Word: stakes
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Dates: during 2000-2009
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...first blush, it may seem like Microsoft got the short end of the deal when it paid $240 million on Wednesday for a puny 1.6% stake in the social-networking site Facebook. While Facebook is probably the most talked about destination on the Web today, the company will be lucky to clear $30 million in profit (on an estimated $140 million in revenues) this year. So what exactly was Microsoft buying, other than a lot of hope and, quite possibly, a lot of hype...
...replaced by a new system designed from the ground up.We hope that the defining feature of this new system is that it would be mandatory only for students who fail to demonstrate basic competency on a beefed-up writing placement test given during freshman week. Most students who stake Expository Writing in the spring do just as well in writing-intensive classes before taking Expos as afterwards, and anecdotal evidence suggests that students get more out of writing in classes they enjoy and are passionate about than writing in Expos. Consequently, students who pass the writing test would be better...
...conceived more than three decades ago, the other three years ago—united yesterday in a deal that places a $15 billion value on an online experiment launched from a Kirkland dorm room. Microsoft announced yesterday it would invest $240 million for a 1.6 percent stake in Facebook, putting an end to a bidding war over a share in the popular social networking site. Mark E. Zuckerberg, formerly of the Class of 2006, founded Facebook in 2004 with $1,000 in start-up money and dropped out of Harvard his junior year to run the company full-time...
...Mossavar-Rahmani Center for Business and Government at the Kennedy School of Government (KSG), Cox said such corporations and wealth funds are growing relative to their private counterparts. He added that foreign governments pose the greatest risk, citing government-controlled firms in which private investors hold a minority stake. “When the government becomes both referee and player,” he said, “the game changes rather dramatically for all participants.” Sovereign wealth funds allow states to invest their savings in private markets. “Unchecked, this could be the ultimate...
...among students. Concerns about the UC party grant program had been raised by both House Masters and residential deans last spring. The deans and the UC Executive Board continued to work together in apparent good faith over the summer to make the necessary changes to appease all the major stake-holding parties...