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 13

Industry Short-term Planning Long-term 13

Harvard Business Review

APRIL 21, 2016

When financial services company Square priced its IPO at $9 a share last November, well under the $15+ price that private investors paid the year before, it was a cold shower of reality for the 6-year-old company. Until the IPO, Square had been one of more than 130 unicorns: privately owned tech companies valued at $1 billion or more.

IPO 8

IPO Innovation Price Operations 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. Then the cycle repeats with a new set of technologies.

IPO 8

IPO First-mover Advantage Business Model Agility 8

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 11

Motivation IPO Norton Open-book 11

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 8

Company Intangible Assets Depreciation IPO 8

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

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 11

Management IPO Diversity Long-term 11

Harvard Business Review

DECEMBER 30, 2014

The typical enterprise software startup that IPOs is at least 7 years old (to say nothing of those that try and fail). In the year before Google IPO’d, it did about $962 million in revenue. We’re in an up market and people are more excited about technology than ever before. Staying power is vital for innovation.

Long-term 11

Long-term Innovation Company IPO 11

Harvard Business Review

MAY 11, 2016

One of the oldest business models in the world is using new technology to trample traditional businesses, drive innovation, and create new and immense sources of value. They operate platforms that make it easy and efficient for participants to connect and exchange value. And it’s not just these humongous companies.

Participative 8

Participative Business Model IPO B2B 8

Harvard Business Review

APRIL 13, 2015

In Africa’s technology start-up scene, one of the most difficult challenges is attracting and retaining talent. With limited exit opportunities via initial public offers ( IPOs ) and acquisitions, smart young people understand that stock options rarely bring a big payday.

Venture Capitalist 8

Venture Capitalist IPO Entrepreneur Banking 8

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 14

Banking Strategy Film IPO 14

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 12

Venture Capitalist Due Diligence Finance Long-term 12

Harvard Business Review

APRIL 18, 2014

Even what appears to be a small investment risk can turn into a big one, especially when information technology comes into play. 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. Forecasting acumen.

CFO 8

CFO Venture Funding IPO Retail 8

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. My job is to sort out the companies with potential from those that need to go back to the drawing board. Hyundai is an -er brand.

Brand 10

Brand IPO Marketing Strategy Airlines 10

Harvard Business Review

AUGUST 10, 2016

On August 1 Uber announced that it is selling its Chinese brand and operations to Didi Chuxing for $1 billion, its annual burn rate in that market, in exchange for a 20% stake in the local competitor. The $1 billion burn rate in China was reportedly holding up its IPO, not just its expansion in other parts of the world.

Network Economy 8

Network Economy Globalization Discount Constraint 8

Harvard Business Review

MAY 24, 2013

I used to think our great technology would take us to leadership in our market — now I realize it is our team, our organization, our marketing and our ambition to sell. Voltaire got the technology down pat but struggled with selling a product that enterprise customers were leery of. Sale is a big part of scale.

Entrepreneur 8

Entrepreneur IPO Open-book Marketing 8

Harvard Business Review

MARCH 4, 2016

But as a venture scales and becomes more complex , more operational and commercial sophistication is required to manage it. Silicon Valley lore offers examples of exceptional founder-CEOs, such as Salesforce.com’s Marc Benioff, who were able to lead their companies through an IPO.

Venture Capitalist 8

Venture Capitalist Sample IPO Long-term 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 9

Planning Company Crisis Brand 9

Harvard Business Review

AUGUST 6, 2014

By mid-2004, however, the operation was mired in conflict over control and differences in management style. Zhou reportedly felt that the original Yahoos were overpaid and lazy, whereas the Yahoo team felt bullied and believed Zhou wasn’t focused on the Yahoo operations. Not surprisingly, this didn’t sit well with the local team.

Chief Financial Officer 10

Chief Financial Officer Learning-by-Doing Operations IPO 10

Harvard Business Review

JULY 27, 2017

This meant that the company was leaving out huge innovation potential — thousands of startups with billions of funding — that could help BMW innovate anything from core vehicle technology (batteries, sensors, artificial intelligence software) to manufacturing innovations (internet of things, cybersecurity, robotics).

Venture Capitalist 8

Venture Capitalist Meyer Innovation Fixed Costs 8

Harvard Business Review

JANUARY 5, 2011

Instead, ideas, technologies, capabilities, and resources somehow organize themselves to meet the human and financial needs of new ventures. Innocentive is a network that brings together "seekers" with technology challenges with "solvers" all over the world. Let's start with the human side. You get this. We know you get this.

Entrepreneur 15

Entrepreneur Innovation Intellectual Capital Mission Statement 15

Harvard Business Review

JULY 12, 2017

Yet in this short period, digital technologies have upended our world. Digital technology is widespread and spreading fast. Digital technologies are poised to change the future of work. Automation, big data, and artificial intelligence enabled by the application of digital technologies could affect 50% of the world economy.

Innovation 8

Innovation Policies Technology Politics 8

Harvard Business Review

MAY 30, 2013

Investors are involved for the long haul, understanding that startup managers will have to experiment and fail along the way to a successful IPO. Anyone who has operated inside a big corporate will tell you that for any project, you might have an executive mandate. What about a novel technology partnership? or you might not.

Company 9

Company Ries Maturity Innovation 9

Harvard Business Review

SEPTEMBER 10, 2015

In the 1990s it subsidized venture capital, incubators, university R&D, and technology transfer programs. In 2014, for example, 18 IPOs raised a record-breaking $9.8 After all, Israeli entrepreneurs are known to be tenacious and eager to tackle complex technological and entrepreneurial challenges. billion in 2013.

Venture Capitalist 8

Venture Capitalist Entrepreneur Marketing IPO 8

Harvard Business Review

DECEMBER 9, 2010

Why would an IPO be so bad? On it were listed operational rules and four core values: honesty (speak clearly but with respect), enthusiasm (those who don't believe don't belong), transparency (information is available to everyone), and a search for the common good (put yourself in the clients' shoes). Herzlinger is the Nancy R.

Case Study 14

Case Study Franchising Health Care Follow-up 14

Harvard Business Review

FEBRUARY 17, 2011

Nadathur's portfolio includes firms operating in drug discovery research, companion diagnostics, pharmaceutical analytics, reimbursement claims processing, patient relationship management, and specialty healthcare delivery for running clinical trials — and they all work together.

Marketing 15

Marketing Venture Capitalist Biotechnology IPO 15

Harvard Business Review

MARCH 1, 2017

To wit, 45% of financial intermediaries , such as payment networks, stock exchanges, and money transfer services, suffer from economic crime every year; the number is 37% for the entire economy, and only 20% and 27% for the professional services and technology sectors, respectively. How technology is transforming transactions.

Finance 8

Finance IPO Banking Venture Capitalist 8

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. Sponsored by DXC Technology. Insight Center.

Innovation 13

Innovation Productivity Products Venture Capitalist 13

Harvard Business Review

NOVEMBER 6, 2015

This approach is successful for some ventures — mostly for software-related companies with modest initial operating expenses. You get your technology into the market and see who wants it. There’s nothing wrong with being in love with tech; we’ve all been there, because new technology enables innovative ventures.

Venture Capitalist 8

Venture Capitalist Entrepreneur IPO Wireless 8

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. Like conglomerates, Alibaba’s businesses have separate boards, and even separate technology teams and platforms.

IPO 12

IPO Welch Strategy Long-term 12

Harvard Business Review

JANUARY 14, 2014

The company, founded in 1996 by an engineer from Xerox’s legendary Palo Alto Research Center , Pradeep Sindhu (who remains its chief technology officer and vice chairman), was one of the highest flyers of the fin de siècle tech stock boom. Finance Tech industry Technology' Maybe it’s both.

Hedge 8

Hedge Chief Technology Officer Maturity IPO 8