Harvard Business Review

MAY 15, 2012

And despite all of Facebook's user support, investors should be skeptical of the company's pricey IPO. Private Market Valuations aren't Great Indicators of Public Returns The final reason for trepidation is probably the most important. There is a lot of emotion behind the Facebook IPO. Venture investors look for home runs.

IPO 19

IPO Advertising IRR Venture Funding 19

The Center For Leadership Studies

JUNE 1, 2022

Technology and Coaching. One response I received included the following and, upon further review and reflection, I was struck by how accurate I found these comments to be: “Technology is struggling to define itself.”. There are few (if any) barriers to entering this market, and, as a result, options abound!

IPO 52

IPO Travel Content Reference 52

Harvard Business Review

OCTOBER 26, 2011

Between 2006 and 2008, more than $1 billion venture-capital dollars were channeled into startups focused on solar, wind and biofuel technologies. In the last year, however, early-stage investments in clean energy production technologies have fallen substantially (see the table at the end of this piece for more detail).

Energy 15

Energy Finance IPO Biotechnology 15

Harvard Business Review

AUGUST 28, 2014

Lending Club, a San Francisco-based peer-to-peer lending start-up, filed for an IPO yesterday, hoping to raise half a billion dollars at a $5 billion valuation. Finance Small/medium business Technology' But as of earlier this year, the company has expanded into the world of commercial loans , specifically for small businesses.

IPO 9

IPO Due Diligence Credit Scoring Hedge 9

Harvard Business Review

AUGUST 27, 2018

stock exchanges has declined by almost 50% from its peak in 1996, despite dramatic increase in aggregate market capitalization. firms gravitate towards digital strategies, firms have less need for elaborate finance, marketing, production, distribution, accounting, and human resource departments. stock exchanges.

IPO 14

IPO Company First-mover Advantage Intangible Assets 14

Harvard Business Review

OCTOBER 2, 2013

These present drivers of its economy, however, are under threat from technology. I founded the nonprofit African Institution of Technology to help universities in the region develop capabilities in emerging areas like microelectronics, biotech, and nanotechnology. Education drives technology. publicly traded companies.

Education 10

Education Technology IPO GDP 10

Harvard Business Review

JULY 18, 2012

These people are the information economy's mom and pop business owners , just more technologically leveraged and profitable than their brick & mortar predecessors. Ever thought air mattresses in living rooms would grow into a billion dollar company that would take on the vacation rental market and the hotel industry?

Venture Capitalist 21

Venture Capitalist Software Entrepreneur Engineering 21

Harvard Business Review

JULY 18, 2012

These people are the information economy's mom and pop business owners , just more technologically leveraged and profitable than their brick & mortar predecessors. Ever thought air mattresses in living rooms would grow into a billion dollar company that would take on the vacation rental market and the hotel industry? But times change.

Venture Capitalist 21

Venture Capitalist Software Entrepreneur Engineering 21

Harvard Business Review

OCTOBER 23, 2013

The most motivated and productive people I’ve seen recently work in an older company on the American East Coast deploying innovative technology products to transform a traditional industry. 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.

Motivation 14

Motivation IPO Norton Open-book 14

Harvard Business Review

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies.

Industry 16

Industry Short-term Planning Long-term 16

Harvard Business Review

AUGUST 5, 2014

Booming public equities and a recovered IPO market generated record portfolio company exits and distributions from VC funds. A VC firm is, first and foremost, an investment vehicle created to generate returns for investors that exceed those available in the fully liquid, low cost public equity markets.

Venture Capitalist 22

Venture Capitalist Asset Management Rate of Return Incentives 22

Harvard Business Review

DECEMBER 3, 2018

Some of the largest companies of recent times by market capitalization, such as Facebook, Alphabet, and Alibaba, carry dual class-shares. MSCI’s recent analysis shows that unequal voting stocks outperformed the market over the period from November 2007 to August 2017. and The New York Times Co.

Class 14

Class Maturity IPO Short-term 14

Harvard Business Review

MAY 20, 2011

Fast forward four years and LinkedIn is a public company with a market cap of more than $9 billion and revenues of about $400 million. LinkedIn didn't create the very quiet tech market it was born into, but it definitely benefited from it. In 2003 there were no tech IPOs at all. It stuck with its target market.

IPO 16

IPO Advertising Business Model Marketing 16

Harvard Business Review

FEBRUARY 29, 2012

Most investors liked the business model and the fact that I was educated in Nigeria and knew the market. also has a vibrant IPO system to take companies public. Some countries in Africa don't have stock exchanges, and where the exchange does exist — for instance, in Nigeria — the markets don't value tech stocks very well.

Entrepreneur 16

Entrepreneur Exit Strategy Development Real Estate 16

Harvard Business Review

MARCH 6, 2012

When big business leaders think about social media they tend to focus on three things: innovative technologies, marketing applications, and IPOs — the three factors that make Facebook and Twitter so hot. But if that's the focus, it's surely misplaced. The German car site motor-talk.de

White Paper 14

White Paper IPO Media Film 14

Harvard Business Review

DECEMBER 30, 2014

The M&A markets are frothy, corporations are investing in Silicon Valley labs, and even PhDs looking for jobs in business schools are finding it tough to find homes without “innovation” somewhere in their background. But it’s an idea that demands attention, investment, and a long view of the market.

Long-term 14

Long-term Innovation Company IPO 14

Harvard Business Review

MAY 21, 2012

The Facebook IPO has ignited a predictable frenzy. There is the same faith that, if we can just get a new technology adopted, the business model will follow. Facebook, I think, has been smarter about this than many others; they began with niche markets and gradually expanded outward.

Media 19

Media Advertising Niche Marketing Business Model 19

Harvard Business Review

SEPTEMBER 16, 2014

My recent Harvard Business School Working Paper on small business credit explores new technology-driven entrants in the world of small business lending. It is early days in the use of predictive modeling to reduce risk and create new markets for small business loans. In August, OnDeck announced an IPO valued at $1.5

Credit Scoring 14

Credit Scoring Banking Dunning Metrics 14

Harvard Business Review

JULY 21, 2014

Is there a market opportunity the company is overlooking? Erik Mason, the marketing communications manager for an aesthetic skin laser company in the Northeast, felt the firm needed a new image. Other companies with slicker marketing were gaining market share even though they had inferior technology,” Mason says.

IPO 13

IPO Audience Chief Information Officer Case Study 13

Harvard Business Review

OCTOBER 23, 2013

But the reality for entrepreneurs outside of the established startup meccas is a difficult one: if you start a technology business somewhere other than the San Francisco Bay area, New York, or Boston, you’re stacking the deck against yourself. Not focused on new marketing campaigns. It takes longer to raise money.

IPO 12

IPO Venture Capitalist Entrepreneur Competitive Advantage 12

Harvard Business Review

JUNE 30, 2016

We were reminded of this a few years ago, when we studied a major European conglomerate with more than 50 distinct businesses spread across dozens of markets. The company’s success has made it one of the best-performing IPOs in Asia in the last decade. We soon figured out why.

Supply Chain 15

Supply Chain Company IPO Talent Management 15

Harvard Business Review

DECEMBER 8, 2010

Right now, yesterday's organizations — from corporations to Congress — have a gaping, yawning disclosure gap: the how, what, why, how and when of disclosure simply isn't good enough for markets and communities to be able to allocate and utilize resources productively or efficiently.

GDP 19

GDP Hypercompetition IPO Information 19

Harvard Business Review

MARCH 28, 2014

As a member of a start-up advisory program, I regularly hear pitches from aspiring technology entrepreneurs. billion IPO valuation in 2013) can be attributed to its continued focus on that target. Branding Marketing Strategy' My job is to sort out the companies with potential from those that need to go back to the drawing board.

Brand 13

Brand IPO Marketing Strategy Airlines 13

Harvard Business Review

JULY 13, 2011

The smart money went along, with Groupon valued at $15-20 billion, according to some observers anticipating rich pickings in the IPO-to-come. Further, the benefits to both customers and merchants are likely to drop as the market is flooded with look-alike offers and the advantages of using one site over another decline.

Business Model 16

Business Model Discount IPO Customer Loyalty 16

Harvard Business Review

MARCH 24, 2017

Also known as “token sales,” this new fundraising phenomenon is being fueled by a convergence of blockchain technology, new wealth, clever entrepreneurs, and crypto-investors who are backing blockchain-fueled ideas. How technology is transforming transactions. Insight Center. Business in the Era of Blockchain.

Venture Capitalist 15

Venture Capitalist Due Diligence Finance Long-term 15

Harvard Business Review

JANUARY 5, 2011

If you think about how new products and services are hatched and brought to market today, it isn't usually the doing of just one entity — least of all the corporate R&D labs that once served as our engines of tomorrow. Innocentive is a network that brings together "seekers" with technology challenges with "solvers" all over the world.

Entrepreneur 15

Entrepreneur Innovation Intellectual Capital Mission Statement 15

Harvard Business Review

AUGUST 15, 2013

And last year, he decided that the answer was to take the company private, to escape the hectoring of the public market. Dell''s fortunes have not reversed over the past six years, owing in part to the recession, but more fundamentally to the decline of the PC market. For more background on the potential deal, click here.)

Rivkin 15

Rivkin Succession Short-term Case Study 15

Harvard Business Review

OCTOBER 15, 2018

In addition, given their quest for organization leanness, digital startups seek investors who have the expertise to help outsource their noncore business functions, such as production, distribution, marketing, and payroll processing. Gone is the heyday of the 1990s when firms with simply an idea and little or no revenues could do an IPO.

Venture Capitalist 8

Venture Capitalist IPO Company Kleiner 8

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.

Management 15

Management IPO Diversity Long-term 15

Harvard Business Review

AUGUST 30, 2017

Since its founding just eight years ago, Uber has become one of the best-known brands in the world, has presence in over 80 countries, has market share reported at 77% in its core U.S. However, after its IPO, Amazon’s losses were in the millions, not the billions. Khosrowshahi has much working in his favor.

CEO 15

CEO IPO Energy COO 15

Harvard Business Review

JANUARY 10, 2013

They wanted to know what my plans were for IPO. While there was some interest in our plans for China's mobile market, their primary concerns were economic and reputational: how could I prove to them that they would become rich, and that our company would be famous?

Engineering 11

Engineering IPO Real Estate Price 11

Harvard Business Review

JUNE 9, 2014

But in technology startups, particularly venture-backed technology startups, the current investment climate does not always support that vision. It is incredibly hard to hold an IPO. The most successful, visionary entrepreneurs dream not of millions of dollars, but of a world where their products change culture.

Entrepreneur 10

Entrepreneur Venture Capitalist Mezzanine Short-term 10

Harvard Business Review

OCTOBER 7, 2016

Few things are more damaging to a brand’s reputation than a hack in the headlines, and in the event of a public security incident, it’s highly likely that the Chief Marketing Officer (CMO) and the Chief Security Officer (CSO) will be the first people the CEO looks to and says “What do we do now?”

Planning 13

Planning Company Crisis Brand 13

Harvard Business Review

MAY 12, 2014

I taught the first masters course on technological entrepreneurship in Israel at the Technion in 1987, 15 years after Israel’s first tech IPO on NASDAQ and when the entrepreneurial revolution in Israel was well underway. In emerging markets, NGOs such as Endeavor and Wamda have been key catalysts.

Entrepreneur 13

Entrepreneur Incubator Bureaucracy Banking 13

Harvard Business Review

AUGUST 6, 2014

At the time, though, we were just in search of a new approach to building a sustainable business in that critical but often difficult market. In fact, you could say (and many did) that our previous attempts had failed, in that we hadn’t established a sustained market position. Things hadn’t gone well up until that point.

Chief Financial Officer 14

Chief Financial Officer Learning-by-Doing Operations IPO 14

Harvard Business Review

AUGUST 20, 2018

Because the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. Tech IPO prices and subsequent trading prices were disconnected from revenue and profits. Then the cycle repeats with a new set of technologies. IPOs dried up.

IPO 8

IPO First-mover Advantage Business Model Agility 8

Harvard Business Review

JUNE 1, 2015

For many consumer tech companies, this post-IPO pressure on financial returns is too high. What compels these companies to IPO prematurely is that they need to provide a liquidity event for their institutional investors, and sometimes for their founders or early employees. Some of them go public before even turning a profit.

IPO 8

IPO Company Maturity Short-term 8