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I will call you at 3:45pm ish.

On Thu, Jul 29, 2010 at 3:19 PM, Hunter Biden <hbiden@rosemontseneca.com>wrote:

> calll me when you get a chance - ill gicve you recap of meet with C
> R. Hunter Biden
> Rosemont Seneca Partners LLC
> 202-333-1880
> 212-933-9965
>
>
>
> On Jul 29, 2010, at 3:13 PM, Neil Callahan wrote:
>
> Hi guys,
>
> I just made the train. Someone buy Rob Walker a Coke, he drove me to Union
> Station in the rain. I would not have made it if I had to hail a cab. He's
> a good man.
>
> Rob and Curt came by the office and spent a bit of time with them. Eric
> and Hunter then say down with them.
>
> In my conversation with Curt is was clear Vide is intended to do more than
> be a shell company.
>
> IPS is not at the size where they are being asked to subcontract to ensure
> the USG has a healthy supply chain, so creatign Vide to do the computing is
> needed to continue to service the USG at the same or increasing levels.
>
> Vide will seem to be the place that houses all of the hardware and software
> developers who will take ownership of the technology. Vide will service IPS
> on IPS related work with technology and software support. So Curt is
> thinking Vide will have 6-7 people, mostly software developers and hardware
> support guys.
>
> It was clear Curt and team are thinking that "new co" will be focused on
> the "financial services" industry. With SWFs and Coporate being verticals
> that Vide pursues independently or possible with other JV like partners (not
> discussed, but a potential option for Vide.)
>
> The opportunities in Australia seemed to be Vide opportunity, not
> necessarily the New Co opportunity.
>
> I mentioned to Curt that this whole topic will be teased out in the meeting
> prep pack and will a great topic of conversation for Thursday.
>
> The reality is Vide will be very challenged to get any traction beyond IPS
> or our New Co with someone like us or hiring a consulting firm to help them
> realize any vision.
>
> I believe once we get the New Co going and have a clear scope around that,
> it will consume their focus (other than supporting core IPS).
>
> Eric & Hunter: what came out of your meeting with Curt and Rob?
>
> Best,
>
> Neil
>
>