Avi has detached the screen from his big laptop and laid it flat on the surface of the overhead projector, which shines light through the liquid-crystal display and projects a color image on the whiteboard. It is a typical desktop: a couple of terminal windows and some icons. Avi goes around and picks up the signed NDAs, scans them all, hands one copy back to each person, files the rest in the outer pocket of a laptop bag. He begins to type on the laptop’s keyboard, and letters spill across one of the windows. "Just so you know," Avi mumbles, "Epiphyte Corp., which I’ll call Epiphyte(1) for clarity, is a Delaware corporation, one and one half years old. The shareholders are myself, Randy, and Springboard Capital. We’re in the telecoms business in the Philippines. I can give you details later if you want. Our work there has positioned us to be aware of some new opportunities in that part of the world. Epiphyte(2) is a California corporation, three weeks old. If things go the way we are hoping they will go, Epiphyte(1) will be folded into it according to some kind of stock transfer scheme the details of which are too boring to talk about now."