Harvard Business Review

AUGUST 27, 2018

The number of listed firms can decline because of three developments: 1) bankruptcy, failure, or closure of listed firms, 2) delisting of firms going private or acquired, and 3) decrease in number of initial public offerings (IPOs). Furthermore, doing IPO is not only an expensive proposition, it also consumes managerial time and energy.

IPO 14

IPO Company First-mover Advantage Intangible Assets 14

Harvard Business Review

NOVEMBER 7, 2018

Those benefits fall into three categories: To jumpstart network effects that provide a first-mover advantage: Many of the projects being built using blockchain technology are “protocols” that govern the interactions between users in a decentralized autonomous network.

Cost 8

Cost Decentralization Finance Entrepreneur 8

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.

IPO 8

IPO First-mover Advantage Business Model Agility 8