I wrote that about Perry Friedman in April 2003 - later quoted in Tales from the Tiltboys. I had played online with Perry before, but it was the first time we physically met. I recognized him immediately from across the decrepit bleachers, temporarily erected in Benny’s Bullpen. His notorious fidgeting betrayed his identity. We were among the fewer than 30 people gathered to watch Chris Ferguson win a World Series of Poker bracelet in Omaha hi/lo.
I moved next to Perry to try to engage him. It was like tapping into a fire hose. In the hours that passed, he orchestrated dozens of outlandish prop bets — but mostly he gushed about his latest business venture. He and a number of other pros were going to launch a new online poker site.
I tried not to be rude, but IMHO the time had passed for online poker entrants. Planet Poker, Paradise Poker, PartyPoker and PokerStars all had healthy head starts in the US online poker market. The upfront software development costs would be huge. It would be a battle, trying to unseat entrenched market leaders with years under their belts. The more Perry babbled on, the more worried I became for his misguided online poker vision. Read More