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Kleiner Perkins paid $5 million in 1994 for around 25% of Netscape and profited from Netscape's IPO. Its investment of $8 million in Cerent was worth around $2 billion when the optical equipment maker was sold to Cisco Systems for $6.9 billion in August 1999. In 1999, Kleiner Perkins paid $12 million for a stake in Google.
In July 2009, Ferguson led Late Night in total viewers by a 25% margin. On September 22, 2009, the night Ferguson followed the Letterman interview of President Obama, his audience reached 3.24 million, the show's biggest ever; Ferguson attracted two million viewers more than Jimmy Fallon and almost a million more than Conan O'Brien attracted an ...
A mortgage point could cost 1% of your mortgage amount, which means about $5,000 on a $500,000 home loan, with each point lowering your interest rate by about 0.25%, depending on your lender and loan.
In 1629, Isaac Beeckman proposed an experiment in which a person observes the flash of a cannon reflecting off a mirror about one mile (1.6 km) away. In 1638, Galileo Galilei proposed an experiment, with an apparent claim to having performed it some years earlier, to measure the speed of light by observing the delay between uncovering a lantern ...
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
The new rules raise the import tariff on Chinese EVs to 100% from 25%, meaning a Chinese-made EV with a base price of $12,000 would now cost $24,000, up from $15,000 previously.