will pay a bounty for a lead or a sale.  This allows the users to decide when they are interested in some new service.  When they are interestecd, they click.  The click should be worth something.  It's even more interesting when this click is tracked through to a sale which pays a nice bounty back to the original site.  This pay for performance model goes beyond just plugging in Google ads to your site.  You need to negotiate partnership deals with suitable partners.  But, your free customers can be worth more in this way than as viewers or clickers of ads or buyers of a premium service.

Like Josh, I am real interested in market segments that can be collapsed with a free model, and particularly those where you can get paid bounties when your users raise their hand to indicate an interest in a related service.

March 09, 2007


If you're in my Outlook Contacts list and also have an account on LinkedIn, you know that I recently decided to try using LinkedIn again.

If you don't know, LinkedIn is a web service where you can monitor your contacts and their contacts.  It let's you search your extended network and, in theory, see if you really are six degrees away from Kevin Bacon (or anyone else).

Like many people in high-tech, I gave LinkedIn a try when I first heard about it.  It was easy to set up an account, and over the years, about 75 people who use LinkedIn and found me on there and have 'connected' to me.  I never used LinkedIn to network with anyone.  And, I refused any and all connection requests from people I did not know well.  In general, I thought that LinkedIn was a waste of time and didn't like the fact that people were 'spamming' me with requests.  I may have responded once or twice to networking requests via people I know well.  But, I was very wary of putting my contacts up on LinkedIn as I didn't want to be bothered by a lot of people who wanted introductions to my contacts.

In the past few weeks, several entrepreneurs had told me that they were using LinkedIn extensively to network with other people and to find interesting contacts.  So, I decided to give LinkedIn another try.  I used LinkedIn's Outlook tool to upload my contacts.  It seemed to mine not only my Contact list in Outlook, but also all the email addresses on any messages I had in my Inbox or in my Sent folder.  Tricky.

Once it put up the list of these 5000 email addresses, I had it select out only those that already had LinkedIn accounts.  I didn't want to foist LinkedIn onto anyone who hadn't already set up an account.  Given how broad LinkedIn is, I figured that someone who didn't already have an account probably wouldn't set one up just for me.

About 1500 of these contacts were already on LinkedIn.  I sent connection requests to those, and about 700 have accepted.  Many people told me that they had forgotten that they had a LinkedIn account or that they never use it.  Only a couple of people told me that they weren't going to say Yes to the connection because they don't trust LinkedIn.  Of course, the rest of the connection requests will probably never be answered because those people, as I used to do, don't reply to LinkedIn emails.

I haven't started trolling through my extended network of contacts, but my 700+ connections lead to 50,000+ people through one level of indirection and 1.5M people through two levels.  How many of these people ignore LinkedIn requests or are dormant?  Who knows.  But, I will try to use it to see who my contacts know that can be helpful to me.

The range of responses I got was quite amazing.  Some people absolutely love LinkedIn and couldn't do their jobs without it.  Others think it is worthless.  Some hate it.  Others just ignore it.  But, it's a social network you can navigate, and that seems to always generate some sort of reaction.

March 08, 2007

Do You Need Live?

I've been thinking lately about the value of consuming live content.  Live means that you consume it as it is created or initially distributed.  I'm not talking about where you consume it, just the time factor.

Examples of live content that seem to be unlikely to be displaced by time shifting are:

  • Attending a concert or live theater event
  • Something like talk radio where the consumer participates as the content is created
  • Speaking to someone in person or on the phone

There are some cases where these experiences are time shifted, but they don't have the impact of being there in person.  I've watched concert DVDs or listened to recorded conference calls.  It's not the same as participating live and, in the case of concerts, in person.  Talking to someone on a live basis could be displaced by email, IM, and online social networking interactions.  But, I don't see live speech going away altogether.

Television is certainly shifting away from 'live.'  Fewer and fewer people watch TV as it is broadcast, although the masses still watch TV live.  I watch a few TV shows regularly and watch a lot of sports on TV.  But, even with sports, I tend to record the shows on my Tivo and watch them at some time later than live.  For sports, I certainly watch it on a current basis.  With some practice, you can figure out what time to start watching a sporting event so that as you fast forward through the commercials you can catch up just as the event ends.  That way you find out the result in pretty much a real-time basis, but you can shave 90 minutes or more out of the content consumption time.

For other shows, I like to watch them on a current basis.  I don't like plots to be spoiled, and I like to talk about the shows with friends.  If you are too far behind, you are out of the loop.  So, I try to stay up to date on the shows I like.  But, of course, I can manage my time schedule to watch the shows when it is more convenient for me.  What's the benefit of watching the show as it is first broadcast?

Whether something needs to be consumed live or not has an implication on how it is distributed, both physically and financially.  More and more content is being distributed in some mode other than live.  It's more accessible, it can be consumed in smaller chunks, and it needs to be monetized in a different mode than broadcast.  Perhaps only live concerts and theater are safe.  Everything else needs to continue to adapt to a non-live world.

March 06, 2007

Pats: Nice Moves

The Patriots have been one of the most active teams in this year's free agency market.  This is a bit unusual, but they also moved quickly and paid up to sign Rosevelt Colvin before the 2003 season.  Unfortunately, Colvin got hurt in the second game and didn't have an impact until the 2005 season (he did come back and play in 2004, but wasn't that effective).

This year, the Pats have signed OLB Adalius Thomas, TE Kyle Brady, and RB Sammy Morris.  They also traded for WR Wes Welker after forcing Miami's hand by threatening to sign him to an offer sheet that Miami would have to match or settle for just a 2nd round draft pick (they got a 2nd and 7th instead).  The Patriots have addressed a lot of their weaknesses, backfilled for Daniel Graham (free agent likely to be overpaid) and Corey Dillon (retired, or retired to avoid being dumped?).  There are rumors that the Patriots are going to sign WR Donte' Stallworth, too.  If he'll agree to a one-year deal, that would be ideal for the Patriots to see if he can fit in.

The Patriots have utilized their cap room very effectively.  No other team that has competed at their level has also managed to give themselves financial flexibility year after year.  They may have cut it a little close last year when they let negotiations with WR Deion Branch fall apart and eventually traded him.  They needed him in their receiving corps.  But, even with that miscalculation, they were 30 minutes away from the Super Bowl.  Now they have re-loaded and improved significantly.  Watch out for the Pats next year!

By the way, it is interesting that Adalius Thomas was willing to take the same type of deal that the Patriots convinced Richard Seymour and Tom Brady to take.  They all agreed to split their 'guaranteed' bonus money over the first two years of their contracts, rather than getting it all in the first year.  The players take some level of risk in doing this as it is possible for them to be cut after the first year and miss out on some of their guaranteed money.  But, the risk of players of this caliber being cut, even if injured, is pretty low.  By doing this, the Patriots get some salary cap relief.  As I recall, Branch was not willing to do this, which led to the stalemate in their negotiations.  If it was good enough for Seymour and Brady (and now Thomas), it should have been good enough for Branch.  I like Thomas's attitude, as reported by Peter King.  He should fit in nicely.

Also, if you are curious about how the Patriots manage the salary cap, check out this fanatical site.

March 05, 2007


One of the most important parts of any start-up's pitch is the competition slide.  This is where you both define exactly how you plan to attack a market as well as how you position the competition.  I think that it is almost impossible to really understand what YOUR business will do and how you will succeed unless you have a thorough understanding of the competitive landscape.

You need to think about competition broadly -- existing solutions to the problem you plan to solve, substitute solutions, start-ups who may be taking a similar approach as you, big companies, small companies, etc.  You have to think about all aspects of these competitors -- technology, financial strength, quality of backers, revenues, brand strength, customers, partners, distribution, etc.  One or two lines on strengths and weaknesses isn't enough.  Try to look at the landscape they way that a customer would -- why would they buy from them?  why would they buy from you?

In a business plan presentation, you'll have to abbreviate this to make it succinct.  But, be ready with a more detailed analysis early in the diligence process.  Most VCs will ask you about competition very early on.  Show them that you know your market.

Also, don't be afraid of showing that you have competitors or that there are other start-ups with similar ideas.  There are no interesting markets with few competitors.  The key is how you will target segments in your market, how you will tailor features and distribution partners to reach that segment, and how your unique insights and combination of skills give you some advantage in that segment.  Markets are rarely targeted and won horizontally.  So, initial segmentation is important.

As a VC, I was always wary when I started finding competitors that the entrepreneur either didn't know about or didn't know much about.  That made me think that they didn't know the market well.  And, there will always be smaller competitors that you don't find right away.  So, if you can find a few new ones, you can be sure that there are a few more.  A good entrepreneur will have their ear to the ground more closely than a VC and should know the landscape well.

March 03, 2007

A New Low

Ann Coulter stooped to a new low in a recent speech.  Fox News reports on it here.  You can watch the video on the John Edwards campaign site here.  I'm not advocating that you give money to Edwards's campaign, but that's the first place where I found the actual video.

I hate it when politics stoops to personal attacks.  I think that it turns off voters.  Even staunch conservatives gain nothing by calling candidates 'faggots.'  If she thinks that Edwards is gay, I think that there is clear evidence to the contrary.  If she thinks he is weak-willed and spineless, she could just say that.  To use such a derogative term guarantees that she'll get coverage, but also drags the discussion into the gutter.

I wish that the press had the guts to ignore such hateful speech.  Only then will people like Coulter stop doing this in desperate attempts to call attention to themselves.

March 02, 2007

The Essence of Sports

It was a game that certainly doesn't matter much in the grand scheme of things (except to those directly involved).  But, it shows why sports are great to both follow and participate in.

Bedford High School played Lynn Tech in the Quarterfinals of the Division 3 North Massachusetts State Basketball Tournament last night (stories here and here (free registration required)).  Bedford had an amazing comeback.  After falling behind 40-20 at halftime and 48-24 early in the second half, the Bedford boys turned on an amazing effort to come back and win the game going away, 73-65.

What I love about this is that the kids never lost their composure and never gave up.  They kept plugging away, both when things were going poorly in the first half and during the comeback in the second half.  There are a lot of life lessons in here.  You have to remain determined, confident, and focused to get anywhere in life.  We all face setbacks.  It's how you respond to them that's important.

I love following sports because you can see the human drama unfold.  In many ways, you get that more at lower level sports than in the pros.  But, the best pro athletes never lose that great determination to win and always give it their all (think Larry Bird and Tom Brady).  It was great to be there for the game last night.  I don't know any of the participants well, but I got an uplifting feeling just watching them battle back and achieve success.  It was also great to see such great support from Bedford students and residents for a road tournament game.

March 01, 2007

Not something to be proud of

My friend Fred has a lot of guts to go along with this. After all that, he had to lose, too.

March Madness on Demand

If you like College Basketball's March Madness, you should sign up for March Madness on Demand. It's free, and you can watch live games from the first three rounds of the tournament.  Great stuff!  If you get there soon, you can still get a VIP pass which supposedly gets you into the front of the line of viewers.  Otherwise, you have to wait for capacity to become available before you are allowed to watch.

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