Harvard Business Review

OCTOBER 23, 2013

To a person, they look astonished when I ask whether their dedication comes from anticipation of the money they could make in the event of an IPO. One person says that he can’t let himself think about an IPO. For these professionals, a future IPO is outweighed by today’s OPI — the opportunity for positive impact.

Motivation 14

Motivation IPO Norton Open-book 14

Harvard Business Review

NOVEMBER 20, 2013

To many skeptical consumers in developed markets, Brand China still means lower quality. Beijing-based telecom security company NQ Mobile has gone so far as to create a separate headquarters in Texas for its developed-market business, managed by an American co-CEO and entirely comprised of American employees.

Brand 9

Brand Globalization Company Development 9

Harvard Business Review

MARCH 7, 2017

But with the departures of a number of high-level HR leaders in late 2016, head of operations Ryan Graves largely took on the head HR role in addition to his other duties. As Pete Ramstad and I note in Beyond HR , leaders often have far better developed frameworks for the value proposition of the finance function than for HR.

Compliance 18

Compliance Hedge Human Capital Finance 18

Harvard Business Review

JULY 24, 2017

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. It was a highly valued change.

Management 15

Management IPO Diversity Long-term 15

Harvard Business Review

JUNE 21, 2016

But by the 1990s it had run aground: It hadn’t properly developed systems to implement its growth strategy internally, and so that strategy broke down at dozens of points of execution on the front line—with customers, crew, staff on the shore and the company’s travel agent partners. Codify best practices.

Company 13

Company IPO Price EBITDA 13

Harvard Business Review

OCTOBER 31, 2014

As Johnson had described it in much more depth in a Time cover story a few months before, what made Twitter so promising and interesting and important was “the fact that many of its core features and applications have been developed by people who are not on the Twitter payroll.” billion in its 2013 IPO) that investors have plowed into it.

Marketing 13

Marketing IPO Venture Capitalist Fashion 13

Harvard Business Review

MARCH 28, 2014

billion IPO valuation in 2013) can be attributed to its continued focus on that target. Using brand personality in this way is not simply about developing creative communications; it’s about infusing every aspect of your operations with your unique character. How – personality. Harley-Davidson, Trader Joe’s, and The Honest Co.

Brand 13

Brand IPO Marketing Strategy Airlines 13

Harvard Business Review

OCTOBER 2, 2013

I founded the nonprofit African Institution of Technology to help universities in the region develop capabilities in emerging areas like microelectronics, biotech, and nanotechnology. Today’s model is using African diasporas where companies hire native Africans living abroad and then send them to the continent to expand their operations.

Education 10

Education Technology IPO GDP 10

Harvard Business Review

MAY 16, 2016

For example, as it grew, Facebook found that its early “move fast and break things” culture had to be funneled into focused technical teams and product groups to make its product development process faster and less erratic, and for it to have a chance of meeting the demands of its new public shareholders following its IPO.

Banking 15

Banking Strategy Film IPO 15

Harvard Business Review

AUGUST 6, 2014

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. So with Alibaba, we realized we needed to be willing to give up all operating control.

Chief Financial Officer 14

Chief Financial Officer Learning-by-Doing Operations IPO 14

Harvard Business Review

JANUARY 5, 2011

million developers to contribute to 260,000 projects. Even though companies haven't reconciled — perhaps can't reconcile — themselves to the risk/return crapshoot of innovation, the economy has adapted by developing an innovation sector to take on that role. We could go on, but we don't need to. You get this.

Entrepreneur 15

Entrepreneur Innovation Intellectual Capital Mission Statement 15

Harvard Business Review

FEBRUARY 25, 2014

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. Develop deep expertise — your best risk-mitigation strategy . Lean Product Development and Customer Development processes) decreases the chance of a startup’s failure.

Career 10

Career Company IPO Christensen 10

Harvard Business Review

MAY 30, 2013

He had developed an extensive plan, and had the promise of grant money behind him. It''s not about price, or code, or agile development. He is currently creating new businesses inside the Hearst Corporation, where he''s been driving the development of Manilla.com for almost 2 years. or you might not.

Company 12

Company Ries Maturity Innovation 12

Harvard Business Review

AUGUST 20, 2018

As a reminder, the dot-com crash was preceded by the dot-com bubble, a five-year period from August 1995 (the Netscape IPO) to March 2000 when there was massive wave of experiments on the then-new internet, including in commerce, entertainment, nascent social media, and search. IPOs dried up. Then one day it was over. Seize the Cash.

IPO 8

IPO First-mover Advantage Business Model Agility 8

Harvard Business Review

FEBRUARY 26, 2018

On February 13, 2018, the New York Times reported that Uber is planning an IPO. Twitter reported a loss of $79 million before its IPO, yet it commanded a valuation of $24 billion on its IPO date in 2013. Its value growth is powered by the network in place, not by increments of operating costs.

Company 9

Company Intangible Assets Depreciation IPO 9

Harvard Business Review

APRIL 10, 2013

I met Slovenian entrepreneur, Sandi Cesko, in 2007 when his Ljubljana -based multi-channel retail operation, Studio Moderna , had about $70 million in sales. Real entrepreneurs don''t mind paying taxes, so develop a clear, right-sized and strictly enforced tax system. Even better. Taxes per se do not hinder entrepreneurship.

Entrepreneur 10

Entrepreneur IPO Incentives Venture Capitalist 10

Harvard Business Review

MARCH 28, 2016

Then the banks decided to turn the associations into for-profit companies, IPO them, and cash out. MasterCard IPO’d in 2006, and Visa followed two years later. Around the world, though, many countries still have domestic payment networks that operate as not-for-profit platforms. Now they are very focused on making money.

IPO 8

IPO Succession Technology Software 8

Harvard Business Review

OCTOBER 7, 2016

Here’s a generalized scenario similar to cases we’ve experienced: A hot new mobile technology company lands one of the most successful IPOs of the year. Even a rumor of a breach can trigger a communications crisis. A hacker going by the name of ‘Tumbleweed’ enters a forum and brags that the device can be hacked.

Planning 13

Planning Company Crisis Brand 13

Harvard Business Review

APRIL 18, 2014

However, cash flow from operations had shifted from positive to negative, the company’s cash pile was dwindling, and the new product would demand R&D investment. Then it cut general and administrative expenses and sales staff to contain operating losses. That helped BlueArc raise another $28 million in VC funds.

CFO 8

CFO Venture Funding IPO Retail 8

Harvard Business Review

MAY 11, 2016

They operate platforms that make it easy and efficient for participants to connect and exchange value. Three of the five most highly valued companies in the world — Apple, Google, and Microsoft — make much of their profits from connecting different groups, like developers and users in the case of Apple.

Participative 8

Participative Business Model IPO B2B 8

Harvard Business Review

DECEMBER 9, 2010

Families were deeply involved in developing treatment programs. Why would an IPO be so bad? Beatriz Muñoz-Seca is a professor of production, technology, and operations management at IESE Business School, University of Navarra. In different rooms of the center, groups might be doing physical or music therapy.

Case Study 15

Case Study Franchising Health Care Follow-up 15

Harvard Business Review

MARCH 24, 2017

Rather than tying up vast amounts of funds in a unicorn startup and waiting for the long play — an IPO or an acquisition — investors can see gains more quickly, and can pull profits out more easily, via ICOs. The second reason VCs are becoming more interested in ICOs is because of the liquidity of cryptocurrencies.

Venture Capitalist 15

Venture Capitalist Due Diligence Finance Long-term 15

Harvard Business Review

APRIL 29, 2015

Brian Fitzpatrick joined Google as a senior software engineer in 2005, shortly after the company’s IPO. Brian specialized in open-source software development and he quickly became a champion within the company for various initiatives focused on end users. One such project addressed a user’s control of his personal data.

Strategy 8

Strategy Power Idea Generation Project 8

Harvard Business Review

MAY 24, 2013

Indeed, many would-be entrepreneurs who are drawn by the romantic vision of developing a snazzy new app or product pooh-pooh selling as beneath their dignity. Without it, you will always be a mom-and-pop operation. I don''t think so. Sale is a big part of scale. Why the emphasis on attitude?

Entrepreneur 8

Entrepreneur IPO Open-book Marketing 8

Harvard Business Review

APRIL 13, 2015

With limited exit opportunities via initial public offers ( IPOs ) and acquisitions, smart young people understand that stock options rarely bring a big payday. For example, someone that liked electronics development likely wouldn’t jump for an administrative job in a bank with marginal pay difference. I observed their interests.

Venture Capitalist 8

Venture Capitalist IPO Entrepreneur Banking 8

Harvard Business Review

FEBRUARY 24, 2015

The first category is exogenous factors over which the business has little control: the growth of the markets into which it sells; the competitive intensity and thus the average profitability of the industry in which it operates; or the fragmentation of its industry and thus the scope for a growth-by-acquisition approach.

Chemicals 8

Chemicals How To Kahneman Reputation 8

Harvard Business Review

JULY 27, 2017

Talented founders know that corporations simply cannot replicate the deep experience private VCs have in starting companies, nor their expertise in assisting startups with complex challenges such as deal making, business modeling, resolving disputes among founders, executing a successful IPO, and so on.

Venture Capitalist 9

Venture Capitalist Meyer Innovation Fixed Costs 9

Harvard Business Review

SEPTEMBER 10, 2015

Are Israeli companies on the verge of developing a repeatable playbook to scale their companies and become market leaders, not just acquisition fodder for the Silicon Valley giants? In 2014, for example, 18 IPOs raised a record-breaking $9.8 That’s disappointing for a country with so much potential. But is all of that changing?

Venture Capitalist 8

Venture Capitalist Entrepreneur Marketing IPO 8

Harvard Business Review

JULY 12, 2017

Politics, regulations, and levels of economic development play a major role in shaping the digital industry and its market attractiveness. Most of the developing world is overwhelmingly cash-dependent; in Malaysia, Peru, and Egypt, only 1% of transactions are cashless. .” More than 1 billion jobs and $14.6

Innovation 9

Innovation Policies Technology Politics 9

Harvard Business Review

FEBRUARY 17, 2011

The interesting part of this shift is that VCs are taking a more holistic or "systems" approach to investing than they typically do in developed markets. Because of three significant challenges innovators face in emerging markets: Innovation ecosystems are not well-developed. Why do VCs in emerging markets take a systems approach?

Marketing 15

Marketing Venture Capitalist Biotechnology IPO 15

Harvard Business Review

JULY 20, 2017

The innovation alone is a herculean task, but imagine being that upstart pioneer trying to develop the technology, while at the same time going up against entrenched, powerful competitors with deep industry knowledge, assets, and channels who’ve been around for a hundred years or more.

Innovation 17

Innovation Products Productivity Venture Capitalist 17

Harvard Business Review

MAY 14, 2014

Alibaba, the Chinese internet titan that filed for an IPO in the U.S. last week, could be the largest tech IPO in history. Instead, it operates more like GE. But Alibaba doesn’t look much like Facebook, Google, or even Amazon. While conglomerates are few and far between in the West, their success in China is no surprise.

IPO 15

IPO Welch Strategy Long-term 15

Harvard Business Review

MARCH 1, 2017

Blockchain was originally developed as the technology behind cryptocurrencies like Bitcoin. After all, most financial intermediaries themselves rely on a dizzying, complex, and costly array of intermediaries to run their own operations. So users can set up algorithms and rules that automatically trigger transactions between nodes.

Finance 8

Finance IPO Banking Venture Capitalist 8

Harvard Business Review

JANUARY 10, 2013

Academics and practitioners have built on Christensen's work to develop robust frameworks that can help leaders to spot disruptive developments early and respond appropriately. Sifting through this work highlights three seminal moments in any disruptive innovation's development: Conception.

Trends 8

Trends Disruptive Innovation Christensen Business Model 8

Harvard Business Review

DECEMBER 19, 2017

went public in June, then saw its stock price fall 70%, making it the worst performing IPO of a major company so far in 2017. The company tapped the brakes on marketing spend so that it could focus on operational issues associated with the opening of a new facility, and – sure enough – its customer count plummeted in turn.

IPO 8

IPO How To Bottom-up Metrics 8

Harvard Business Review

NOVEMBER 6, 2015

You develop minimally viable products, keep testing different market and product hypotheses, and pivot based on the market feedback you get. This approach is successful for some ventures — mostly for software-related companies with modest initial operating expenses.

Venture Capitalist 8

Venture Capitalist Entrepreneur IPO Wireless 8

Harvard Business Review

SEPTEMBER 4, 2012

Even though Obama is able to leverage the infrastructure of his successful 2008 campaign, such as an impressive online operation, the message is entirely different this time around. So how do you remake the president to endear him to his erstwhile fans?

Planning 8

Planning IPO Politics Brand 8