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And with good reason; millions of entrepreneurs and businesspeople have embraced the idea that carving out a slice of an existing market can certainly be effective, but finding new opportunities — finding blue oceans — is even better, since those gains don't have to come at the expense of other businesses or other people.

After months of speculation Qantas has confirmed it has taken over regional airline Network Aviation to move into the fly - in - fly - out air charter market in a deal believed to be valued at more than $ 30 million.

In 1998, he spun ImmGenics Pharmaceuticals out of research at UBC and raised $ 20 million before the firm was acquired by Abgenix Inc., a collaborator out of California.

The company dished out another $ 7 million this year for cancer research at the University of Toronto Mississauga campus.

Much less sexy, but it turns out that's where our market is: millions of people who just want better information about their medications, at the right time.

At its annual Upfront presentation on Wednesday, Hulu said it had surpassed 20 million US subscribers, and the streaming service also dished out some oddly impressive data on the viewing habits of its subscribers.

At Thursday's auction of a 7.37 percent 2023 bond, the Reserve Bank of India was only able to sell about 430 million rupees out of the 30 billion on offer into the market, with the remainder having to be bought by primary dealers.

While some viewers called it «gross» and «vulgar,» the spot racked up some 20 million YouTube views by the end of last year, at one point yielding one share for every nine views — proof positive that schoolyard humor never goes out of style.

Startups have raised hundreds of millions of dollars to take a bite out of the alternative - protein market, which was valued at $ 4.2 billion in 2016 and is expected to grow 6.8 percent between 2017 and 2022, according to Research and Markets.

(Owners say that it costs around $ 1 million a year to maintain a pro team, most operate at a loss, and their primary source of revenue — sponsorships — can be fickle, especially when teams get relegated out of LoL's championship tier.)

Callaway Golf is engaged in a new promotion where if you go out and try out one of their Big Bertha clubs at a participating retailer, you have a chance to win Phil Mickelson's payday at Pinehurst, which could be as much as $ 1.5 million.

After dropping out of high school to pursue his passion for technology, he gained real - world experience as a lead engineer at photo - sharing startup Fotolog, which ad network Hi - Media purchased in 2007 for $ 100 million.

Miller Lite's sales topped out at 19 million barrels in 1990, bumped up and down for a couple of decades, and eventually went flatter than a warm IPA.

Alibaba would not break out dollar values but says that 33 % of its Singles Day shoppers, 30 million in all, made at least one purchase from international brands or merchants.

According to the article, the female chief executives at S&P 500 companies out - earned their male counterparts last year, with a median compensation package of $ 13.8 million.

Over 17 days, they tracked the activity of 3.9 million users and saw 71 percent of users type out at least one status or comment they decided not to submit.

To make sure employees are thinking about the long term when they refer prospects, Brett Brewster of Mitec Controls, a $ 5.5 - million fire - and life - safety company in Norcross, Ga., spreads the bonus payments out: the employee gets half at the referral's 90 - day mark and the rest when the referral has been working for six months.

His margin of victory in Michigan was even slimmer, at about 10,700 votes out of 4.8 million cast.

Millions of people draped in the rainbow hues of LGBT pride turned out for the annual parade through New York streets, two weeks after a deadly mass shooting at a Florida gay nightclub stirred fear and solidarity among lesbian, gay, bisexual and transgender Americans.

• Aileron Therapeutics, a cancer treatment biotech based out of Cambridge, Mass., said it plans to offer 3.75 million shares between $ 15 to $ 17, raising about $ 60 million at the offering's midpoint — about $ 25 million of which will be bought by insiders.

Success: She's still out $ 20,000 in savings, but by the end of 2012 the website had nearly 2 million users in more than 160 countries, increasing at a rate of 30 percent every month.

The piece was only supposed to sell for $ 400,000, but was bought by a commodities trader based out of Texas for a grand $ 1.8 million at an auction in Beverly Hills, California in June.

Of the money transferred out of RCBC, about $ 29 million was wired by Philrem to Bloomberry Resorts and credited to Ding, mainly for gambling at the Solaire VIP room; $ 21 million was wired to Eastern Hawaii Leisure and used primarily in the VIP rooms of other casinoOf the money transferred out of RCBC, about $ 29 million was wired by Philrem to Bloomberry Resorts and credited to Ding, mainly for gambling at the Solaire VIP room; $ 21 million was wired to Eastern Hawaii Leisure and used primarily in the VIP rooms of other casinoof RCBC, about $ 29 million was wired by Philrem to Bloomberry Resorts and credited to Ding, mainly for gambling at the Solaire VIP room; $ 21 million was wired to Eastern Hawaii Leisure and used primarily in the VIP rooms of other casinoof other casinos.

And in March, Vancouver - based Hootsuite, one of only two Canadian companies to have been valued at $ 1 billion, was kicked out of the «unicorn club» when Fidelity Investments, which led its 2014 $ 60 - million funding round, wrote down its investment by 18 %.

Pindan has broken ground at TRG Properties» Marina Edge project in Port Coogee after being named the replacement builder for Diploma Group, which backed out of a $ 38 million development contract on Monday.

There are stories out there of entrepreneurs who built a business, sold it for millions, and retired at 30.

Pierlot wrote a paper for the CD Howe Institute in 2011 showing that a person with a salary of $ 75,000 at the end of a 35 - year career would accumulate more than $ 1.4 million in savings through a defined - benefit plan (wherein the pensioner is paid a set income based on past earnings and years of service, mostly confined to the public sector these days) compared to $ 674,711 for someone with no pension but a maxed - out Registered Retirement Savings Plan.

If those options were exercised and the stock was then sold at, say, $ 40, it would amount to a bonus of almost $ 330 million — the market price less the strike price, times the number of options granted — paid out to Siebel employees over the next nine years.

Operating expenses of EUR 173.2 million (Q1 2017: EUR 183.0 million) were EUR 9.8 million lower as reported and EUR 4.3 million higher at constant FX in Q1 2018 which included a restructuring provision of EUR 5.0 million as part of the roll - out of a company - wide optimisation programme.

Later, when you have hundreds of employees, and tens of millions of dollars in revenues, well, you sort of can swap people out, at some level.

Since then, the school has handed out more than $ 2 million at a clip of $ 600 per week (or less) to the fellows.

Herjavec, who has a net worth of $ 200 million, offered the following advice on Twitter: «One of the biggest mistakes entrepreneurs can make is giving out too much equity right at the start.»

Rounding out the weekend releases, Disney's «Zootopia» continues to be a hit, as it came in second with $ 23.1 million and is now at a total domestic of $ 240 million.

These override provisions were at the heart of the iPod tax dispute, where the Canadian government paid out $ 27 million to electronics importers for improperly collected tariffs.

One of the following discoveries turned out to be worth $ 70 million at auction.

Financial services jobs peaked out in late 2006 at about 8.4 million, according to the Bureau of Labor Statistics.

The Federal Communications Commission's Lifeline program paid at least $ 1.2 million to duplicate or deceased recipients and more than one - third of participants out of 3.5 million reviewed appeared not to be eligible, the Government Accountability Office said in a report released on Thursday.

Noting that the actual rebate should have been at least 10 percentage points higher, Wyden and Pallone said, «Today's letter is more evidence that while Mylan irresponsibly raised the price of EpiPen, they were also bilking taxpayers out of millions of dollars.»

And to create an app that solves the problem of running out of milk, selling it for tens of millions and then appearing at tech conferences for the rest of your life is the Holy Grail.

Sure, interest rates are low, but even at 2.5 %, the owner of a $ 1 - million house will end up forking out $ 344,000 in interest over 25 years.

The devices, which at first gave Barnes & Noble a horse in the e-book race, have turned out to be an albatross for the company, with losses of almost $ 70 million in the first nine months of the fiscal year, on sales of only $ 211 million.

«We've got the guys out there kicking butt right now,» says Al Johnson of his eight - member work team at Davidson Plyforms, a $ 20 - million plywood manufacturer in Grand Rapids.

Another interesting nugget: At the time, Facebook had a 1.9 million monthly userbase (out of which an impressive 1.2 million logged on every day, proving that even in its infancy, Facebook was potently addictive) that primarily used the network to do things like «find students who share similar interests or courses.»

At Harvard, which now pays out $ 36 million in scholarship money annually, the average MBA debt was $ 79,667 for the Class of 2015, with 55 % of the graduates shouldering debt.

Sara Elford, an analyst at Canaccord Genuity, points out that Frontline generated $ 27 million in revenue in 2012 and has a normalized EBITDA of $ 4.8 million.

Government figures cited by the Associated Press indicate that just 1.7 million people — out of a total non-farm labor force of some 136 million workers — earned the minimum wage or less in 2006; still the increase was a big political victory for the Democrats, one that came at the expense of lobbyists from the National Federation of Independent Businesses and the Chamber of Commerce, among others.

The city also has a fairly large high - growth company density at 191.4 — that's the number of companies out of 100,000 with annual revenues more than $ 2 million (and growing by 20 percent over a three - year period).

As a reporter at CNBC Make It, I've covered some of the most incredible — including a 28 - year - old whose company has made millions buying things at Walmart and reselling them on Amazon and an entrepreneur who started selling board games out of his living room.