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2009
Is it attractive to do?



Can we do it?
BIG FONT
SPECIAL FONT (I LIKE BOOPEE)


 INTERIOR SHADING WITH 9+ BLUR
REGULATORY CONFUSION




MORE RULES

MORE UNCERTAINTY

MORE ENFORCEMENT
Yaah, more of
A bit boring
                the same. Been
   here.
               there, done that.
Platform




                                           App
                    App




                                                      App
           App   Platform   App




                                            App    Platfo
                    App
   App




                                                      App
                                  App
Platform   App
Bullet points
STOP
effort
Volume   Price   Sales
1         2           3        4           5      6

Pricing   Geography   People   Marketing   Cost   Luck
Houston,
we found some
 bullet points!
Look at the   before you go ahead and sign the deal
To here




From here
Is it attractive to do? Regulatory confusion and uncertainty
Is it attractive to do? Regulatory confusion and uncertainty
Is it attractive to do? Regulatory confusion and uncertainty
Is it attractive to do? Regulatory confusion and uncertainty
Is it attractive to do? Regulatory confusion and uncertainty
Is it attractive to do? Regulatory confusion and uncertainty

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Is it attractive to do? Regulatory confusion and uncertainty