Word: ziff
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...gets to sponsor or manage a government-backed or -bankrolled investment fund? People who have the proper political ties or who are major campaign contributors or both. Like the billionaire Ziff brothers, whose fortune came largely from the 1994 sale of the family publishing business built by their father. Since 1996, Ziff Bros. Investments has overseen a $150 million OPIC-guaranteed fund, the South Asia Capital Fund, whose purpose is to make equity investments in India, Indonesia, Laos, Bangladesh, Sri Lanka, Thailand and the Philippines...
...real kingmaker when it comes to anointing web frontrunners. The investment raises Softbank's stake to 27% of E*Trade, and matches the company's large ownership interest in other web winners like Yahoo (31%) and Geocities (35%). Softbank also owns more than 70% of electronics publishing giant Ziff-Davis...
Athletics on campus received a boost to their resources when Robert D. Ziff '88 honored the hockey team with a $2 million gift, endowing the position of the team's coach. And exercise buffs found a newly-stocked Malkin Athletic Center (MAC) beckoning in September, sporting 40 new pieces of cardiovascular equipment thanks to an anonymous donation of an undisclosed amount...
...life of an expatriate multinational employee was frustrating for Yan: China's economic prospects were growing so scintillating. He got in touch with a friend who was managing money for the Ziff publishing family and another who knew Texas-based investor Richard Rainwater. With these contacts, Yan attracted $52.5 million for a venture-capital fund targeting new businesses in China...
When it comes to performance, I'll be honest. I didn't believe the hyperbole I heard from the program's designers. But the industry buzz has been strong, with glowing mentions in Wired and other press sources. What hooked me, though, was the comment of Ziff-Davis's Jim Seymour, who claimed with astonishment that Opera could read 95 percent of all HTML pages more than twice as fast as Netscape or IE on any speed connection...