Clearspring Technologies Adds a New CEO

We are so pleased to add to the great team at Clearspring Technologies. Ramsey McGrory – formerly head of Yahoo’s Right Media group is joining founder Hooman Radfar to team and lead this fast growing company to even greater heights, as our new CEO.

Clearspring is a company that I am very fond of and I really believe in; it is located in Northern Virginia and NYC. I was one of the first investors and served as Chairman for many years. Hooman Radfar – the founder of the company – will now become founder and executive chairman; Ramsey will be CEO and I will move from Chairman to being a board member .

Clearspring is hitting its stride. It is booming in terms of usage on the network – the number of publishers that utilize the Add this button; how many times the window is activated by users; and the number of user – (more than a billion!) that share across our network.

This is fantastic news for the company and the Big Data industry; Ramsey is a true leader and great executive – and the team at Clearpring is the best; the company is ready to take the next step forward and I am grateful to be involved with this company; it is growing; it is hiring; it is creating value and serving its customers well.

Class Warfare – Yuck!

Let me get this on the record.

My dad was a waiter. My mom was a secretary. Neither attended college. I grew up in Brooklyn, NY and Lowell, Massachusetts. I attended public schools. My parents – in their best year – earned $31,000 combined. My dad worked for tips – often received in change – as he worked a counter for breakfast and lunch at a diner. My dad, too, once lost his job. I remember the angst in our household.

I attended Georgetown University which at the time wasn’t a need blind school via college loans. I paid them all back five years after I graduated.

I have great empathy for middle class or lower middle class America. My horizons as a young adult were not expansive. I was programmed to be a produce department manager at a grocery store in my neighborhood. That was my dad’s aspiration for me. I would have been proud to work hard to become a leader in a grocery store and I bet I would have been good at it, too. By luck and hard work, my career took a different path.

I say this as I read all of the rhetoric about Class Warfare, the rift that is being created between economic middle and lower class and as the President said “those millionaires and billionaires.”

The real rift in philosophy though is do you want the Government to create jobs and stimulate the economy or do you want America’s small business to be the engine of growth?

Economic Success has somehow become the new boogie man; some in the Democratic party are now casting about for enemies and business leaders and anyone who has achieved success in terms of rank or fiscal success is being cast as a bad guy in a black hat. This is counter to the American Dream and is really turning off so many people that love American and basically carry our country on their back by paying taxes and by employing people and creating GDP.

This is a bad move all designed by some pollster who said this is the way to get votes during the re-election. It should be stopped. We should be healing and creating teams NOT dividing and pitting people against one another.

I know the President isn’t speaking to me specifically when he talks but many times I hear stuff and I cringe personally. As a friend told me the other day who lives in China, “Every time your President talks of late, it costs us billions in market cap and in confidence in your country and your economy.” Why do we devalue success in the US when the rest of the world is trying to emulate what we have created as an economic system?

So for fun: I take the Acela train to Philly and NYC all of the time. Alone – no traveling companions to prep me. I have never seen our President on the train, have you? I own 50 hours on NetJets for the rare occasion I do travel by private plane. Does Air Force One charter out? Stop making private planes an issue. This is a tiny issue for us to deal with for our country.

I do have a nice home with a house keeper. I have only one home. I bet there is more staff at the White House though? And Camp David. What kind of real estate tax is the White House paying? Nice jewelry here. Click away. Stop it. Upgrade the discourse.

With my investments and board seats and companies that I own, I am at a leadership position in concerns that employ more than 200,000 people. We do our best to be good corporate citizens. I know in the companies that I own personally or am the largest shareholder that we support now more than 500 charities. We care. Pick some business leaders that you work with and make them heroes. Don’t demonize them. Showcase them as great Americans that care and hire and employ people. Employment is the biggest issue you will face when re-election comes. If people aren’t working, they will blame you and your administration. And since you have never worked before in a real job for a real company, you need help from people who have been there. Don’t push them away!

I pay taxes. I am willing to pay even more taxes but I would want accountability that the money was being spent wisely on infrastructure investments; education and retraining; and anything that makes us more competitive and gets people working again. That seems fair doesn’t it?

I voted for our President. I have maxed out on personal donations to his re-election campaign. I forgot his campaign wants to raise $1 billion. THAT is a lot of money–money–money–money! Money still talks. It blows my mind when I am asked for money as a donation at the same time I am getting blasted as being a bad guy!

Someone needs to talk our President down off of this rhetoric about good vs. evil; about two classes and math.

Our country was founded on the premise of “life, liberty and the pursuit of happiness”. Is anyone happy right now with all of this?

Hit a reset button ASAP.

Rethink how to talk to businesses and sell business leaders on your plan to make America great!

Many of us want to be a part of the solution. We aren’t the problem.

“That Used To Be Us”

Gulp.

What a book. What a great expose of what ails us with some fantastic prescriptions for remedies.

Thomas Friedman and Michael Mandelbaum have nailed it. This is a powerful and important book. I hope every politician in DC reads this book; feels shame; toughens up; and acts with a higher calling to get us back on our feet and moving in the right direction.

I am halfway through this book and I am thrilled with it. I am also scared to death at what has happened to our competitiveness which is outlined in such a rationale way in this book.

Also note that the call for a bolt out of the blue for a new political party is ripe in these pages. Amazing. This may be the most important book published this year regarding the mash up of geo politics and business.

Caps Convention Weekend

THAT was awesome.

Woodstock in RED.

Burning Man indoors.

There were over 6,500 people all Rocking the Red.

I so enjoyed getting so many hugs; handshakes; giving autographs; having pictures taken; and talking to you all. Thank you.For an extrovert that was heaven.

The Alumni game was perfect. The new Convention Center layout worked well I thought. The fan lines moved better to get autographs. The sound systems were much improved. The panels were all instructive. Thank you to the speakers some who traveled from far away to participate.

I am very grateful to all of our employees that work so hard to make this event so great for you all!

I am very proud of you. Go Caps! And thanks again.

I Met Michael aka “Tattoo Guy” at the Caps Convention

He is a very nice young man and a true passionate Caps fan.

He truly does have 23 tattoos and as he noted, “I am skinny and THAT was painful! I have bled for this team.”

He has some spaces that have yet to be completed. I suggested he sell naming rights!

Michael is a fine young man with lots of Caps focus and passion and attention when he isn’t working 9 to 5.

I am proud of Caps fans. This show of support was above and beyond the call of duty! But thank you so much and it was great to meet you Michael. Go Caps!

Run – Don’t Walk to Go See “Moneyball”

All you armchair GM’s out there – this movie is great theater; very realistic; great acting; very restrained; and very honest.

The book was a sensation.

The film drives it home.

Analytics have changed everything in all industries.

Baseball will never be the same.

And the only thing that matters in sports is winning that last game of the season.

Sad but true.

I loved this film.

Sell Out

We sell out preseason games in Baltimore.

We sell out preseason games at Verizon Center. I hear there are still some tickets left for Monday night’s game. Come on out and enjoy Caps hockey for the first time at home this Monday.

We will sell out all games at Verizon Center during the regular season; click here for your single game tickets now; we keep some single tickets available to introduce people to the game or who can’t commit to season tickets; this is the right thing for us to do and I hope you will act now to buy your single game tickets.

We sold out the Caps Convention – starting tomorrow;  We sold out tonight’s Alumni game at Kettler.

Thank you Caps fans; I am forever in your debt. Your passion and commitment to us and the team is over whelming. Go Caps, indeed.