Pantheon Partners, L.P. is a technology hedge fund. We often focus on product/industry cycles and turn-around situations where we believe our investments can out-perform the market. As many of these situations take time to fully develop, we have generally been longer-term shareholders of our investments. My partner and I have experience in both investments and operations in technology companies. On my part, prior to joining Pantheon in 2004, I was a partner at Sycamore Ventures, a venture capital group. Prior to Sycamore, I worked in engineering and market capacities at Intel Corporation, and in venture capital and investment banking positions at various affiliates of James D. Wolfensohn, Inc.