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How the Next Generation Is Approaching Society’s Biggest Problems

Harvard Business Review

First, private citizens, particularly younger people, are choosing different types of career paths. By 2014, the academy comprised over 3,000 videos on subjects from mathematics to art history. How did Sal Khan finance his venture? Cohen and his colleagues created a bond, backed by private investors.

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What Apple Should Do with Its Massive Piles of Money

Harvard Business Review

In 1993, Apple distributed $273 million in buybacks and $56 million in dividends, even as profits plunged from $530 million to $87 million, compelling the company to do a $297 million long-term bond issue in 1994. Yet these careers and the returns that they can generate are not guaranteed. I disagree with this priority.