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Why Do App Developers Still Live with Their Moms?

Harvard Business Review

A recent story in the New York Times highlighted a pair of high school students who had experienced considerable success as app developers. They received acclaim and took meetings with heavyweights at industry conferences. Facebook had 2,400 employees in 2011; 3,500 in 2012; 4,900 in 2013; and 6,300 today. This is not uncommon.

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Sears Has Come Back from the Brink Before

Harvard Business Review

Concerns that it wouldn’t have enough cash to finance its holiday stock has apparently led to the company to sell real estate, spin off its Lands’ End brand, and raise $625 million in unsecured loans and equity warrants. But then “Sears found the answer first,” Worthy reports, in 1924.

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