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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. The idea was simple: Combine the best of both companies into the new Yahoo China, which was projected to generate more than $25 million in revenue in 2004.

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Leadership Teams: Why Two Are Better Than One

Harvard Business Review

We became involved with the company, which produces inventory software, in 2004 when one of us (David) was sent by the prior majority investor to shut the fledgling company down. Instead, seeing the potential in the product and commitment of employees, we came up with financing to buy out the investor and keep the company operating.

Team 15
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How Chinese Subsidies Changed the World

Harvard Business Review

This news followed the bankruptcy in March of Wuxi Suntech , the main operating subsidiary of the world''s largest maker of solar panels, after it defaulted on a $541 million bond payment. In 2000, labor-intensive products constituted 37% of all Chinese exports; by 2010, this fell to 14%. In parallel, from 2004 to 2011, U.S.

Bond 8
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Could a Four-Year-Old Do What Carl Icahn Does?

Harvard Business Review

In 2010 it was $900 million — seventh place. After using borrowed money in the 1980s and 1990s, then opening up a hedge fund in 2004, he has since 2011 basically just been managing his own money. Apple Finance Skill vs. luck' He reportedly took home compensation of $1.7 In 2012 it was $1.9 billion , putting him in second place.

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The Real (and Imagined) Problems with the U.S. Corporate Tax Code

Harvard Business Review

companies don’t pay taxes on debt-financed investments, which amounts to a subsidy. After-tax profits are at historically high levels; they were more than 50% higher as a share of GDP in the years 2010-2015 than they were over the prior 20 years. And in practice, the foreign income of U.S. Further, U.S.