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A Quiet Revolution in Clean-Energy Finance

Harvard Business Review

A star example is Google, which raised a mere $40 million in private funding before its IPO at a $23 billion valuation. Despite these gloomy headlines, three developments in the sector give us hope that the revolution in clean energy production is far from dead: 1.

Energy 11
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How the Market Ruined Twitter

Harvard Business Review

The quote comes from author, tech thinker, and now public-TV personality Steven Johnson: “The history of the Internet suggests that there have been cool Web sites that go in and out of fashion and then there have been open standards that become plumbing,” he told David Carr of The New York Times in January 2010. billion in less than a year.

Insiders

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. So with Alibaba, we realized we needed to be willing to give up all operating control.

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Enabling the Natural Act of Entrepreneurship

Harvard Business Review

I met Slovenian entrepreneur, Sandi Cesko, in 2007 when his Ljubljana -based multi-channel retail operation, Studio Moderna , had about $70 million in sales. Real entrepreneurs don''t mind paying taxes, so develop a clear, right-sized and strictly enforced tax system. Even better. Taxes per se do not hinder entrepreneurship.

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

A 2010 meta-analysis detailed many of the different issues that make divestiture so hard to evaluate consistently. But a study from 1999 found that long-run performance of both the former parent company and the divested unit is strongly positive, provided that the spin-off increases the company’s focus.

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In Big Companies, Lean Is Only One Piece of the Puzzle

Harvard Business Review

In 2010, one of us was sitting in a room at the Harvard Business School with Eric Ries and a number of budding entrepreneurs. He had developed an extensive plan, and had the promise of grant money behind him. It''s not about price, or code, or agile development. One of these young entrepreneurs in particular stood out.

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All Hail the Failure Sector

Harvard Business Review

million developers to contribute to 260,000 projects. FailCon 2010 took place on October 25th in San Francisco. Even though companies haven't reconciled — perhaps can't reconcile — themselves to the risk/return crapshoot of innovation, the economy has adapted by developing an innovation sector to take on that role.