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Hire a Great Chinese Engineer by Impressing His Girlfriend's Mom

Harvard Business Review

I thought hiring good engineers would be easy when I launched my startup, Julu Mobile , in Shanghai in early 2011. They wanted to know what my plans were for IPO. For example, in Beijing the price of an apartment has tripled since 2005 , averaging 27 times the average annual household income, five times the international average.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. By 2005, eBay was already being locally outmatched — by none other than Jack Ma’s Taobao.

Insiders

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The Dell Deal Explained: What a Successful Turnaround Looks Like

Harvard Business Review

How Dell went from dorm room startup in 1984, to the world''s largest PC maker in 2005, and then saw its stock plummet precipitously the next year, is the subject of a lengthy Harvard Business School case study by HBS professor Jan Rivkin. A Short History of Dell.

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

For example, IMCD, now a global leader in specialty chemicals distribution, made some forty acquisitions and quintupled its revenues since its carve-out from IM twenty years ago, while having been owned by three different private equity investors prior to its IPO in 2014.

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A Story from Google Shows You Don’t Need Power to Drive Strategy

Harvard Business Review

Brian Fitzpatrick joined Google as a senior software engineer in 2005, shortly after the company’s IPO. Their crowning achievement was a service launched in 2011 called Google Takeout, a unified site for exporting user data from multiple services like Gmail and Google Photos.

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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business Review

The number of listed firms can decline because of three developments: 1) bankruptcy, failure, or closure of listed firms, 2) delisting of firms going private or acquired, and 3) decrease in number of initial public offerings (IPOs). Furthermore, doing IPO is not only an expensive proposition, it also consumes managerial time and energy.

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How Chinese Companies Can Develop Global Brands

Harvard Business Review

Also, while China’s outward-bound foreign direct investment (FDI) has grown from an annual average of below $3 billion before 2005 to more than $60 billion in 2010 and 2011, only one third of Chinese companies have seen international revenue meet expectations, according to Accenture. That may say more about the xenophobia of U.S.

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