Airlines and consumer goods purveyors are already among its leading advertisers, and it also hopes to sign up a large number of Western firms.
The other primary factor contributing to the Series A shortfall is the concentration of venture capital funds in the hands of a shrinking number of large firms.
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Not only are a few large wireless firms likely to innovate less than a larger number of small firms.
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As of last week, Sirna had been in discussions with a number of large pharmaceutical firms about a collaboration, says a spokesman.
Most were part of a backlash after a number of fund firms were found to have permitted large investors to do rapid-fire trading, often contrary to the funds' own rules, or illegally after hours at the expense of small investors.
And the banks have also lost a large number of small business customers to technology firms.
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When the big movie studio system broke up in the 1930s it fractured into a large number of what were essentially small specialist firms and freelancers.
In contrast to the national news, the last few days has seen a number of local firms announcing large job losses.
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So that a tiny number of farmers and a few large agricultural firms in rich countries can continue to benefit at the expense of the world's poor.
In consumer-goods industries it is common for a large number of differentiated products to be produced by a small number of firms.
The gain in the market and decline in volatility is somewhat perplexing, given the large macro risks that continue to pervade the global economy and the relatively weak earnings outlook offered by a number of bellwether firms such as FedEx and Hewlett-Packard.
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