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Why Financial Statements Don’t Work for Digital Companies

Harvard Business Review

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. Its value growth is powered by the network in place, not by increments of operating costs.

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What Angel Investors Value Most When Choosing What to Fund

Harvard Business Review

As Diane Mulcahy explained in a 2013 Harvard Business Review article : ”Angel investors — affluent individuals who invest smaller amounts of capital at an earlier stage than VCs do — fund more than 16 times as many companies as VCs do,” she wrote, “and their share is growing.” Steven Moore.

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What Initial Coin Offerings Are, and Why VC Firms Care

Harvard Business Review

ICOs present both benefits and disadvantages, as well as threats and opportunities, to the traditional venture capital business model. Most made their money early on by buying or mining bitcoin when it was still under $10 (in the early days of 2011-2013). It’s now worth approximately $1,1200 per bitcoin.

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60 Countries’ Digital Competitiveness, Indexed

Harvard Business Review

India, with its 462 million internet users , has a digital economy representing arguably the greatest market potential for global players ; however, it operates in multiple languages and multiple infrastructure challenges, despite the government having taken sweeping actions that affect the digital market.

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Disruptive Trends to Watch in 2013

Harvard Business Review

In these early days, there typically are a range of companies experimenting with a new model, fighting to figure out a sustainable business model. What disruptive innovations are set to take similarly big strides in 2013? When a disruptive idea is first born, typically far away from the market's mainstream. Coming of age.

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