Harvard Business Review

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies.

Industry 10

Industry Short-term Planning Long-term 10

The Practical Leader

JANUARY 25, 2012

technologies and a corresponding culture of participation and disclosure, whereby millions of people are publishing their experiences and opinions online. .” technologies and a corresponding culture of participation and disclosure, whereby millions of people are publishing their experiences and opinions online. .”

Company 53

Company IPO Ethics Magazine 53

Harvard Business Review

FEBRUARY 17, 2017

In light of Snap’s IPO , there has been an immense amount of speculation about the long-term viability of the company’s strategy. The conventional wisdom holds that every industry is being disrupted and all the rules have changed. But have they?

IPO 8

IPO Productivity Products Strategy 8

Harvard Business Review

OCTOBER 26, 2011

Between 2006 and 2008, more than $1 billion venture-capital dollars were channeled into startups focused on solar, wind and biofuel technologies. In the last year, however, early-stage investments in clean energy production technologies have fallen substantially (see the table at the end of this piece for more detail).

Energy 10

Energy Finance IPO Biotechnology 10

Harvard Business Review

AUGUST 20, 2018

As a reminder, the dot-com crash was preceded by the dot-com bubble, a five-year period from August 1995 (the Netscape IPO) to March 2000 when there was massive wave of experiments on the then-new internet, including in commerce, entertainment, nascent social media, and search. Then the cycle repeats with a new set of technologies.

IPO 8

IPO First-mover Advantage Business Model Agility 8

Harvard Business Review

FEBRUARY 26, 2018

On February 13, 2018, the New York Times reported that Uber is planning an IPO. Twitter reported a loss of $79 million before its IPO, yet it commanded a valuation of $24 billion on its IPO date in 2013. So their income statements accurately reflect surplus created in that period, similar to industrial companies.

Company 8

Company Intangible Assets Depreciation IPO 8

Harvard Business Review

MARCH 16, 2018

Most of us don’t oversee huge IPOs, but sooner or later, every team faces an unexpected crisis: technology breaks, a competitor makes a disruptive move, a promising project fails, a key employee quits, consumers have a negative reaction to a new product—the list goes on. There is a better way.

Crisis 9

Crisis IPO Film How To 9

Harvard Business Review

APRIL 21, 2016

When financial services company Square priced its IPO at $9 a share last November, well under the $15+ price that private investors paid the year before, it was a cold shower of reality for the 6-year-old company. Until the IPO, Square had been one of more than 130 unicorns: privately owned tech companies valued at $1 billion or more.

IPO 8

IPO Innovation Price Operations 8

Harvard Business Review

JANUARY 29, 2014

As The Wall Street Journal reported in October of last year: This year, shares of newly public technology companies are being valued at 5.6 times sales, estimates University of Florida professor Jay Ritter, who tracks IPOs. Shares of this year’s tech IPOs have risen an average of 26% on their first day of trading.

Venture Capitalist 8

Venture Capitalist IPO Comparison Banking 8

Harvard Business Review

SEPTEMBER 28, 2015

In some cases, companies’ moats have enabled them to survive multiple technology disruptions and industry shifts over time, making their founders some of richest people in the world: think Bill Gates, Carlos Slim, Amancio Ortega, and Larry Ellison.

Stage-Gate 8

Stage-Gate Kaplan Competitive Advantage Intangible Assets 8

Harvard Business Review

OCTOBER 23, 2013

The most motivated and productive people I’ve seen recently work in an older company on the American East Coast deploying innovative technology products to transform a traditional industry. One person says that he can’t let himself think about an IPO. ” “We’re working on the most advanced technology.”

Motivation 9

Motivation IPO Norton Open-book 9

Harvard Business Review

MARCH 28, 2016

Then the banks decided to turn the associations into for-profit companies, IPO them, and cash out. MasterCard IPO’d in 2006, and Visa followed two years later. SSOs comprise a massive, yet almost invisible, industry. Now they are very focused on making money. The SSO is therefore a platform for creating platforms.

IPO 8

IPO Succession Technology Software 8

Harvard Business Review

JULY 18, 2012

These people are the information economy's mom and pop business owners , just more technologically leveraged and profitable than their brick & mortar predecessors. Ever thought air mattresses in living rooms would grow into a billion dollar company that would take on the vacation rental market and the hotel industry?

Venture Capitalist 16

Venture Capitalist Software Entrepreneur Engineering 16

Harvard Business Review

JULY 18, 2012

These people are the information economy's mom and pop business owners , just more technologically leveraged and profitable than their brick & mortar predecessors. Ever thought air mattresses in living rooms would grow into a billion dollar company that would take on the vacation rental market and the hotel industry? But times change.

Venture Capitalist 16

Venture Capitalist Software Entrepreneur Engineering 16

Harvard Business Review

DECEMBER 30, 2014

But it’s more than simple disregard for the quarterly pressures of the public markets that powers these industry behemoths. Consider the industry I call home, enterprise software. Consider the industry I call home, enterprise software. In the year before Google IPO’d, it did about $962 million in revenue.

Long-term 9

Long-term Innovation Company IPO 9

Harvard Business Review

FEBRUARY 17, 2011

The reason for the interest in in part because the industry has suffered from poor returns on investment over the last decade; indeed, some sectors, including biotechnology, report negative aggregate returns. The supporting industries that an early-stage tech start-up needs simply don't exist locally.

Marketing 14

Marketing Venture Capitalist Biotechnology IPO 14

Harvard Business Review

JUNE 30, 2016

Amazon, for example, has learned that same-day delivery could increase revenues significantly, and it is also aware that new insurgent start-ups such as Instacart and WunWun are focusing on the instant delivery of certain products, so it has invested in its own delivery fleet, drone technology and more.

Supply Chain 11

Supply Chain Company IPO Talent Management 11

Harvard Business Review

OCTOBER 7, 2016

Here’s a generalized scenario similar to cases we’ve experienced: A hot new mobile technology company lands one of the most successful IPOs of the year. Even a rumor of a breach can trigger a communications crisis. A hacker going by the name of ‘Tumbleweed’ enters a forum and brags that the device can be hacked.

Planning 8

Planning Company Crisis Brand 8

Harvard Business Review

JUNE 9, 2014

But in technology startups, particularly venture-backed technology startups, the current investment climate does not always support that vision. For as long as it has been an industry, these have been the only two ways for a venture capital-backed company to succeed. It is incredibly hard to hold an IPO.

Entrepreneur 8

Entrepreneur Venture Capitalist Mezzanine Short-term 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. LPs have created and perpetuate an industry of such structural economic misalignment that VCs can underperform and not only survive, but thrive.

Venture Capitalist 14

Venture Capitalist Asset Management Rate of Return Industry 14

Harvard Business Review

JULY 24, 2017

I wouldn’t be surprised if the statistics are worse in my industry, financial services, where so many companies are large, global, regulated, and structurally complex. We hired roughly 1,000 new employees in approximately 15 months to build our operations, human resources, compliance, and technology teams. (We

Management 9

Management IPO Diversity Long-term 9

Harvard Business Review

AUGUST 15, 2013

You''re CEO of a once great company, now beleaguered on all sides by competitors and a rapidly changing industry. Lerner has another paper relevant to the Dell case, which looks at the performance of buyout companies'' stock prices after they IPO, including public firms taken private in the deal. How do you get back on top?

Rivkin 15

Rivkin Succession Short-term Case Study 15

Harvard Business Review

MARCH 6, 2012

When big business leaders think about social media they tend to focus on three things: innovative technologies, marketing applications, and IPOs — the three factors that make Facebook and Twitter so hot. In fact, they're taking over what used to be a central function of the downsized news industry: watchdog reporting.

White Paper 10

White Paper IPO Media Film 10

Harvard Business Review

SEPTEMBER 16, 2014

My recent Harvard Business School Working Paper on small business credit explores new technology-driven entrants in the world of small business lending. For now, the blended models based on personal scores and business-specific data continue to be the industry standard. In August, OnDeck announced an IPO valued at $1.5

Credit Scoring 9

Credit Scoring Banking Dunning Metrics 9

Harvard Business Review

FEBRUARY 29, 2012

also has a vibrant IPO system to take companies public. With foreign technology companies doing mostly of the trading in Africa, combined with a porous IPR system in the region, tech startups have limited opportunities for acquisition. But for entrepreneurs in developing nations, especially Africa, the exit strategy can be a challenge.

Entrepreneur 13

Entrepreneur Exit Strategy Development Real Estate 13

Harvard Business Review

MAY 30, 2014

Any journalist who has spent time in or near the tech industry knows about, and looks forward to Mary Meeker’s annual Internet Trends Report. It houses a ridiculous volume of data about where the tech industry (and thus, the economy) is pointed. Internet Tech industry Technology' It’s an annual report.

Trends 8

Trends Report Analysis Industry 8

Harvard Business Review

SEPTEMBER 16, 2014

My recent Harvard Business School Working Paper on small business credit explores new technology-driven entrants in the world of small business lending. For now, the blended models based on personal scores and business-specific data continue to be the industry standard. In August, OnDeck announced an IPO valued at $1.5

Credit Scoring 8

Credit Scoring Banking Dunning Metrics 8

Harvard Business Review

MAY 11, 2016

One of the oldest business models in the world is using new technology to trample traditional businesses, drive innovation, and create new and immense sources of value. Today, though, matchmakers are turbocharged — powered by the cloud, broadband, microprocessors, software, and other modern technologies.

Participative 8

Participative Business Model IPO B2B 8

Harvard Business Review

NOVEMBER 7, 2018

In recent years, much has been written about how the Blockchain is poised to transform traditional industries such as banking, real estate, and healthcare. One of the benefits of blockchain technology is that it is immune to centralized parties making changes of their own accord. Renee Comet/Getty Images. How ICOs Constrain.

Cost 8

Cost Decentralization Finance Entrepreneur 8

Harvard Business Review

JANUARY 5, 2011

As Dick Morley — an MIT manufacturing innovator with deep experience in the auto industry — put it to us, "the trouble with big companies is that they take nice high-risk, high-return opportunities, then manage the risk out of them to the point that there's no return left." Certainly, that's a fair accusation. You get this.

Entrepreneur 14

Entrepreneur Innovation Intellectual Capital Mission Statement 14

Harvard Business Review

JULY 21, 2014

“Other companies with slicker marketing were gaining market share even though they had inferior technology,” Mason says. Mason decided to pitch a total rebranding — a new logo, new tagline, and new copy and photography for ads and communications — to the new executive team brought in to prep the company for an IPO. The price tag?

IPO 8

IPO Audience Chief Information Officer Case Study 8

Harvard Business Review

FEBRUARY 8, 2017

For instance, Snapchat’s recent IPO filing revealed that the company grew revenues by 600% (to $404 million) in 2016. Adding to this angst are the feverish predictions of industry pundits who believe today’s corporate dinosaurs are about to be wiped out by giant unicorn-shaped asteroids. has steadily increased.

Innovation 8

Innovation Bureaucracy IPO Bottom-up 8

Harvard Business Review

AUGUST 2, 2016

The power of digital platforms to profitably disrupt industries continues to impress. Before the company’s $155 billion IPO in 2014 — the largest initial public offering in history — he observed, “we want to help small businesses grow by solving their problems.” What really makes them work?

IPO 8

IPO Human Capital Insurance Business Model 8

Harvard Business Review

JULY 27, 2017

This meant that the company was leaving out huge innovation potential — thousands of startups with billions of funding — that could help BMW innovate anything from core vehicle technology (batteries, sensors, artificial intelligence software) to manufacturing innovations (internet of things, cybersecurity, robotics).

Venture Capitalist 8

Venture Capitalist Meyer Innovation Fixed Costs 8

Harvard Business Review

APRIL 13, 2015

When markets or technologies change, it often requires entire segments of the value network to be reimagined. Meanwhile, sensor technology is both proliferating and dropping in cost, allowing the types of data captured by businesses to become ever more contextually relevant. And it’s not all basic cloud software.

Software 8

Software Trends Mass Marketing Marketing 8

Harvard Business Review

SEPTEMBER 30, 2011

Since filing their S-1 ahead of their potential IPO , Groupon scrutiny has been intense. Realizing that perhaps their customers are giving away the worm without the hook, Groupon themselves also released a competing card-linked rewards platform technology. More and more, sales costs are rising and subscribers are buying fewer Groupons.

Incentives 12

Incentives Loyalty Discount IPO 12

Harvard Business Review

DECEMBER 8, 2010

It's built on a set of institutions crafted in and for the industrial age — like annual and quarterly reports. That's why the traditional understanding of everything from GDP to " jobs " to " profit " to " IPO " is limited. Take transparency in corporations.

GDP 15

GDP Hypercompetition IPO Information 15