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How Private Equity Firms Infuse a Positive Attitude
Private equity Digital ArticleTimes change and markets transform themselves overnight. The half-life of common wisdom is shorter than ever. But top private equity firms have distilled a set of institutional habits that boost the likelihood of their success. What’s critical to this success? Attitude. PE leaders take pains to foster a “results-oriented mind-set”. In short, that means creating […] -
My First, Failed Foray into Venture Investing
Venture capital Digital ArticleI love hearing about other people’s dreams. “Dreams,” as in: “this is what I always wanted to do with my life.” Tell me about your dream, and like Pavlov’s dogs, I begin to salivate. I almost can’t help it — encouraging people and their dreams makes me happy, and I am good at it. In […] -
Groupon Doomed by Too Much of a Good Thing
Venture capital Digital Article“Alright, you caught us. We’re actually not making any money. In fact, we are really losing a lot of money.” This is the essence of Groupon’s declaration last week that it will remove the controversial accounting metric called Adjusted Consolidated Segment Operating Income (ACSOI) from its financial statements. ACSOI essentially measures Groupon’s profits before subtracting […] -
The Role of Private Equity in Driving Up Health Care Prices
Competitive strategy Digital ArticleIt prioritizes short-term profits over patients’ health. -
Entrepreneurship: A Working Definition
Innovation & Leadership Digital ArticleBeing clear on what it means is not just an academic exercise. -
Bootstrap Finance: The Art of Start-ups
Entrepreneurial financing Magazine ArticleEntrepreneurship is more celebrated, studied, and desirable than ever. Business school students flock to courses on entrepreneurship. Managers, fearful of losing their step on the corporate ladder, yearn to step off on their own. Policymakers pin their hopes for job creation and economic growth on start-ups rather than on the once-preeminent corporate giants. Belief in […] -
The One Thing VCs Could Do Immediately to Increase Returns
Consumer behavior Digital ArticleHow investors can start seeing more opportunities. -
There Are Only Two Types of Venture-Backed Companies
Venture capital Digital ArticleWhat type is yours? -
How the Geography of Startups and Innovation Is Changing
Global Business Digital ArticleIt's more global, more urban, and more winner-take-all. -
Angel or Devil: Who’s Really Investing In Your Start-Up?
Entrepreneurship Digital ArticleInvestors can make entrepreneurs doubt their own abilities. -
The Top 20 Start-Up Accelerators in the U.S.
Entrepreneurial financing Digital ArticleA quantitative ranking. -
The President of SRI Ventures on Bringing Siri to Life
Disruptive innovation Magazine ArticleBefore it could become part of every iPhone, the “virtual personal assistant” had to cross innovation’s valley of death. -
Private Equity and the Ownership Decision
Decision making and problem solving Digital ArticleA few months back I wrote about micro-decisions and how they can add up to macro money. But as a student of decision-making I would be remiss if I didn’t point out that one big decision — who will own an organization — has a massive effect on performance, culture, and organizational effectiveness. I’m prompted […] -
Institutional Investors Must Help Close the Race and Gender Gaps in Venture Capital
Global Business Digital ArticleThree proven strategies to make a difference. -
Business Basics at the Base of the Pyramid
Economics Magazine ArticleWhy should business among the very poor be different than it is anywhere else? Listen to customers, standardize processes, and don’t be afraid to make a profit. -
VCs' Strange, Instinctual Need to Replace Founders
Innovation & Leadership Digital ArticleData show that replacing a founder often destroys value. So why is it such a common practice? -
Entrepreneurs Versus Executives at Socaba.com
Venture capital Magazine ArticleJoe Castle, cofounder of Socaba.com, pushed open the door to Dave Souza’s apartment with his shoulder. He was balancing two pizzas and a six-pack of local microbrew in his arms. Dave, meeting him just as the door swung open, took the pizzas from him. “We’ve got to stop meeting like this,” he said with mock […] -
Venture Financing and Entrepreneurial Success
Innovation & Leadership Digital ArticleDoes high-quality venture financing increase the success of funded ventures? My co-authors, Josh Lerner of HBS and Antoinette Schoar of MIT, and I define... -
Make Decisions with a VC Mindset
Organizational decision making Magazine ArticleThe key is to embrace risk, disagreement, and agility. -
When Do Consumers Prefer Crowdfunded Products?
Entrepreneurial financing Digital ArticleOne study found that people were willing to pay about 21% more for a product when they were told it was crowdfunded.
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The Elcer Products Transaction: Confidential Information for US Industrial ElectroCeramics (US-IND)
Strategy & Execution Case Study8.95View Details In a six-party negotiation exercise, the TNDA Corp. plans to sell the Elcer Products Division to one of four potential buyers (industrial, financial,... -
Finberg: Corporate Venture Capital in Türkiye
Management Case Study11.95View Details In December 2021, Murat Ozyegin, Chairman of Fiba Holding, along with Omer Mert and İhsan Elgin, engaged in discussions about the future of United Payment,... -
Whaling Ventures
Finance & Accounting Case Study11.95View Details Whaling was a prominent global industry in the nineteenth century and the United States was dominant. By 1850 there were about 900 whaling ships in the... -
CARLYLE GROUP AND THE AZ-EM BUYOUT (B): VALUE CREATION AFTER THE TRANSACTION
Leadership & Managing People Case Study5.00View Details Supplement for IMD484 -
The Elcer Products Transaction: Confidential Information for Elcer Products Division President
Strategy & Execution Case Study8.95View Details In a six-party negotiation exercise, the TNDA Corp. plans to sell Elcer Products Division to one of four potential buyers (industrial, financial, U.S.,... -
Drugstore.com
Technology & Operations Case Study11.95View Details On a clear day in August 1999 in the new headquarters of drugstore.com, against a backdrop of the Blue Angels flying in formation over Lake Washington... -
ghSMART, 2006: Pioneering in Professional Services
Innovation & Entrepreneurship Case Study11.95View Details Geoff Smart, founder and CEO of ghSMART & Co., wanted to build ghSMART into the #1 management-assessment firm for CEOs and investors. However, he had... -
Framedia (A)
Finance & Accounting Case Study11.95View Details Examines an acquisition in the highly competitive new media advertising industry in China in late 2005. The transaction leads to eventual consolidation... -
Vermeer Technologies (A): A Company Is Born
Innovation & Entrepreneurship Case Study11.95View Details Charles Ferguson has just heard from a venture capital (VC) consortium that it is willing to finance Vermeer Technologies, a company he has cofounded... -
Venture Capital in Israel: Emergence and Globalization
Strategy & Execution Case Study11.95View Details In-depth look at the emergence of venture capital (VC) in Israel, tracking not only the industry itself, but also its many drivers, including high technology... -
The Florange Law: Encouraging Long-Termism in Equity Markets?
Finance & Accounting Case Study8.95View Details This note provides background information on a French law ("the Florange law") passed in 2014 that the French government said would encourage long-term... -
Sula Vineyards (A): Indian Wine - Ce n'est pas possible!
Finance & Accounting Case Study11.95View Details The case focuses on the risks and rewards of early-stage investing in a successful emerging market consumer start-up (i.e. non-tech), from seed funding... -
Startup Capital Ventures in China
Global Business Case Study11.95View Details John Dean and Danny Lui began raising their first fund as Startup Capital Ventures (SCV), a small venture capital firm in 2005. They made a soft commitment... -
SKYETON: THE SKY IS NO LONGER THE LIMIT
Strategy & Execution Case Study11.95View Details Ukrainian founder Aleksandr Stepura wants to grow his civilian drone-manufacturing startup Skyeton. Thanks to a local pool of aeronautical expertise inherited... -
Digital Media Group: The Shanghai Bid
Innovation & Entrepreneurship Case Study11.95View Details In December 2008, Thomas G. Tsao, acting CEO of Digital Media Group (DMG), a venture-backed provider of technology and media used primarily in subways,... -
Intel Research: Exploring the Future
Technology & Operations Case Study11.95View Details It is 2004 and David Tennenhouse, the director of Intel Research, is reviewing the organization he has built since 2000. Intel Research was charged with... -
TruthCRM Competitive Auction in Mergers and Acquisitions: Instructions for Magic Beans Team
Management Case Study8.95View Details The TruthCRM case provides students with an interactive simulation of the competitive auction process to maximize value for a company involved in an acquisition.... -
Horizon Group
Innovation & Entrepreneurship Case Study11.95View Details Contains a description of a situation confronting the co-founder of a company planning to produce software for microcomputers. The company has just completed... -
Barclays Capital and the Sale of Del Monte Foods
Finance & Accounting Case Study11.95View Details This case explores the reputational and legal issues that arise as Barclays Capital attempted to manage client conflicts by following established industry... -
Dave and Millie: A Tale of Two Entrepreneurs
Innovation & Entrepreneurship Case Study11.95View Details Two entrepreneurs have just been told by their venture capital backer to prepare a list of possible cuts to help them weather the 2008-2009 economic downturn....
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Oregon Public Employees Retirement Fund: Push and Pull Over GP/LP Compensation
Innovation & Entrepreneurship Case Study11.95View Details The case is designed to explore the structure and rationale behind the standard compensation arrangements in the private equity (PE) industry. It effectively... -
How Private Equity Firms Infuse a Positive Attitude
Private equity Digital ArticleTimes change and markets transform themselves overnight. The half-life of common wisdom is shorter than ever. But top private equity firms have distilled a set of institutional habits that boost the likelihood of their success. What’s critical to this success? Attitude. PE leaders take pains to foster a “results-oriented mind-set”. In short, that means creating […] -
My First, Failed Foray into Venture Investing
Venture capital Digital ArticleI love hearing about other people’s dreams. “Dreams,” as in: “this is what I always wanted to do with my life.” Tell me about your dream, and like Pavlov’s dogs, I begin to salivate. I almost can’t help it — encouraging people and their dreams makes me happy, and I am good at it. In […] -
Groupon Doomed by Too Much of a Good Thing
Venture capital Digital Article“Alright, you caught us. We’re actually not making any money. In fact, we are really losing a lot of money.” This is the essence of Groupon’s declaration last week that it will remove the controversial accounting metric called Adjusted Consolidated Segment Operating Income (ACSOI) from its financial statements. ACSOI essentially measures Groupon’s profits before subtracting […] -
Transforming Tommy Hilfiger (B)
Strategy & Execution Case Study5.00View Details Supplement for Transforming Tommy Hilfiger (A), 714451. -
Bain Capital: Outback Steakhouse
Finance & Accounting Case Study11.95View Details Bain Capital had purchased Outback Steakhouse in 2007 and despite the myriad initiatives to improve operations, the financial collapse in 2008 threatened... -
The Role of Private Equity in Driving Up Health Care Prices
Competitive strategy Digital ArticleIt prioritizes short-term profits over patients’ health. -
MIPS Computer Systems
Innovation & Entrepreneurship Case Study11.95View Details Explores many of the issues that face rapidly growing venture-backed companies in high technology industries. Provides an opportunity for students to... -
Women in Venture Capital: Cindy Padnos and Aileen Lee
Innovation & Entrepreneurship Case Study11.95View Details This case focuses on Cindy Padnos's and Aileen Lee's experiences founding their own VC firms. It introduces some of the tradeoffs and challenges facing... -
Chris Lee's Investment Plan
Leadership & Managing People Case Study11.95View Details In December 2012, a young worker in Toronto wants to invest $50,000 savings. He needs to decide the equity portfolio that will result in the lowest risk...