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The euphoria of South Africa's 2016 municipal elections is at its peak, with political parties parading their manifestos, all in competition for a stake in the local sphere of government.
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In a matter of months navigation on the mobile platform has become a commodity, table stakes in competitions for a global audience of hyper-connected nomads.
Ms. Furse, who was hailed early in her tenure for fending off a series of takeover approaches from rival exchanges, lost out to NYSE Euronext in June in a bidding competition for a 25percentt stake in the Qatar securities market.
The investment firm beat Mahindra & Mahindra, an Indian automaker, in a competition for the stake.
However, the closest thing we have to that concept – a startup competition where the prize is a cash injection to get the product built in exchange for a stake – is Seedcamp.
will pump $40 billion in, in exchange for a stake.
And a stake in the Public, he urged, "is just a metaphor for a stake in New York City, and a stake in America, and a stake in democracy".
Branson swapped his 72% stake in Virgin Mobile for a 14% stake in Virgin Media.
Intel kicked in $1.6 million for a 5% stake in Immersion.
Hoag put in $35 million for a 32% stake.
For Deutsche Bank, a stake in Sal.
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