"The faculty don't necessarily understand how venture capital works, and the venture capitalists say, 'We're not ATM machines, '" says Holly, 43, an MIT-trained engineer who helped build two technology companies in the 1990s before returning to academia as a champion of commercialization.
One delegate, for example, told the conference of a wetland south of Kampala, Uganda's capital, that works as the city's sewerage system.
One of them plays the trumpet at a top-tier art troupe in the capital, and the other works at a granite quarry.
Assume stocks return 7% a year, dividends continue to be taxed at 15% and the effective tax rate on accruing capital gains in a taxable account works out to 7.5%.
Daily works on the Natural Capital Project, a joint venture of Stanford, the University of Minnesota, the World Wildlife Fund and the Nature Conservancy to develop standard tools for the measurement of natural capital.
It never works because people, investment capital and businesses are mobile: They can leave tax-unfriendly states and move to tax-friendly states.
This works well as long as capital markets are liquid, but not when the credit tap is turned off, as happened in 1998 after Russia's sovereign-debt default.
This publication is scarcely more lucrative than the first but gives him a certain visibility among the social elite in the financial capital, where he now lives and works.
Watermark also works with a company called Intrabond Capital, which has a highly respected board assessment tool.
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According to Paulson, if Beijing works to establish competitive and efficient capital markets, this will then lay the groundwork for a currency that is in fact market determined.
His defeated opponent, Paulo Maluf, a former governor of the state and twice mayor of its capital city, has built his career on spendthrift public works, and had promised to use tax breaks to stop firms leaving the state.
From 1977 to 1995, Mr. Itta worked for the North Slope Borough, ultimately serving in a number of leadership positions including Chief Administrative Officer, Public Works Director, Planning Director, and Director of Capital Improvement Program Management.
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Fossil fuel activities are done on such a mega-scale with such enormous capital investments that people under 30 can barely appreciate how the enterprise works, let alone make an impact on it.
Critics will complain that QE works by puffing up asset prices and distorting the market for private capital.
Now a Norwegian charity is running a pilot project to install 50 solar-powered street lights in the capital, while other donors are watching from a distance to see if that works.
For the unenlightened, it works like this: Banks take in deposits and borrow in the capital markets, usually by issuing commercial paper, notes and bonds to raise more money which they lend out.
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The developers built their own cement works and laid 124 miles of pipe to carry water from the coastal capital to the remote resort.
Note that this break works best if your main (or only) source of income is from capital gains.
While this is unquestionably classic Keynesianism: loose money plus (largely deficit financed) public works spending, it must be said that Japan does need to begin replacing its ageing capital stock.
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