Harvard Business Review

JUNE 18, 2015

We also know that private equity funds have outperformed public equity markets over the last three decades , even after the fees they charge are accounted for. In particular, we are interested in how many of their responses correlate with what academic finance knows and what it teaches.

CAPM 8

CAPM Discounted Cash Flow Company Rate of Return 8

Harvard Business Review

AUGUST 5, 2014

Booming public equities and a recovered IPO market generated record portfolio company exits and distributions from VC funds. The industry realized its highest returns since the Internet boom. There are, of course, individual firms that succeed in generating venture rates of return.

Venture Capitalist 16

Venture Capitalist Asset Management Rate of Return Industry 16

Harvard Business Review

JUNE 8, 2018

Impact investors over the past decade largely focused on proving that impact investments could achieve a “market rate” or above return profile. Making something wildly profitable will of course attract the attention of financial markets, and thus increase the chances it will scale effectively.

Microfinance 8

Microfinance IPO Real Estate Industry 8

Harvard Business Review

JULY 31, 2014

Finally, innovation in the financial markets are funding novel approaches to address these problems. How did Sal Khan finance his venture? His backers believe that investing in Khan Academy represents one of the highest returns in improving education around the world (see this HBS case for more on how funders decided to get involved).

Bond 10

Bond Education Finance Video 10

Harvard Business Review

OCTOBER 27, 2014

He is no Jim Simons , using his mathematical genius to outsmart the market in (to an outsider) incomprehensible ways. r>g: Economist Thomas Piketty’s formula for spiraling wealth inequality, in which the rate of return on capital is higher than economic growth, has its critics. But applied to U.S. But applied to U.S.

Hedge 8

Hedge Venture Capitalist Letter Reputation 8