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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. -
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? -
Research: How Cloud Computing Changed Venture Capital
Technology & Operations Digital ArticleIt made the "spray and pray" approach more common. -
Samsung's Corporate Venturing Strategy
Strategy & Execution Digital ArticleMark Twain is supposed to have said that "History doesn't repeat itself, but it does rhyme." It's apparently a belief shared by many stock market analysts,... -
Eclipse of the Public Corporation
IPOs Magazine ArticleNew organizations are emerging in its place—organizations that are corporate in form but have no public shareholders and are not listed or traded on organized exchanges. These organizations use public and private debt, rather than public equity, as their major source of capital. Their primary owners are not households but large institutions and entrepreneurs that […] -
Just How Risky Is Entrepreneurship, Really?
Innovation & Leadership Digital ArticleThere are two views on entrepreneurship in America: the first (largely feigned), that it is a pure virtue like freedom of speech or religion, and the... -
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 […] -
What Wall Street Wants to See From Twitter’s Executives (and Why It’s Wrong)
Finance and investing Digital ArticleThe market cares about a company’s leaders, not just its metrics. -
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. -
Rescuing ESG from the Culture Wars
Business and society Digital ArticleWhat started as a tool for investors to understand risk has become weaponized by both ends of the U.S. political spectrum. -
How I Did It: Google’s CEO on the Enduring Lessons of a Quirky IPO
IPOs Magazine ArticleThe Idea: When Google announced its intention to go public, in 2004, all eyes were on its unorthodox strategy. Here’s how it played out. -
A Tool for Balancing Your Company's Digital Investments
Finance & Accounting Digital ArticleTake a portfolio approach. -
In India, Distribution is God
Innovation & Leadership Digital ArticleThere are billions of potential customers, but can you reach them? -
Sharpening the Intangibles Edge
Finance & Accounting Magazine ArticleIntangible assets--patents and know-how, brands, a skilled workforce, strong customer relationships, software, unique processes and organizational designs,... -
VCs’ Strange, Instinctual Need to Replace Founders
Venture capital Digital ArticleData show that replacing a founder often destroys value. So why is it such a common practice?
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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... -
Wilderness Safaris: Impact Investing and Ecotourism Conservation in Africa
Leadership & Managing People Case Study11.95View Details In 2018 the majority ownership of publicly owned Wilderness Safaris, the leading high-end ecotourism company in Africa with safari operations in eight... -
Transforming Tommy Hilfiger (B)
Strategy & Execution Case Study5.00View Details Supplement for Transforming Tommy Hilfiger (A), 714451. -
Finance Reading: Cost of Capital
Finance & Accounting Tool40.00View Details This Reading introduces practical problems encountered when estimating and applying the cost of capital in a DCF valuation. It applies, but does not derive,... -
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... -
Should I Rent My Condo? Assessing Risks of a Property Investment
Strategy & Execution Case Study11.95View Details In early 2018, Diana Mulhall was undertaking a career change that would eliminate the need for frequent business trips to Toronto. As a result, she wondered... -
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... -
DLC Management Corporation: Securing Its Future
Strategy & Execution Case Study11.95View Details This case describes the founding and growth of a commercial real estate business by a father-son partnership up to the point of deciding whether to stay... -
Alibaba vs. JD.com: An Analysis of Financial Statements and Investment Value
Finance & Accounting Case Study11.95View Details This case describes how Alibaba and JD built their business empires and delivered results using their respective business models after going public. Shortly... -
DexAI
Management Case Study11.95View Details During a challenging fundraising environment, the DexAI founders received two term sheets with nearly identical economic terms but very different legal... -
Husk Power Systems: Financing Expansion
Finance & Accounting Case Study11.95View Details Husk Power Systems, a young but widely celebrated firm based in India, needs $1.5 million to $2.5 million of expansion capital to grow quickly beyond... -
Codensa: Decisions Made
Global Business Case Study5.00View Details Supplement for case SKE147. -
Nextel Peru: Emerging Market Cost of Capital
Finance & Accounting Case Study8.95View Details NII Holdings, Inc. is a U.S. firm with headquarters in Reston, Virginia, and wireless telephony operations under the Nextel brand in Argentina, Brazil,... -
MOVE Guides (C)
Innovation & Entrepreneurship Case Study5.00View Details Having decided to go where her customers wanted to take her, CEO Brynne Kennedy had led MOVE Guides into the managed-moves market segment, in addition... -
3P Turbo - Cross Border Investment in Brazil
Finance & Accounting Case Study11.95View Details Faced with uncompetitive regulation, the founder of 3P Turbo, Jason Starks, was contemplating setting up a facility to manufacture automobile turbochargers... -
Microsoft's IP Ventures
Innovation & Entrepreneurship Case Study11.95View Details Microsoft's IP Ventures program, through which Microsoft spun out promising but unused technologies into new companies, is a new approach to corporate... -
Ant Group's Suspended Initial Public Offering: The Disrupter, Disrupted
Management Case Study11.95View Details When regulators suspended the high profile initial public offering (IPO) of the Chinese fintech company Ant Group, investors and businesspeople were surprised... -
Albert "Jack" Stanley in Nigeria (A)
Technology & Operations Case Study11.95View Details The international joint venture that successfully bid for $6 billion in contracts to build LNG trains on Nigeria's Bonny Island became entangled in a... -
Constellation Brands' Investment in Canopy Growth: Aiming High
Finance & Accounting Case Study11.95View Details In 2017, Constellation Brands, the U.S. based beverage company, acquired a 9.9% equity interest in the Canadian marijuana company, Canopy Growth. In 2018,... -
Impact Makers (A): The Newman's Own of Management Consulting
Finance & Accounting Case Study11.95View Details This case requires students to evaluate alternative dual-share-class corporate structures that allow companies and entrepreneurs to pursue profit with...
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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... -
Wilderness Safaris: Impact Investing and Ecotourism Conservation in Africa
Leadership & Managing People Case Study11.95View Details In 2018 the majority ownership of publicly owned Wilderness Safaris, the leading high-end ecotourism company in Africa with safari operations in eight... -
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. -
Finance Reading: Cost of Capital
Finance & Accounting Tool40.00View Details This Reading introduces practical problems encountered when estimating and applying the cost of capital in a DCF valuation. It applies, but does not derive,... -
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. -
Should I Rent My Condo? Assessing Risks of a Property Investment
Strategy & Execution Case Study11.95View Details In early 2018, Diana Mulhall was undertaking a career change that would eliminate the need for frequent business trips to Toronto. As a result, she wondered...