As I look back on 2007, it was a year of change – both big and small – for me and my family. It was a good year, a year of personal growth and self-actualization. It was a year of playing offense. It was also a year of great sadness.
My father passed away. As an only child, it was sad to spend the holidays without both my mom and my dad for the first time. I am now the man in the family. I am now the elder statesman. Time to grow up. My son went away to college. He has flown the coop. I am pleased to say he is flourishing as a student but I miss him. Time flies when you are having fun. I left AOL, the company where I spent the last 15 years of my life. Even though the company has been nice to me and allows me to use the title of Vice Chairman Emeritus, I am retired and no longer have any say or responsibility at AOL. I wish the company only good tidings and I am hopeful that AOL as a company prospers. I miss the employees and the mission of the company. I am spending more time at Lincoln Holdings with the teams, the Capitals and Mystics. We have new offices; the Capitals have new players; a new head coach; new uniforms; a new brand; lots of new employees; and finally a good month of winning results to end the year. I expect great things from the Mystics this next season as well. I love working out of our new offices at the Kettler Capitals Iceplex. The new offices and the youthfulness of our staff and their high levels of energy is a great change for me. I made two independent films: "Nanking", which as I have reported during the year, has done quite well and of which I am very proud and "Kicking It", which will premiere at the 2008 Sundance Film Festival. I coined a term "Filmanthropy" which I truly believe in. Watch this blog for big news about "Kicking It" and about some new plans in the Filmanthropy space. I learned a lot about moviemaking and the distribution and marketing side of the business and want to add value to the benefit of the industry. I think the industry needs positive change. I plan to help in 2008. I became very involved with two companies as an investor/board member and as Chairman: 1. Revolution Money which is positioned as "PayPal meets MasterCard without the high charges". We launched our services; we raised $50 million in venture capital; and we are now scaling quickly on both the merchant acceptance side and the consumer side. I expect lots of big and positive news from Revolution Money in 2008.2. I also am pleased to be so involved with Clearspring Technologies, a leading Web 2.0 widget syndication company that will pioneer widget advertising and syndicated atomized media networks. This is an exciting space that will explode in 2008. I made a bunch of angel investments in so many companies it is too long to list. I even made an investment last week in a cool alternative energy company called Gridpoint. In all, I made 15 private investments during the year and I plan to now take a rest and NOT make any new investments for a while. I need to see how this first wave of investments do and keep some money for the inevitable next rounds of financing. I fell in love with blogging. I am very religious about how often I blog. I also am very helpful to all bloggers out there. Join the blogosphere and have your voice be heard.
I went onto Facebook during 2007 and now have more than 1,100 friends. I stay connected to lots of folks in this way. I made lots of widgets during the year at the Caps, for some of the startups I am invested in and for my films. This Web 2.0 syndication stuff really works. I will do more of it in 2008. My good friend, Steve Case, invited me to set up shop at Revolution HQ and gave me a really beautiful office to work out of. I very much enjoy working in downtown DC surrounded by such great and talented people, many of them my long term friends and people that I enjoy being with and respect working with on a daily basis. Revolution is doing some very important work and I am pleased to be part of this evolving network of companies. I intend to do even more in the New Year. The Case Foundation is also doing amazing work and I fell in love with their work on PlayPumps International.
I spent more quality time with my friends and partners during the year. I am blessed to have such a tight-knit group of friends. Here is to even more quality time spent in 2008. It was a great year filled with love; with hard work; and with change. Thanks for being a part of the journey. Here
Ted- I’ve been a big fan since the RCC days. How are your glasses? Glad to see that you still have the vision and the fire. Be well.
Thank you for taking the time to blog throughout the past year. I very much enjoy & learn from your “take” & Happy New Year!
Happy new year Ted! I also left AOL after 15 years and made an investment in GridPoint. My investment was to take a job there! http://alankeister.wordpress.com/2007/12/22/gridpoint-my-next-adventure/
Take care
Happy New Year Ted and Thank You!
Eh, they don’t copyright phrases after all according to http://www.copyright.gov/circs/circ34.html.
Keep up the good work, Mr. Leonsis. It is wonderful knowing that you are in the world. Sir, did you actually coin “filmanthropy” because you know, you actually can, and it would probably be a good idea to do that now. I think you only need a form from the LOC.gov website. It has been a while since I filed any copyrights with them. Let me know if you haven’t filed the forms; I will help you if you haven’t time. “Let’s get ready to rumble!!!” is copyrighted. So it would be nice to know yours is too.