I left Level 3 years ago, just as the Travel Channel sparked the Texas Hold’em craze. I TiVo’d it for the first couple of years and watched most episodes. I was already familiar with Texas Hold’em, but the TV series made me enamored with the game. See KOH, there is life after Level 3. Kevin Dundon still jabs at my transformation from crazed telecom exec to connoisseur of cable TV reality shows.
In big Texas Hold’em tournaments, players start out at multiple tables, each table with ~12 players. For example, if 60 players are in a tourney, initially five tables will be used. As players drop out, the tables collapse. After ~12 players drop, players move to four tables. When only 36 players remain, three tables are the result.
When you get down to the final 12 players, you move to one table. “Final Table” is the expression that is used. Everyone wants to get to the final table. Once you are there, anything can happen. You might not win the tournament, but you will likely end up “in the money”, meaning one of the players who receives part of the winnings. But, with a bit of luck and some smart maneuvers, even the weakest player can win.
Many dozens of telecom companies built or acquired fiber networks in the 1990s and 2000s. Way too many, we know now with the benefit of the meltdown. The fiber, though, did not melt. What happened to all these companies? How many remain? With consolidation continuing, who will be the survivors?
Sounds like one big Texas Hold’em Tournament to me. We will set forth the tournament format tomorrow.
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