Remove 2004 Remove IPO Remove Operations Remove Technology
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Should Everyone Be Allowed to Invest in Private Tech Companies?

Harvard Business Review

They therefore seek investors who understand their initial losses and can facilitate secondary rounds of funding when their operations grow. Gone is the heyday of the 1990s when firms with simply an idea and little or no revenues could do an IPO. Digital startups often seek to grow quickly and so report large losses.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

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. We were optimistic about Yahoo’s future in China as the deal closed in January 2004. In the media and internet industries, it turns out to be very important when operating in China.