Development Innovation Leveraged Buy-out 
Harvard Business Review
AUGUST 9, 2016
In phase one (buy and sell), PE investors looked for the equivalent of a “fixer-upper house” — a dilapidated company in a good industry that could be purchased at a discount and, after the business equivalent of some fresh paint and new appliances, resold for a profit. How Phase 3 Is Changing PE Companies.
Harvard Business Review
DECEMBER 22, 2016
We believe so — it is a form of governance that is much older than the public and private equity models, one developed in sophisticated Western capital markets. Samsung is a global leader renowned for innovation talent, yet with strong family control. And it starts with family businesses. The Family Firm.
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