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From the beginning of that business, Jeff Bezos actually trained Wall Street to allow Amazon to lose money, because they were often losing money every quarter or maybe break even at best. And his whole thing was look, we need to spend money to make money. We need to get as many people using our site as possible. And that habituates them into making us part of their everyday lives. And clearly that theory was right. So investors have been used to this type of business model for a long time. And they were happy to pour money into Uber from the very beginning. And they did, in a really huge way, to the tune of billions. Uber has raised more than $1 billion from institutional backers, which, of course, does include Goldman Sachs and several venture capital firms. According to The New York Times, Saudi Arabias public investment fund has infused $3. 5 billion in San Francisco based Uber.
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While voter turnout dropped 1% for the state as a whole, it increased more than 4% in that district, where volunteers canvassed 980 homes, sent 1,000 e mails and registered 621 new voters. Still, I wanted to see them in action before I would believe that going up to a random person's door and asking them to vote would work. Can you imagine if someone knocked on your door, unannounced, and told you it was important to them that you voted?The pitchmen took her and other surfers out to lunch; they wanted that community's buy in. They showed her blueprints for new showers and picnic tables that would benefit the surfers. At first, the proposed development at Honolua Bay the pristine, world renowned surf spot near Cochran's home on Maui seemed benign enough. But after doing some research, Cochran and other surfers discovered further plans, not just for showers and tables, she said, but for a golf course and gated community.
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