Harvard Business Review

SEPTEMBER 4, 2017

Construction equipment and disk-drive manufacturing required heavy machinery, distribution facilities, and immense amounts of working capital. In today’s world the most pointed disruptive threats look different. Asset-light businesses are not financed with debt. They are not asset-heavy. They are asset-light.

Christensen 8

Christensen Finance Innovation B2B 8

Harvard Business Review

MARCH 21, 2011

To paraphrase from "The Music Man," I am a sadder but definitely a wiser girl after this first encounter with venture financing, as this experience has become a well of lessons from which I draw daily in my personal and professional life. And because my husband and I were the providers of working capital, I had the luxury of being cavalier.

Due Diligence 14

Due Diligence Magazine SWOT Christensen 14

Harvard Business Review

SEPTEMBER 8, 2014

There are basically four ways to create that value: (1) invest in projects that earn more than their cost of capital; (2) increase profits from existing capital investments; (3) reduce the assets devoted to activities that earn less than their cost of capital; and (4) reduce the cost of capital itself.

Debt to Equity Ratio 8

Debt to Equity Ratio Cost of Capital Strategy Incentives 8