Word: took
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Dates: during 1990-1999
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...payments that arrived with Omidyar's daily mail were small--in some cases dimes and nickels taped to index cards. But those little payments were coming in piles. eBay took in $1,000 the first month, more than it cost to run. Omidyar really knew he was onto something when he put up a listing for a broken $30 laser pointer that he was about to throw out. He fully disclosed that it didn't work--even with new batteries--and started it at $1. Inexplicably, a bidding war ensued, and someone ended up taking it off his hands...
...imposing discipline fast. She whipped the finances and infrastructure into shape and got the company ready to go public. Within months of her arrival in early 1998, she was leading an eBay team on a road show to win over investors. On Sept. 24, 1998, the initial public offering took place, with shares offered at $18; by the end of the day the price had bounded up more than 160%, to $47. Omidyar, Skoll, Whitman and the rest of the eBay staff were suddenly rich. Back at the office, conga lines snaked through the hallways...
This long national nightmare of grocery guilt seems to be ending. Molloy thinks we will see a coast-to-coast Web-grocer conglomerate within four years, though he hesitates to say if it's going to be his company, which took a $9.4 million loss last quarter...
...presumably waiting for a bus. We rolled down the window, smiled sheepishly and directed our confusion to one of the men (tall, black, in a shiny Adidas jersey). With a swift sort of purpose, he nodded and stepped forward from the island and toward us, in a gesture we took as exceptionally friendly and helpful, getting so close to better relate the coordinates...
When the stock market-obsessed U.S. deems a profession to be too menial for its best and brightest, it imports drudge workers from abroad. At some point, teaching - once seen as noble - took on the status of low-end work, both in salary and prestige. So this week Chicago received federal clearance to become the second major city in recent years to import talent from abroad. The Windy City finds itself unable to fill at least 400 teaching vacancies each year, and it's not alone - earlier this year the Department of Labor declared a critical national labor shortage...