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WeWork Bankruptcy Filing—What Does This Mean for Employees?

HR Digest

The startup had been well on its way to initiating an IPO back in 2019 but the pandemic drove the idea completely out of the works. After its first failed IPO attempt, the company struggled to bring its valuation up at all. According to the latest updates on WeWork Inc., only WeWork’s U.S.

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Under Fire, Microfinance Faces Falling Out of Favor

Harvard Business Review

Microfinance has come under fire in the past 18 months, triggered in part by SKS Microfinance's IPO. Critics complain that the institutions supporting microfinance have become too greedy, and many are using this as an argument to deeply regulate or, even more, cut support to microfinance operations. It is an institutional failure.

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What Spinning Off a GE Business Taught Me About Managing Ultra-Fast Change

Harvard Business Review

Major organizational changes, covering everything from recruiting and branding to regulatory approvals and marketing, happened in rapid succession, with a hard deadline of 12 months to get it all done for the IPO — and 18 months from the IPO until our full separation from GE. Would employees have the same number of vacation days?

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Myths of the Gig Economy, Corrected

Harvard Business Review

Dara Khosrowshahi, the CEO of Uber, the ride-sharing giant, proudly declared on September 10 that “very few brands become verbs” The same week Upwork, a platform for hiring freelancers, filed for an IPO, as did Fiverr , which boasts that it offers a “freelance services marketplace for the lean entrepreneur.”

Quinn 15
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How Blockchain Is Changing Finance

Harvard Business Review

Given the promise and peril of such a disruptive technology, many firms in the financial industry, from banks and insurers to audit and professional service firms, are investing in blockchain solutions. What is driving this deluge of money and interest? Most firms cite opportunities to reduce friction and costs. Insight Center.