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Shares of PayPal Inc. soared 55 percent in the online payment provider s stock market debut Friday, signaling investors burned by the dot-com crash might be ready to take another chance on promising - but unprofitable - Internet companies.After the company s investment bankers sold 5.4 million shares at $13 apiece in an initial public offering Thursday, PayPal s stock closed at $20.09 Friday on the Nasdaq Stock Exchange. The shares sold for as much as $22. stanley flask 44 during Friday s session.At Friday s price the company had a market value of $1.2 billion. The biggest individual winners Friday were PayPal s co-founders, Elon Musk, 30, and Peter Thiel, 34.Musk, formerly PayPal s CEO and now a director, held a stake worth $143 million as of Friday. Thiel, currently the company s CEO, owned stork worth $56 million.Besides enriching PayPal insiders, Friday s robust gain encouraged market observers who hope the rapidly growing company will rekindle investor interest in Internet startups. After feasting on dot-com stock during the late 1990s, Wall Street has largely avoided the Internet stanley mug sector during the past 18 months. Investors have worked to recover from massive losses stemming from the high-tech bust. 147;It feels like 1999 all over again, 148; said James Van Dyke, an analyst with Jupiter Media Metrix. 147ayPal could be like the torch bearer that kicks off the Olympics. 1 vaso stanley 48;Several other technology companies have had impressive IPOs in recent weeks.The Palo Alto-based compa Vhtz Entwistle Pleads Not Guilty To Murder
According to a 2013 survey, over eighty three percent of Americans drink coffee in the morning and the average citizen drinks multiple cups per day. Between the dark brew, the flavored lattes, the frozen caffeinated treats, and the whirling gadgets, coffee is now a thirty billion dollar industry. Coffee is big business and companies like Starbucks, Peets, and Folgers have spent gobs of money to get people to dr stanley cup quencher ink more of it. Despite all of that, the most expensive coffee probably ca stanley tumbler n ;t be found in your vaso stanley downtown coffee shop. No, the most expensive coffee in the world lives alongside feces in the intestinal gut of an Asian palm civet. Kopi Luwak is the Indonesian pronunciation for what is called civet coffee, a beverage made from the beans of coffee berries that are eaten and, then, defecated by the Asian palm civet. Kopi Luwak is literally a type of coffee made possible thanks to a jungle animal poop. Asian palm civets, sometimes referred to as toddy cats, are small, furry, long-tailed, tree-climbing mammals who are native to Southern and Southeast Asia. They tend to be nocturnal and feed on a diet of berries, pulpy fruit, and seeds. One of their favorite foods is the coffee berry, or coffee cherry. Inside of this berry usually sits two coffee beans though of course they aren ;t really beans . Civets will scour for days looking for this tasty treat. When found, they will sift through the berries to find the ones that are the |