Word: rand
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...steel fortunes of families such as Rockefeller, Whitney and Phipps provided the bulk of the money for the venture capital market until the early 1960s. The Phipps family's fund, Bessemer Venture Partners, was an early investor in International Paper and Ingersoll-Rand. Laurance Rockefeller in 1938 helped start both Eastern Air Lines and Douglas Aircraft. When younger members of the Rockefeller family decided that they wanted a part of the action, a broader risk fund called Venrock was created in 1969. It has since made lucrative investments in both Intel, a successful semiconductor manufacturer, and Apple Computer...
...Meet Your Lover." Those interested in other figures can learn how to incorporate their own businesses, make investments under $2,000 and even read the financial page of a newspaper. People who want to see the world on $15 a day are counseled by Travel Writer Arthur Frommer. John Rand, vice president of the advertising firm Ogilvy & Mather, teaches a class in writing ad copy...
...asking to teach; he accepts only 10% to 15% of the applicants. Teachers earn an average of $30 to $40 an hour, and can make as much as $12,000 a year teaching one course a week. But for many the rewards are more than monetary. Says Rand: "Anyone who works hard all day and enrolls in this kind of course is not your usual student. The caliber is fascinating...
...fact, some students of Saudi policy wonder whether the government's motives are really all that altruistic. Saudi Arabia has in the past urged the IMF to grant observer status to the Palestine Liberation Organization, and critics of Saudi foreign policy like Middle East Scholar Rand Fishbein, of Johns Hopkins University, now fear that the Saudis will use their new clout within the fund to force IMF cooperation on the P.L.O. question...
With her usual authoritarian sweep, Author Ayn Rand strikes a basic blow for her consistent dogma of individualism. Though she is more a cult figure than a popular philosopher, her words mirror an attitude that is becoming more and more common in the U.S., particularly among public figures. Indeed, an increasing number of Americans seem to have concluded that the right to ego implies the duty to exercise it publicly. The result is something of a rout for the time-honored American taboo against tooting one's own horn. Today it is commonplace for Americans to come right...