Word: million
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Dates: during 2000-2009
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...investors have been cautious on the group, giving only lukewarm receptions to four entities that recently went public in the sector: PennyMac raised only $335 million in its IPO - less than half of the $750 million it had expected - and its stock fell below its opening price after trading began; Invesco Mortgage Capital Inc. (IVR) raised $170 million; and Cypress Sharpridge Investments (CYS) grabbed $100 million. Starwood fared better, raising $810 million - the second largest IPO this year - but its share price also slipped below its IPO price the first day. (See which businesses are bucking the recession...
Like it or loathe it, Wikipedia is a force. When contributors penned its new entry on Norwegian actress Beate Eriksen on Aug. 17, the English-language version of the controversial user-generated encyclopedia reached 3 million entries. More impressive still: more than 10 million users contributed to that milestone. Not bad for a service originally conceived as an afterthought to Nupedia, a failed first attempt by Internet entrepreneur Jimmy Wales and philosopher Lawrence Sanger at creating a free online encyclopedia...
...Wikipedia.com went live on Jan. 15, 2001, and the new model quickly eclipsed its older sibling. By the end of the first year, Wikipedia contained more than 20,000 articles in 18 languages. Since then, the site has grown rapidly, swelling to 250,000 articles by 2004 and a million by 2006. (See the 50 best inventions...
...holy grail of financial and personal success. "In the early nineties, a guy who earned $100 in India would go abroad and make ten to twenty times that amount of money," says Murugavel Janakiraman, founder and CEO of Bharatmatrimony.com, a matrimonial website with a subscriber base of 15 million. "The demand for [ NRI men] was at its peak during that time...
...least 27 years, not since I had traveled to the sacred Madhu Shrine in northern Sri Lanka in August 1982 when I was a child and on pilgrimage with my family: "Aandavane" ("Oh, Holy Lord" in Tamil), "Aandavane." The words spread through the church compound where half a million others had made the same journey to see Madhu Matha, the Mother of Madhu, in her sacred precincts...