Remove 2013 Remove Business Model Remove IPO Remove Technology
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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. Uber’s value is estimated between $48 and $70 billion, despite reporting losses over the last two years.

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Venture Capitalists Get Paid Well to Lose Money

Harvard Business Review

2013 had all the signs of being a comeback year for venture capital. Booming public equities and a recovered IPO market generated record portfolio company exits and distributions from VC funds. The business model and economic structure of the VC partnership has remained stagnant for the past two decades.

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What Initial Coin Offerings Are, and Why VC Firms Care

Harvard Business Review

Also known as “token sales,” this new fundraising phenomenon is being fueled by a convergence of blockchain technology, new wealth, clever entrepreneurs, and crypto-investors who are backing blockchain-fueled ideas. Business in the Era of Blockchain. How technology is transforming transactions. Insight Center.

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60 Countries’ Digital Competitiveness, Indexed

Harvard Business Review

Yet in this short period, digital technologies have upended our world. Digital technology is widespread and spreading fast. Digital technologies are poised to change the future of work. Automation, big data, and artificial intelligence enabled by the application of digital technologies could affect 50% of the world economy.

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What Apple Should Do with Its Massive Piles of Money

Harvard Business Review

There is mounting evidence that buybacks bear substantial blame for the extreme concentration of income at the very top and the disappearance of middle-class jobs in the United States over the past quarter century — a topic I discussed in a recent Harvard Business Review article. From 1986 through 1993, during the Sculley era, Apple spent $1.8