What a difference a year makes. One year ago, I was celebrating after my Philadelphia Eagles won the Super Bowl. I grew up in Philadelphia and football has always been my favorite sport. To see my hometown win its first Super Bowl was beyond amazing. Also one year ago, the only place you could bet legally on the Super Bowl was Nevada. This year, you could bet legally in eight states. Industry experts think that number could double to 16 by the end of this year. If you look at the early numbers coming in from this year’s Super Bowl, they are less than expected. But don’t let the early numbers fool you. Sports gambling remains the unique opportunity it has been since last May.

I’m going to share with you a one sentence description of our future. Are you ready? Better batteries will make everything better. I realize there is a lot more to our future than batteries. And I realize this idea isn’t being taught in philosophy or sociology classes. But it should be discussed in business and finance classes because the opportunity is enormous. Not too far in our future, everything will be mobile and unplugged. So when I say better batteries will make everything better, that’s exactly what I mean.