Remove Career Remove Finance Remove Innovation Remove IPO
article thumbnail

Venture Capitalists Get Paid Well to Lose Money

Harvard Business Review

Booming public equities and a recovered IPO market generated record portfolio company exits and distributions from VC funds. Investors have perpetuated a compensation structure where VCs can generate significant personal income over their career, even when they make no money for their LPs. The VC industry has failed to innovate.

article thumbnail

Many CEOs Aren’t Breakthrough Innovators (and That’s OK)

Harvard Business Review

Innovation is widely regarded as important to long-term business performance. However, CEOs often don’t have the career background and education that would equip them to personally lead the process of new product development. The data captured a 20-year period, from 1995 to 2014.

CEO 8
article thumbnail

What Apple Should Do with Its Massive Piles of Money

Harvard Business Review

As I pointed out in my earlier post , the only funds that Apple ever raised on the public stock market was $97 million (about $274 million in today’s dollars) at its IPO in 1980. Yet these careers and the returns that they can generate are not guaranteed. Social innovation. Employee incentives. Social investment.