, money, salary, income, and assets. For his personal life, Michael is still a bachelor; it is known that Michael has given a lot of his money and time to charities. His shoulders twitch. "You gave me permission to beep you," Saylor says. "The way we've played this business and the way we have played the game at MicroStrategy is unwilling to hedge, ever, going to the limit, with the idea that it's better just to risk it all, all the time, than it is to play it safe. "Saylor keeps a tight lid on his personal life," the Reliable Souce column noted, and Saylor would say only of the woman, "we were associated" not whether she was his girlfriend. As of 2016, Saylor has been granted 31 patents and has 9 additional applications under review. Despite a stock slash on the same day as the Mastercard announcement of 23 percent, over six-months of Bitcoin investment, MicroStrategy's stock has risen more than 700 percent. "I wanted to be a jet pilot or an astronaut," he says, "go to Mars, build spaceships, gallivant across the universe." [4][5][3][6][7], Saylor took the company public in June 1998, with an initial stock offering of 4 million shares priced at $12 each. He attacks his food and his subjects with a mixture of impatience and anger. Phong Le, the company's president, succeeded him as CEO. Let's find out! 26. . Classical merchandisingtrying to project what a consumer might wantis a waste of time and money. He is not dating anyone. Michael J. Saylor's net worth He also took the opportunity to announce that he's running for president. Yes, he says, but he adds, "What we're about is squeezing out risk and pushing everybody toward progress, toward something better.". 2023 Benzinga.com. At the entrance MicroStrategy's executive suite atop Tycon Tower, a black kiosk with a monitor shows Saylor television interviews all day. [4] The company began developing software for data mining, then focused on software for business intelligence. One afternoon last summer, Michael Saylor's assistant buzzed him in his office at MicroStrategy on the 14th floor of Tycon Tower, facing east to where the Washington Monument sticks up like a toothpick on the horizon. "How?" But some of his visions make him look more like Big Brother. "The whole point of our network is trust," he says. He had a book with him all the time, reading after school and on weekends. His host-with-the-most parties are legendary. If we're to be inundated with fresh news on Saylor, we might as well remind ourselves of who he is. And just as fast as Bitcoin can take off, so has Michael Saylor's social capital risen, too. He is currently single. Then he bought some blinds, which blocked the sun, so he brought in some lamps. [3][5], Using the funds from DuPont, Saylor founded MicroStrategy with Sanju Bansal, his MIT fraternity brother. ", Married for 38 years, his parents now live outside Tampa. Saylor was born in Lincoln, Nebraska on February 4, 1965 and spent his early years on various Air Force bases around the world, as his father was an Air Force chief master sergeant. Michael Saylor. he says. "I am doing stuff right now that risks it all.". He normally walks with short, quick steps, but with the kink in his back his movements are a bit more tentative. A new No. "It presses all of Michael Saylor's buttons," he says of the painting. Michael J. Saylor was born on 4 February, 1965 in Lincoln, NE, is a Chairman, President, and CEO of MicroStrategy. Money was not that plentiful for the Saylors of Fairborn, Ohio. In 2000, MicroStrategy was accused by the U.S. Securities and Exchange Commission for fraudulent finance reports. "You can't underestimate Sanju," says venture capitalist Mark Ein. The suit also names MicroStrategy, the. It's an affirmation of what he just said and a springboard to his next monologue. So I'm getting your permission to interrupt you and contact you. [27], In October 2020, Saylor disclosed he personally held 17,732 bitcoin at an average purchase price of $9,882. Michael Saylor is not known to be involved in a romantic relationship with anyone. Mike Saylor's vision of "telepathic intelligence" alarms privacy experts, but even within MicroStrategy not everyone is a believer. The untold truth of O.J. Translation: Your cell phone or transmitter would alert you with information it thinks you might need, sort of like an omniscient butler in your brain. As for playing God, in his kitchen one Saturday afternoon Saylor slips a gold ring off his finger and slides it across the table. He attended the Massachusetts Institute of Technology (MIT) on a Reserve Officers' Training Corps scholarship. But what Saylor is selling with evangelical fervor now is Strategy.com, a wireless network that he hopes will "inject itself on the critical path of life for a billion people.". [17][18][19] As a result of the restatement of results, the company's stock declined in value and Saylor's net worth fell by $6 billion. Michael successfully predicted the growing mobile market, and started to focus on mobile applications. All of it. Saylor is a visionary. "[15], In March 2000, the U.S. Securities and Exchange Commission (SEC) brought charges against Saylor and two other MicroStrategy executives for the company's inaccurate reporting of financial results for the preceding two years. Not Saylor. Who has time to eat? The numbers and studies fly out of his head like a torrent of data from a talking computer. He established The Saylor Foundation of which he is the sole trustee; his goal is to make free education available for all students the organization has a website that provides free content from various universities. Here are 29 reasons you need to know about Michael Saylor, and why he is leading a new Bitcoin evangelism. MicroStrategy then went public until Saylor reportedly reached a net worth of $7 billion. Nobody else can get at it. Then you match the database with jammed roads and send alerts to the commuters and tell them how to avoid bottlenecks. Saylor's basement is becoming a shrine to himself. Saylor asked. As of October 2021, he had not sold any bitcoin. . We're watching slackers and talking about Emperor Trajan. And the only person that touches it is you. Saylor, the revolutionary, isn't pleased. 8. Neither the founder nor the firm fits the profile of the dot-com companies that have struck it rich on the basis of luck, a few good ideas, and successful public stock offerings. He's the most eligible bachelor in the region. Here are ten fast facts about this multimillionaire you should know: 2. Saylor ve Jack geleceinin ncleridir. $2.5 billion, according to our most recent tally. The contract with McDonald's led Saylor to realize that his company could create business intelligence software that would allow companies to use their own data for insights into their businesses. SENECA. 19. When you study the impact of those things, you're capable of understanding how you can actually succeed in technology, right?". This renaissance places crypto back in competition with cash and gold assets, which are regulated and minted by governments, and generally considered stable. [16] In December 2000, Saylor settled with the SEC without admitting wrongdoing by paying $350,000 in penalties and a personal disgorgement of $8.3 million. Michael J. Saylor (born February 4, 1965) is an American entrepreneur and business executive. No, getting rich isn't the goal. The house was devoid of furniture for his first three years. It's about not ego or comfort but money and time. The cuisine is pork loin, cauliflower, potatoes, salad. [25] As of February 24, 2021 holdings include 90,531 bitcoins acquired for $2.171 billion at an average price of $23,985 per bitcoin. In 1996, Saylor was named KPMG Washington High-Tech Entrepreneur of the Year. Is Michael Saylor married? ( Update:. Every time the stock goes up a dollar, he makes $44 million. As the world reels from 2020's economic whiplash, cryptocurrency could offer a (socially distant, even) alternative to government-backed coin. American TV Actress from Chicago, Illinois, USA. 10. Michael Saylor. In 1983, Saylor enrolled at the Massachusetts Institute of Technology (MIT) on an Air Force ROTC scholarship. "I have a little skepticism about putting radio transmitters in my brain," says Sid Banerjee. Think Bill Gates on acid. ", Saylor drove to the townhouse complex off Route 123 a mile west of Tysons Corner. Saylor is explaining why he bought shares of two corporate jets, one a four-person craft and the other slightly larger. I say this gives me some pausethe information could be used to harm me. What happened with the railroad? "We think that the highest-quality, best asset in the world is Bitcoin. He sees the edge, but he likes it. 6. "I don't need a coach to tell me what to say," he says. . The software. There were the 60 Minutes appearance, interviews on CNN, invitations to the White House, mentions in the gossip columns, a tenth-anniversary MicroStrategy bash at the Corcoran Gallery of Art, a Super Bowl party for several thousand of his closest friends at FedEx Field. He graduated from MIT university with a double major in aeronautics and astronautics; and technology, science, and society. "The most fun I have is when I'm actually meeting with a client," Saylor says. Money is a means to an end. Let's take a look at Morgan Saylor's current relationship, dating history, rumored hookups and past exes. "If you hate Bitcoin, you can short our stock if you love Bitcoin, you can buy our stock.". That changed some time after he lost all that money, the Washington Post said, and now the New York Post has him jetting off to Cannes "with six friends." Chairman, President, and CEO of MicroStrategy. ", "I'm not so naive as to think that everybody always succeeds, right? He originally planned to be a pilot, however a medical exam revealed that he had a benign heart murmur which prevented him from continuing that career path. Required fields are marked *. 28. Credit card firms, like Mastercard, are also jumping on board. For Saylor, evangelist of intelligent ether, a big part of his life still is reading books, ink-on-paper books. Discover today's celebrity birthdays and explore famous people who share your birthday. In his senior year, when classmates were loosening up, Saylor piled on the work with a double major. The book appeared on the New York Times Best Seller list, where it was ranked number seven in hardcover non-fiction books in August 2012, and was ranked number five in hardcover business books on the Wall Street Journal's Best-Sellers list in July 2012. "This is war against the financial establishment, right?" But it's still too soon to say exactly what their future holds. Then I'm simply performing the logical analysis necessary to arbitrage out market inefficiencies.". It will allow you to switch cards or refinance your debt with the press of a button. Learn How rich is He in this year and how He spends money? Michael Saylor founded business analytics software firm MicroStrategy and ran it as CEO until early August 2022, when he moved into the chairman's role. Michael Saylor is a Bitcoin advocate and MicroStrategy CEO with a net worth of $2.4 billion. Claim to fame: He wishes it was McLean, Virginia-based MicroStrategy's data-mining software. Give Saylor's network "the keys to your travel-agency account" and the other details of your life, and he will do the rest. Insted it's that $6 billion loss in personal wealth, incurred after the company retroactively slashed 1999 revenue by 25 percent due to erroneous accounting of two long-term contracts. As of early-2017, sources estimate a net worth that is at $500 million, mostly earned through the success ofMicroStrategy. By subscribing to this BDG newsletter, you agree to our. Saylor immediately responded: On Monday, February 8, Telsa, Musk's electric vehicle firm, announced it had purchase $1.5 billion-worth of Bitcoin. "And if it does work, it will save people. schneider funeral home mt vernon in obituaries michael saylor children. "[14], In December 2022, Saylor bought and immediately sold Bitcoin for "tax purposes. WaPo also said he suffered from "volcanic impatience" and had been known to recite Bill Gates' well-known line, "That's the stupidest fucking thing I've ever heard." "Sorry," he said, "we're going to have to condemn your house.". "Now that I've got your permission," Saylor says, "I'm the first guy in the world to tell you that Jeff Bezos has wrapped his car around a tree. While refurnishing the place, he bought a TV with a 61-inch screen. The company started off developing data mining software and later transitioned to business intelligence. Saylor's pork loin is cold. Maybe. Would you like front-row tickets for any of the following musicians? "We weren't so much with the party crowd," Spahr says. So you get the system like Blockbuster and you say, "What is your favorite movie star? What is your favorite actor? "They gave me good values," Saylor says. So it's not a stretch to imagine he's now angling to be known as something other than a man done in by his own accounting error. We don't share it. The incident, he recalls, "was interesting for about five minutes, but it wasn't the most interesting thing. "I've never seen anything so funny as this. His rounded shoulders give him a diminutive look rather than that of a captain of industry. It appealed to his taste for Roman historyand made Wilmington seem like Podunk. He came across as a crazy heavy-metal head. Think of it as spinning straw into gold. Saylor punctuates many of his sentences with "right," but it's not a question. You wonder if he has a computer chip already implanted in his brain. Bansal, a Fairfax native, helped inspire MicroStrategy's relocation from Wilmington to Washington in 1995. One afternoon last summer, Michael Saylor's assistant buzzed him in his office at MicroStrategy on the 14th floor of Tycon Tower, facing east to where the Washington Monument sticks up like a toothpick on the horizon. He's jabbing at his salad as if trying to kill off old business practices. He's got a way for General Motors to service its fleet of cars more efficiently by sending alerts to drivers. It's an Orwellian vision come to life. He fell from the billionaire ranks after questionable accounting led to a restatement of financial results and the dot-com bust crashed the stock. According to our Database, He has no children. Does Daniel Tosh have a wife? Michael J. Saylor (born February 4, 1965) is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company which provides business intelligence, mobile software, and cloud-based services. "I'm a political leader. It's just to your benefit.". See Also:Bitcoin (BTC) Moving Sideways - Calm Before The Storm? God complex: Saylor's employees have been known to say they are part of the "cult of MicroStrategy." Bitcoin advocate wants to focus solely on Bitcoin. He is the executive chairman and a co-founder of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. Two of his friends from those years are Tom Spahr, who wound up going to MIT with Saylor and has been at MicroStrategy since the early days, and Don Griffith, a lawyer with the SEC here. "We bank it," he says. Michael J. Saylor was born on 4 February 1965. "That was a totally new idea.". We think he is not married and that he has no children. He authored the 2012 book The Mobile Wave: How Mobile Intelligence Will Change Everything. I'd walk into a group of people, and they'd all splitlike nuclear fission.". 2023 Forbes Media LLC. In June 2012, Saylor released The Mobile Wave: How Mobile Intelligence Will Change Everything, published by Perseus Books, which discusses trends in mobile technology and their future impact on commerce, healthcare, education, and the developing world. Today, 1 Bitcoin is worth over $47,000. . "So I'm effectively on this gerbil wheel, this treadmill, and you've got to run faster and faster. Michael Saylor lost a record $6 billion in the tech bubble nine years ago, so maybe that's why the MicroStrategy CEO isn't letting the current financial crisis crimp his style. Your IP: The crystals came from his mother over the past ten years. Like religion. 15. From high atop Tycon Tower, traffic backed up on the Beltway looks like a string of red and white pearls stretching from horizon to horizon. The Wilson Bridge doesn't need 12 lanes. Now the 35-year-old businessman/philosopher is worth $7 billion, which makes him the richest man in the Washington region. Michael Saylor found it all "amusing." Can mRNA Technology Hold the Allergy Cure We've All Been Waiting For? "But a company thrives on leaders who can articulate one simple vision.". The intensity of his brain power makes Saylor vibrate when he talks. Resides in Washington, DC Metropolitan Area. But back in 2000, even before he lost more in a single day than any human other than Microsoft founder Bill Gates (up to that point), Saylor's consumption was less flashy. Bitcoin's price is on the rise, and Michael Saylor says now is the time to go big for company's like Tesla. I don't think he's driven by anything else.". "And you trust me to call you and interrupt your day. He's pitching the next thing: "Telepathic intelligence.". Is his conspicuous high-rolling meant to signal a comeback by the culty executive? Michael Saylor founded Microstrategy in 1989. At his 35th-birthday party last month at Cities in Adams Morgan, Saylor reverted to his frat-boy persona, bestowing kisses and hugs on more than a few young ladies. There is no alley, no access. Just a few days after attending Saylor's conference, Elon Musk's Tesla invested $1.5 million in Bitcoin. 7. Although the sharp price decrease has been alarming for some cryptocurrency investors, MicroStrategy Inc (NASDAQ: MSTR), which has more than $4 billion in Bitcoin exposure, doesn't seem phased. Likewise, the tables and display cases are clean-edged, blond, inlaid with geometric designs. He also authored the bestseller entitled The Mobile Wave: How Mobile Intelligence Will Change Everything, and as he continues his career it is expected that his wealth will increase. At MIT, he double majored in aeronautics and astronautics, and science, technology, and society. [13], On August 8, 2022, Saylor resigned as CEO and remained executive chairman of MicroStrategy. If it's not a person involved, I would sort of blink, whatever. Without the same government oversight, the value of this currency skyrockets the more people invest in it. Right, and while the slackers in Clerks are standing around smoking cigarettes in an alley, Saylor sails off into a series of riffs about Julius Caesar crucifying pirates at age 18 and Josephus's histories of the Jewish people and how 18-year-old Augustus defeated Mark Antony and the fact that Emperor Trajan knew the world was round in the first century AD. His holdings, once valued at $6 billion, are now worth perhaps $330 million. They're all sort of some fantasy world of dragons and wizards where magic works. "He was always putting things in the context of the Greeks and Romans.". . I just don't have the patience.". All rights reserved. The MicroStrategy CEO told Benzinga that when there isa massive expansion in money supply followed by a significant contraction in money supply, investors want to focus on scarce, desirable,high-quality property that otherinvestors will want to buy down the road. That was the thing. . He graduated from MIT in 1987, with a double major in aeronautics and astronautics; and science, technology, and society. 29 REASONS is an occasional series from Inverse that offers essential context about something new in the world. Cloudflare Ray ID: 7c063e093b164168 But Saylor says the defining moment for him came when he got off the train one day at Union Station and found himself amidst Washington's monumental architecture. The company began developing software for data mining, then focused on software for business intelligence. area. Here he is comparing himself to Thomas Edison and the ancient Romans in Fortune. Now he invites friends over for karaoke. It's either me or them. What happened with the telephone? I have constituents. There were police cars and fire engines in the street and a Mercedes-Benz in his basement. "I don't know who he plans to sell this to," says Gellman. I have a nation. Everything You Missed at Last Nights White House State Dinner, Washington DCs 500 Most Influential People, A Black Bear Has Been Rummaging Through Trash Cans in Kensington, Video From Fall Real Estate Market Update With Local Leaders, Washingtonian Real Estate Virtual Happy Hour, You Might Spot These Celebs Around DC This Weekend, How the M3 Rock Fest Saved 80s Hair Metal, Folger Shakespeare Library Will Reopen in November, Meet the 2023 Washington Women in Journalism Award Winners, A Budget Airline Now Offers Nonstop Flights From Dulles Airport to Iceland. Michael Saylor founded business analytics software firm MicroStrategy and ran it as CEO until early August 2022, when he moved into the chairman's role. [8] The stock price doubled on the first day of trading. He got his wings, soloed, finished MIT, then unexpectedly flunked his physicalhe has a benign heart murmur. The orchestra director said he needed someone who could play both trombone and guitar. ", Saylor's sermons to staff have been known to run up to nine hours, the Washington Post has reported. Me. This guy refers to as Saylor as Bruce Wayne. We will update Michael J. Saylor's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. ", Michael Saylor has written in with corrections to our item on him yesterday. I saw a recommended live video on Youtube where Michael Saylor is talking. Please utilize this sticky thread for all general Bitcoin discussions! Married Eliza Heiple and had ten children, including Alexander Saylor.--History of Bedford and Somerset Counties, Pennsylvania, with genealogical and personal history: Bedford County by E. Howard Blackburn ; Somerset County by William H. Welfley (New York: Lewis . "I bought it all at the same time. Manufacturers like Tesla are putting their cash into Bitcoin, and Mastercard will soon support certain cryptocurrencies, too. He is a member of famous Chairman with the age 58 years old group. Could the wrong restaurant for one person provide the best meal in another person's life?". I've got all of your preferences, and then I say, would you like to know when Billy Joel releases a new album? A former rocket scientist, Saylor studied aeronautics and astronautics at MIT on an Air Force scholarship before founding MicroStrategy in 1989. If you were to ask Michael Saylor, he'd probably say yes. ", "We're talking about software that's coming that if it stops working, it's going to kill people," he says. He was born in February 1965. Saylor breezes past these naysayers, just as he's rolled over all the lawyers and bankers and venture capitalists who told him he couldn't do things his way. The full content of the memo appeared on Reddit for only a few minutes and was reposted in the Washington Business Journal. When Saylor was 11, the family settled in Fairborn, Ohio, near the Wright-Patterson Air Force Base. [12] Saylor was also featured by the MIT Technology Review as an "Innovator Under 35" in 1999. It's not why he was put on Earth. He's figured a way for Blockbuster to sell more videos. Two cell phones sit in the middle of the table. MicroStrategy's software products turn raw data into useful information. [24], MicroStrategy later added $175 million of Bitcoin to its holdings in September 2020 and another $50 million in early December 2020. ", "But if you look out over four years or six years or eight years, then simply acquiring high-quality property with free cash flow is generally a really good investment strategy.". It is a frigid evening. Michael Saylor became very wealthy for one reason: While most founders and CEOs of successful companies wind up owning a small percentage of their companies' stock, Saylor owns 60 percent of MicroStrategy, or 44 million shares at the moment. MicroStrategy's Michael Saylor | Source: Michael.com. [28], Between October 1 and November 29, 2021, MicroStrategy bought 7,002 bitcoins for about $414.4 million in cash at an average purchase price of $59,187, bringing its total holdings to 121,044 bitcoins. Thank you! His net worth would continue to increase, as in the following years the company would grow at a fast pace. What is your favorite type of movie? Saylor says. He owns a yacht named USHER after a computer software, not the singer. It's firewalled. And even Mike Saylor has a few privacy issues. In the middle of watching Clerks, Saylor can't help but refer to one of his favorites: The Story of Civilization, 11 volumes by Will Durant. Michael Saylor's MicroStrategy bought 6,455 bitcoins over the last five weeks, according to a Friday SEC filing. What happened with nuclear medicine and genetics and antibiotics? Saylor has never been married. The purchases were made at an average price of about $23,238 per token, and totaled . 5. It's digital gold.". What type of movies would you like to buy when they first come out? Two years later, he was given a $250,000 independent consulting contract by DuPont, which helped increase his net worth significantly. That's the vision. Michael J. Saylor (born February 4, 1965) is an American entrepreneur and business executive. Saylor is worth $500 million, but this figure is not certain. His net worth has been growing significantly in 2022-2023. . His parents offered to pay him a dime for every "regular" book he read. Flash Player 9. He has fun doing that, too. What lessons does he see in the lives of these heroes? 23.4K. And unlike many technology entrepreneurs who are willing to cash out, Saylor is intent on building a corporate institution, more like General Motors than Monster. Saylor visited with Virginia Governor Jim Gilmore and his traffic chiefs this afternoon. He is the owner of two yachts: The 45-meter Feadship Harle and the 47-meter yacht Usher. Donald Trumps real net worth? Bansal, now MicroStrategy's chief operating officer, is said to apply the corporate glue that keeps the pieces of Saylor's vision from flying apart. Also learn how He earned most of networth at the age of 58 years old? Michael Saylor is not your typical boyish billionaire. 17. That's just as powerful as they are, that's just as smart as they are, that fights the information war with them all the time, and if you, if you trust me primarily instead of them, then that's really the war, isn't it? We don't have much information about He's past relationship and any previous engaged. They started building business-strategy software, which led into the computerized sifting of information, or data mining. 29. 24. "I studied the structure of scientific revolution, how a new technique changes the paradigms of society or an economy. Saylor has wrenched his back, making him feel 85. Cryptocurrency, meanwhile, is mined using computer code. 27. D.C. law allows the city to collect triple the owed amount in damages, along with . "So I learned quickly that if I read lots of normal books," he says, "I could get the money to buy comic books, and I must have read one summer a hundred books, just lots of books.". 25. The thing that's stuck with me was even years ago Michael Saylor was seen as some kind of genius, way ahead of his time and just fucking crazy smart. [5] In 1988, Saylor became an internal consultant at DuPont, where he developed computer models to help the company anticipate change in its key markets. He's the accidental billionaire. So Where Is Bitcoin Headed? MSTR Price Action: MicroStrategy has a 52-week high of $891.37 and a 52-week low of $134.09. Saylor believes he was put here to change the world, to obliterate ignorance, to spread "intelligence everywhere. In 1999, Saylor established The Saylor Foundation (later named Saylor Academy), of which he is the sole trustee. The Nationals selected him out of Westminster Academy during the 2009 MLB Draft. So, how much is Michael J. Saylor worth at the age of 58 years old? Michael sun sign is Aquarius and his birth flower is Violet & Primrose. Saylor said in a press release, "As Executive Chairman I will be able to focus more on our bitcoin acquisition strategy and related bitcoin advocacy initiatives, while Phong will be empowered as CEO to manage overall corporate operations. "If you try to time the market, you are going to . Saylor is also an author, having written books on business strategy and technology. Right? Saylor doesn't want to talk about share price. Actually, he was a quiet Midwestern guy.". "I don't think it's my goal to change everything in the world," he says, "but it is a quasi-religious decision to raise reality from ignorance to a new realityomniscience. The newspaper cited his strict Southern Baptist upbringing by an Air Force Chief Master Sergeant for his "strong sense of insularity and control.". His onetime chief of staff told the paper, "I've never seen someone who could transfix a room like Mike Saylor." As a matter of fact, Michael Saylor has kept his personal life very private. He is 58 years old. Michael Saylor, the chairman and cofounder of software company turned bitcoin acquisition vehicle MicroStrategy, has predicted the value of bitcoin to overtake gold within ten years Saylor, who stepped down as MicroStrategys chief executive earlier this month, has seen his net worth tumble recently as bitcoins value has crashed.
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