Friday, June 10, 2005

Do They Know Something Everyone Else Doesn't?

One of the Silicon Valley venture capital millionaire guys is becoming the majority owner of the Pittsburgh Penguins.

A few questions:

1. Most people at his age leave Pittsburgh for warmer, drier climates, not go there. How will he run his investment? He won't actually move to Pittsburgh, will he?

2. What does he see in the NHL that the rest of us don't?

3. Or, is this just simply another case of a really rich guy looking for a toy, in this case a professional sports team?

They once made a (bad) basketball movie called The Fish That Saved Pittsburgh. Stay tuned for the venture capitalist who tried to save Pittsburgh.

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