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Many gamblers are prepared to lose an initial stake.
Hillary made that sum of nearly a hundred thousand dollars from an initial stake of a thousand dollars.
Lufthansa paid 223 million, including an initial stake purchased from B.M.I.'s founder, Michael Bishop, in 1999.
These types of communities are currently relatively rare, especially for distributed populations who do share an initial stake in its goals.
Mr. Thain, a former president of Goldman Sachs, presided over that firm's many investments in electronic trading platforms, including an initial stake in Archipelago.
Instead of reservations, natives set up regional corporations — everyone a shareholder with an initial stake of land and money in what Hensley calls "the most sweeping and fairest Native American land settlement".
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It cites evidence from elsewhere to suggest an ideal initial stake is around 3-53-5%
[Update: As my colleague Ryan Mac reports, the sale price was indeed around $500 million, meaning Gore's stake of 20% (not 25%) was worth $100 million.] (The IPO was aborted in 2009). Gore's partner, Current vice chairman Joel Hyatt, held a similar initial stake, although it's likely both men's holdings have been diluted somewhat since then.
Mr. Kerkorian paid an average of $6.90 a share for his initial stake of 100 million shares.
The Wall Street firm paid $5 a share for its initial stake in the 1988 buyout, and as much as $6.25 a share in a recent cash infusion earlier this year.
ITV has taken an initial 80% stake in Leftfield for $360m£212m2m), with options to increase its stake in three years and five years to take full control.
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