He went on to work for Senators Edward Kennedy (Massachusetts) and Birch Bayh (Indiana) while majoring in government at Georgetown University, becoming the first member of his family to finish college when he graduated summa cum laude in 1983. At one point, I created too much here, Mr. Kalin said, noting his habit of stretching himself too thin. We strive for accuracy and fairness.If you see something that doesn't look right,contact us! He has also served on the boards of the American Progress Action Fund, the American Constitution Society and Third Way, and as an adjunct professor at Harvard Law and Georgetown. Papa Johns has long been a supporter and sponsor of the NFL. sewing website in the same building as the Etsy office. In recent years, the handmade and vintage goods marketplace has made things easy for both buyers and sellers by helping them connect directly through the frequent addition of new tools that improve the functionality of the site. It was probed by regulators in both Washington and California. Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. It was settled out of court for an undisclosed sum. In 2010, Dorsey launched a whisper campaign with Twitter board members in an attempt to remove the firms CEO Evan Williams. However, Zenefits came under investigation when it was alleged that Conrad had created software that allowed brokers to cheat on the licensing process. His success was such that the president announced the withdrawal of nearly all of the 3,000 troops deployed to West Africa in February 2015, around the time Klain stepped down from the position. The founders subsequently created new tools that enabled the sellers to gain exposure. In a morbidly ironic twist, 62-year-old millionaire and Segway Inc. owner, Jimi Heselden, died in a Segway-related accident in 2010 when he accidentally drove the electric scooter off a cliff and into a river. Not the least of it is thanks to Rob and Trevor and company, who have opened their hearts and space to us.. Zenefits is a cloud-based services software company that was formed in 2013 by Parker Conrad in San Francisco. Celebrity Net Worth shows that he had listed the land in 2015 for around $39 million but currently owns it at this time. What does it mean to be a hand artisan, and how does one make a living? Mr. Babb and Mr. Kalin are kindred spirits. Twenty-nine year old Swedish entrepreneur Daniel Ek founded the popular music streaming service, Spotify, in 2008. Ferdowsi and partner Drew Houston began Dropbox as a simple college project, which they later realized had big potential. CATSKILL, N.Y. Rob Kalin made the bed he sleeps on, the cob oven for the bread he bakes with near religious fervor, the progressive preschool his twin daughters, Zia and Kora, attend on the onetime dairy farm he bought three years ago and his own underwear. left his Stanford University PhD program to create Yahoo!. Over the years, Etsy has brought in revenue from collecting a 3.5 percent sales fee from the sellers in addition to the payment of 20 cent listing fee per item. According to Celebrity Net Worth,James Hetfield is currently worth$300 million, which is $50 million short of drummer Lars Ulrich. He became associate counsel to President Clinton, where he was tasked with judicial selections like the nomination of Ruth Bader Ginsburg to the Supreme Court, and then chief of staff to Attorney General Janet Reno. Together with his brother Charles, Maurice Saatchi co-founded advertising agency Saatchi & Saatchi in 1970. The attempt was successful and saw Dorsey reinstated as CEO in 2015. Discovering that the companys expenses were growing faster than revenues, he called for measures to be taken to increase sales growth. Next:Everything We Know About Jada Pinkett Smiths Band, Wicked Wisdom. It wasn't his first brush with club membership, either. He left home to work in a photo shop because he wanted to be a photographer. Etsys market value in 2020 was $14.7 billion. List View Gallery View Full screen . As the chief executive officer, Robert Kalin grew the company to the best of his ability by providing socially responsible business practices coupled with an enthusiastic workforce to foster a sensitive community. So, whos the richest member of Metallica? He was forced to step down as chairman in 2012 and then resigned as CEO in 2013 as allegations of questionable business practices and self-serving were raised. Success! They ran the truck for two seasons, a humbling experience, Mr. Kalin said, recalling mishaps like the night the truck broke down minutes before a benefit. Mr. Whether he and they can make a living doing so, and at the same time raise the fortunes of their adopted town, is still being debated, he said. The company is rumored to be worth $4 billion, with Ek's net worth being estimated at $310 million. As a youth, he enrolled in the Olin Business School at Washington University in St. Louis in 1940, but left to join the U.S. Navy. Robert maintains relationships with many people -- family, friends, associates, & neighbors -- including Layla Kalin, Janet Kalin, Mark Kalin, Steven Taylor and Stefan Kalin. Additionally, he was named president of Case's holding company in 2011. The most recent stock trade was executed by Josh Silverman on 26 April 2023, trading 20,850 units of ETSY stock currently worth $221,427. More so, Etsy raised $27 million in venture funding that same year. All during this time, Mr. Kalin, Mr. Babb and others were working to clean and stabilize the mill areas. GitHub was formed in 2008 in San Francisco by Tom Preston-Werner, Chris Wanstrath, Scott Chacon, and P J Hyett. He, afterward, diverted to woodworking. Robert's annual salary is between $60 - 69,999; properties and other assets push Robert's net worth over $10,000 - $24,999. On a recent afternoon, Mr. Kalin had made enough bread to send a few loaves home with a photographer and a reporter, who were eating handfuls of it and standing around an elegant butternut dining table and benches. There was a time,before Apple entered the fray, when a Blackberry phone was the most desirable in the marketplace, sported by celebrities and a fashion accessory for many. The most active insiders traders include James Breyer, Frederick R Wilson, and Ventures Growth I (Jersey) . He died in a car crash in 2016, a day after he was charged with conspiring to rig bids for oil and gas leases. This town of just under 12,000 has welcomed Mr. Kalin and his collaborators, said Kay Stamer, the executive director and founder of the Greene County Council on the Arts. Soon after, the company established itself as the place to make, sell, and purchase unique items such as art, jewelry, and art supplies, among other things. They both require risk taking and doing things differently., Five years ago, Mr. Kalin said, he could have talked about being sacked for days. Now, Im just really grateful for my experiences with Etsy, and Im so glad Im not the C.E.O. The music industry is an amazing way for artists to express themselves while also gaining a global following. Estimated as having a net worth of $400 million, 26-year old Ferdowsi is the CTO and co-founder of Dropbox. As the chief executive officer, Robert Kalin grew the company to the best of his ability by providing socially responsible business practices coupled with an enthusiastic workforce to foster a sensitive community. Try as they may, they can't have Papa Johns without Papa John.". Mr. Kalin remains mischievously closemouthed. Scallon earned most of his wealth from his extensive music career, which includes a Youtube channel that has over 2.39 million subscribers, alongside his collaborations with notable names in the music scene, Youtube scene, and musical instrument construction scene has led to Scallon having multiple different sources . Unlike drummerLars Ulrich, James has not made millions of dollars off of selling art, which is certainly a cause for some of the gap in their net worth. At its IPO in 2007, the company raised $327.6 million by selling 18.2 million shares, then in 2013 it appeared on Fortune's Fastest-Growing Companies list for the third year in a row. While Qatar has reportedly spent $200 billion or more, most nations are now unwilling to spend a fraction of that on money-losing mega-events like the World Cup or the Olympics. When Jerry Yang co-founded Yahoo back in 1995with David Filo, they changed the face of internet search engines forever. He lived in an artist's squat with an uncle in Boston. Thus, Etsy garnered almost 450,000 registered sellers in the year2007. The company's CTO, Chad Dickerson,. Robert Kalin is the Co-Founder at Etsy. Our company was founded in 2005 and is headquartered in Brooklyn, New York. But it was hard to make money, Mr. Babb said. It currently operates in over 5,000 locations across the world and is a household name. In the cathedral-like Dutch barn he is restoring, he hoped to put an elementary school, but adhering to building codes would have meant destroying the character of the old timber framing, so he is searching for other options. His parents were divorcing, and he was bullied in school. Kalin (pictured) left in 2008, and Chad Dickerson from Yahoo took his place. Robert is now married. Ultimately, Sculley failed in his attempts to make Apple successful, Jobs was later rehired, and the rest is history. Since 2008, Statcounter has accounted for over 2 million users and 15 billion page. This followed years of growing expenses which led to the company posting a net loss of $2.5 million in the third quarter of 2016 even though it generated $88 million in revenue. The company raised $237 million in proceeds and had a market value of over $3.5 billion at the time. Im lucky enough to write about film and television for a living, with some fun trivia sprinkled in, too. in 1987. (By the time he left Etsy in 2011, it was a venture capital darling with revenues over $40 million.) Read on for the stories of companies who got tough with the people who started them. Robert Kalin, Etsy Inc: Profile and Biography - Bloomberg Markets Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers. Yang moved from Taipei, Taiwan at the age of ten to San Jose, California with his mother and brother. They have three children: Hannah, Michael and Daniel. Founded in the year 2005, Etsy is an e-commerce website that grew popular with artisans and crafters in its early days. Papa Johns is the fourth largest pizza franchise in America. Sign up in seconds, it's free! Wynn Resorts was investigated and fined, as regulators decided that the company had turned a blind eye to the claims. Markets never sleep, and neither does Bloomberg News. Rob Kalin, its on-again, off-again founder, insists on Etsy's antiquated values. Afterward, investors such as Black and White Capital complained about Etsy being insufficiently focused on sales growth which can lead to a takeover. He was then forced to resign as chairman too following reports he'd used a racial slur on a conference call. What a mouthful, right? In response, Steve who has always denied the allegations resigned and was swiftly replaced as CEO by Matt Maddox. Later in 2014, Etsy recruited a former Pandora executive, Mike Grishaver, who helped developed the mobile user experience of the music streaming service. Robert's reported annual income is about $100 - 149,999; with a net worth that tops $250,000 - $499,999. Married couple Steve and Elaine Wynn founded Wynn Resorts in 2002. He envisioned a community marketplace in which artisans could sell their wares and people could purchase handcrafted items online directly. Under the leadership of Chad Dickerson as the chief executive officer, Etsy made some progress before slumping into a period of having a net loss due to growing expenses that surpassed revenue. It also had 1.4 million active sellers and almost 20 million buyers with the total number of registered members growing to 54 million. 31 of Casimiro PT / Shutterstock.com. It was also ranked as the 8th fastest growing company in the world in 2020 as the company generated $877 million in revenue and a net income of $77 million. People who could live anywhere they want choose to live in Catskill, because its still under the radar. The most recent stock trade was executed by Rachana Kumar on 1 April 2023, trading 8,197 units of ETSY stock currently worth $862,898. Clever. 330 acres of what he had purchased was eventually donated by the singer. The relationship between Steve and Elaine turned sour twice (the couple divorced in 1986, remarried, and got divorce again in 2010) and the ownership of the family brand proved a sticking point during divorce proceedings. Lazaridis stepped down as Blackberrys co-CEO in 2012, following months of pressure from shareholders and a drop in its share price, as the firm was losing its smartphone market share to the likes of Apple and Samsung. his has a whopping net worth of $5 to $10 million. As a subscriber, you have 10 gift articles to give each month. His involvement with the company has gone through more than a couple tumultuous periods. Etsy co-founder Rob Kalin stepped down from the CEO position of his company in 2008 and then again in 2011. O.K., its a B&B, and oh, itll be like a showroom, too. In the next month, Etsys co-founders; Chris Maguire and Hiam Schoppik, left the company and cited that they felt they were in an abusive relationship. As a result, Etsy had 650,000 users and fifty employees by January 2008. In November 2021, Dorsey announced his resignation again, handing over the reigns to Twitter's chief technology office Parag Agrawal. Wait, it cant just be a retail setting, thats too tacky. Although its widely reported Jobs was sacked from Apple in 1985, the board of directors actually sided with Sculley and restricted Jobs duties, which led to him quitting Apple. Never having graduated college, he enrolled at the KTH Royal Institute of Technology but did not complete his degree. Etsy Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Rob Born net worth is $5 million dollars. The initial brains behind Tesla Motors in 2003 were engineers Martin Eberhard and Marc Tarpenning. Etsy co-founder Rob Kalin stepped down from the CEO position of his company in 2008 and then again in 2011. The World's 15 Youngest Billionaires 2023, The Top 10 Richest Women In The World 2023, Billionaires 2023: The Top 10 Richest People In The World, Forbes America's Top Colleges List 2022: Top 25 Highest Earnings, The Worlds 10 Highest-Paid Athletes 2022, Forbes America's Top Colleges List: Top 25 Success Factories, The Worlds Highest-Paid Soccer Players 2022. Not that he got up here much. Once the war ended, Taylor returned to St. Louis and started a delivery service company. Since Josh Silverman became the chief executive, Etsys stock has made significant growth and Silverman has sold over $13 million worth of shares. In June 2018, Microsoft announced it would be buying Github for a reported $7.5 billion (5.7bn). Mr. Kalin disappeared to find wrapping for the bread and was gone a bit longer than you would expect it to take to find a suitable container. Not anymore. On average, Etsy Inc executives and independent directors trade stock every 7 days with the average trade being worth of $4,382,495. The move backfired and eventually led to a dispute about the future direction of the company. Rob Kalin and Etsy. After a review by PwC, the board announced on 4 December 2019 that the total charges for the accounting errors would be 11.6 million ($15m). After grossing a net profit of $96 million in 2019 and revenue of $652 million, Etsy was ranked among the 100 fastest growing companies in the world in 2019, sitting at No. In the early days, Etsy sellers were mostly high profile feminine crafters and influential artists, craftspersons, and vintage collectors. Rob is a patron, in a sense. Lululemon was founded by Chip Wilson in Vancouver in 1998 and quickly became a cult yoga brand particularly popular with young women. The company filed its IPO in August, which led its financing to come under question and its CEO. But the company has staged a resurgence through its recent partnership with Saks Fifth Avenue, which will see WeWork operate co-working spaces in disused areas of Saks stores. She accumulated that from her involvement in It's Always Sunny in Philadelphia and The Mick as well as her minor roles in other television shows and films. Interestingly, these sellers brought in $26 million in annual sales that year as the company had its one-millionth sale in July 2007. Eventually, he graduated from N.Y.U.s Gallatin School of Individualized Studies with a concentration in classics. Patiently waiting for the X-Men to enter the MCU and help take down Galactus! Schnatter was quoted as saying: Leadership starts at the top, and this is an example of poor leadership. The instant backlash across social media caused the company's share price to drop 30% and forced Schnatter to resign from his post as CEO. With Robert Kalin, an amateur furniture maker, launching the website with his friends to sell his works online, Etsy attracted numerous craftspersons and craft enthusiasts. In the five years since Mr. Kalin was forced out of Etsy, the global online crafters marketplace he founded in 2005, which went public last year, he has been trying to make a life here that matches his values. Guitarist Kirk Hammett clocks in at the number three spot with $200 million to his name. The company grew in the subsequent years and turned profitable after series of changes in its management, as Kalin eventually stepped down from his chief executive role. However, this wasn't to last and even though he was extremely successful for more than two decades, shareholders turned on him and rejected his direction for the company. Mr. Kalin has had a foothold here since 2008, when he began renting a 1920s duck hunters camp on a finger of land overlooking the Hudson as a weekend place. Sign in or Sign up with Google Sign up with Facebook Wallmine is a radically better financial terminal. Few actually make it, but the ones that do unlock a lifestyle of fame and fortune while doing what they love most. But this is a challenge.. In 2017, Kalanick announced his resignation as Uber CEO. In 2013, Mr. Kalin bought a food truck and hired a chef to create a Vietnamese menu for it, as a way of sticking his toe into the waters of food service. The platform also gathered $603.7 million in revenue with a net profit of $41.25 million. Celebrity Net Worthshows that he had listed the land in 2015 for around $39 million but currently owns it at this time. When Papa John's rebranded as 'Papa Johns', without the possessive apostrophe in its name,in November 2021, Schnatter was none too pleased, saying: "Pap Johns should be obsessed with making quality pizza consistently and not obsessed with Papa John. But things weren't always so rosy. On average, Etsy Inc executives and independent directors trade stock every 7 days with the average trade being worth of $4,185,976. After the blows of the last recession, we are on the upswing again, she said. After hours of surfing the net, Kalin had an epiphany. In 2018, the Wall Street Journal reported that a number of women had accused the casino mogul of sexual misconduct, including a manicurist whom Steve is believed to have paid a $7.5 million (5.5m) settlement. An army of 800,000 crafters has made Etsy a hot start-up: profitable, well capitalized, growing. In 1983, Jobs hired the former PepsiCo head-honcho John Sculley as CEO. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. Before and after his time with the Gore campaign team, Klain served as a partner at the Washington, D.C., office of O'Melveny & Myers LLP, where he lobbied for major clients like lender Sallie Mae and pharmaceutical company ImClone. When Rob found out, he was just setting up the mill and said, Lets invite Kurt. I had $200 when I came in. In the year 2018, Etsy connected 39.4 million buyers to 2.1 million sellers and it had a gross merchandise sales of $3.93 billion. Wendy Williams Might Be Working On A Comeback, But Is She Ready? Sign up in seconds, it's free! After hours of surfing the net, Kalin had an epiphany . announced it was to acquire Tumblr for $1.1 billion, with Karp remaining as CEO of the company. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. In 2014, he bought another property, a ravishing but derelict 1812 brick townhouse thats nestled behind Main Street and across from the warehouse on the creek. Wordpress gets 140 million visits a year, and all of Automattic's sites are visited by nearly half a billion visitors. Rob Kalin, Founder Etsy- A unique e-Commerce store which sells and supplies handmade, vintage and unique factory manufactured items under the brand name Etsy's. Etsy Net Worth: US $13.9 Million Net Worth Sells Rob Founder Ecommerce Brand Names Entrepreneur Product Launch Success More information. Iconic Rock Stars Send Outpouring Love To Val Halens Son, Wolfgang, 5 Most Short-Lived Bands (& 5 That Lasted The Longest), Slashs Son And Other Rockstar Children Have Formed The Band Suspect208, Everything We Know About Jada Pinkett Smiths Band, Wicked Wisdom. Do you have to be selfish to be a striker? Klain served as Vice President Gore's chief of staff for nearly four years, until announcing his departure in August 1999. Inventor of the Segway, Dean Kamen attended Worcester Polytechnic Institute for two years before dropping out. We made amazing food and fed a lot of people we cared about, but even in its best month, it lost about two grand, he said. I got off the ride not when I thought I would, but I take a very karmic view of things. Sorry, something went wrong. In 2012, Etsy raised a total funding of $40 million during the Series F funding round that was led by Index Ventures with Accel Partners and Union Square Ventures also participating. By 2012, Twitter had become an online institutionwith more than 100 million daily users and over 340 million tweets per day. Although the reasons were kept under wraps for a while, rumours surfaced that the board was unhappy with Zimmers desire to take the company private and because he was against their plans to push its K&G Stores. ), as well as for the useful and the beautiful, like handmade clothing, ceramics and furniture. Looks like that email address is already registered. If youre watching it, Im writing about it, and having a great time doing so. Robert Kalin is the Co-Founder at Etsy Inc. Mr Kalin is 41, he's been the Co-Founder of Etsy Inc since . evangelist he was 11 years ago when he and two friends, Chris Maguire and Haim Schoppik, created their handmade community in his Brooklyn apartment.. In Brooklyn, he was sleeping on the floor of the unheated warehouse that was Etsys office. We need to pay everyone a living wage, and we need to keep the prices low so everyone in Catskill can afford it. Over the last 8 years, insiders at Etsy Inc have traded over $264,730,294 worth of Etsy Inc stock and bought 64,000 units worth $1,002,880 But it ended up looking like a shift dress. (Photos he sent prove otherwise: In purple knee socks and scuffed leather boots with straps and buckles, he looked rather like an extra from Ben-Hur.). Luckin Coffee was founded in 2017 by Jenny Qian Zhiya and Charles Zhengyao Lu and grew rapidly, raising $200 million (154m) in Series A financing in July 2018 and becoming the second biggest coffee chain in China by October that year. I guarantee it." Who would make them, and how local is local? Things You Probably Didnt Know About Hillary Clinton, Shane Deary Inside The Life And Family Of Keri Russells Ex-Husband. This is a staggering amount of money for someone to flip some art for, and this was a nice chunk of change that helped put Lars ahead of the rest of his band members. If the universe gives you a hint and you dont listen, it gives you a kick.. Will Smith's Son Jaden Has Made And Lost A Number Of A-List Friends Over The Years, Here's Who He's Actually Close With. While generally successful at fending off the damages of the Great Recession, the massive stimulus program also suffered from poor optics, including the underwhelming "Recovery Summer" of 2010 and the government's investment in the failed solar power manufacturer Solyndra. Our primary marketplace, Etsy.com, is the global destination for unique and creative goods. A friend said, When the phone rings, you always answer it. But if you aim too high and try to come in a little bit lower, youre still way up in the clouds., https://www.nytimes.com/2016/05/05/style/etsy-rob-kalin.html. Zenefits still exists, with a new CEO, but its valuation dropped from $4.5 billion (3.4bn) to $2 billion (1.5bn) in 2016. Former substitute teacher George Zimmer founded Mens Wearhouse in Texas in 1973 and rose to prominence with successful ad campaigns and slogans such as "You're going to like the way you look. Gee, I plumb forgot, he said. During this time Klain also headed the rollout of President Obama's American Recovery and Reinvestment Act of 2009. Lovemoney.com limited is a registered company in England & Wales.Company REG NO: 7406028 VAT NO:279970044. No, you cant have an empty guesthouse, you cant not rent it out. On January 22, the site sees its biggest day yet with 8.6 million page views . By 2014, the company had 1.5 million square feet of space and 10,000 members. All dollar values in US dollars. .css-m6thd4{-webkit-text-decoration:none;text-decoration:none;display:block;margin-top:0;margin-bottom:0;font-family:Gilroy,Helvetica,Arial,Sans-serif;font-size:1.125rem;line-height:1.2;font-weight:bold;color:#323232;text-transform:capitalize;}@media (any-hover: hover){.css-m6thd4:hover{color:link-hover;}}The Candidates in the 2024 U.S. Presidential Race, Sen. John Fetterman Wants to Talk About Depression, 6 Key Players in Donald Trumps Indictment, The Story of President Ulysses S. Grants Arrest, Dianne Feinstein: 10 Issues She Has Worked On, What We Know About Mitch McConnells Fall. Groupon was first launched in 2008 by Andrew Mason, Eric Lefkofsky, and Brad Keywell in Chicago. The IOC and FIFA are scrambling to change their ways before it's too late. Based in Nevada, the casino and hotel chain currently owns properties in Las Vegas, Everett in Massachusetts, and Macau. He was named associate general counsel and Vice President .css-47aoac{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:inherit;text-underline-offset:0.25rem;color:#A00000;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;}.css-47aoac:hover{color:#595959;text-decoration-color:border-link-body-hover;}Al Gore's chief of staff in the Bill Clinton administration, and later became Vice President Joe Biden's top aide and the "Ebola czar" under President Barack Obama. His son currently serves as the CEO and chairman. While Kirk is not a founding member like Lars or James, he has still been part of the band since their very first album and is the man responsible for replacing Dave Mustaine. Mr. Kalin can seemingly make anything. Zimmer was controversially dismissed as Executive Chairman of Mens Wearhouse back in 2013 by his long-standing colleagues and board members. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. He is an American Investment banker and celebrity Ex-Husband. Charney, meanwhile, has gone on to found competitor Los Angeles Apparel. With the aim of helping artists and crafters earn a living from what they make, Etsy attracted high-quality sellers and buyers to the platform by showing supports to female crafters at craft fairs. Klain, who has also served as counsel, adviser and board member for numerous organizations, rejoined Biden for the 2020 U.S. presidential campaign and was tapped as the president's chief of staff in November 2020. All Rights Reserved. Etsy's mission is to keep commerce human, and we're committed to using the power of business to strengthen communities and empower people. Dont cry for Mason though he still has a reported net worth of around $200 million (153m). Dropbox gained 45 million users in under four years as a free service that allows access to your photos, docs, and videos anywhere, as well as being able to share them easily. as well as other partner offers and accept our. Robert Kalin Net Worth Best Known For: Ron Klain is a lawyer, political operative and former aide to Presidents Bill Clinton and Barack Obama.
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