Word: moneyitis
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Schmidt, 58, says he wishes he had been quicker to realize the online appeal of his cat - who, incidentally, died in 1991 - as people snapped up domain names like KeyboardCat.com and PlayHimOffKeyboardCat.com So how did he finally make bank? Part of the money comes from a mobile-phone application, T-shirt designs and licensing agreements; he just inked a deal to let a group in Sweden remix Fatso's signature ditty. But the bulk of the money comes from YouTube. In July, Schmidt snagged an invite to the YouTube partner program, which overlays hit videos with related ads and gives...
...that someone had to develop a new bush utility plane, since refurbishing engines of old models like the Beaver was no longer cost-efficient. So he partnered with Hamilton and began tapping on the doors of nontraditional investors: missionary-aviation organizations. His hope was that they would provide seed money in exchange for Kodiaks at cost...
...completely novel idea born out of the fact that I didn't want to raise venture capital and lose equity control of the company, nor did I want to have to pay back high-interest loans and executive salaries," Voetmann says. "Honestly, our aim was not to make money but to find a way to help others," says Hamilton...
What a crazy idea; he might make money anyway. There is a real need for a bush turboprop to be built with the latest aerodynamic and engine technologies. Organizations serving populations in crisis in developing countries need a plane that can operate safely on short dirt airstrips. The Kodiak, with its small wingspan of 45 ft. (15 m), advanced flap technology and high power-to-weight ratio, can land and take off in less than 700 ft. (210 m) and climb at a rapid 1,700 ft. per min. (520 m per min.). The Kodiak can be retrofitted for other...
...adherence to stringent technical, legal and ethical standards. Ignoring the rules can result in losing one's job. Why? Because if these things are constructed poorly, people will get hurt. Since Wall Street is in the business of "engineering" markets in order to make the greatest possible amount of money, why shouldn't they also be licensed and held to similar standards...