Remove Career Remove IPO Remove Operations
article thumbnail

Founding a Company Doesn’t Have to be a Big Career Risk

Harvard Business Review

After five years, in 2004, Tickle was profitable with more than $20 million in revenue; it received an acquisition offer for $100 million, as well as IPO entreaties. The financial risk of a career in entrepreneurship is the chance of spending 20 years in startups with nothing to show for it — neither money nor an impact on the world.

Career 8
article thumbnail

What Spinning Off a GE Business Taught Me About Managing Ultra-Fast Change

Harvard Business Review

Major organizational changes, covering everything from recruiting and branding to regulatory approvals and marketing, happened in rapid succession, with a hard deadline of 12 months to get it all done for the IPO — and 18 months from the IPO until our full separation from GE. Very quickly, common concerns bubbled up.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Myths of the Gig Economy, Corrected

Harvard Business Review

Dara Khosrowshahi, the CEO of Uber, the ride-sharing giant, proudly declared on September 10 that “very few brands become verbs” The same week Upwork, a platform for hiring freelancers, filed for an IPO, as did Fiverr , which boasts that it offers a “freelance services marketplace for the lean entrepreneur.”

Quinn 10
article thumbnail

What African Start-Ups Need to Do to Hire and Keep Great Talent

Harvard Business Review

With limited exit opportunities via initial public offers ( IPOs ) and acquisitions, smart young people understand that stock options rarely bring a big payday. The tools used by Silicon Valley, London, and Paris to hire top talent — namely stock options — seldom work in Africa.

article thumbnail

All Hail the Failure Sector

Harvard Business Review

How about the fact that policymakers from innovation-starved countries (where failure in a new venture still brings career ruin and even shame on your family) have spotted it, and are trying to duplicate the same conditions in their economies? But we also bet it isn't your usual perspective on the world of VCs and IPO lawyers.