emerging trends within business and consumer services, communications, energy, Internet, media and software sectors prior to recognition by the broader marketplace, and to take a proactive approach to work with entrepreneurs and managers who have the desire, talent and determination to build world-class companies. Texas Ventures brings a very hands-on approach to each of its investments and our team typically works more closely with management than most venture firms. As a result, we usually rank as top industry performers for our partners and investors.