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What Private Equity Investors Think They Do for the Companies They Buy

Harvard Business Review

In particular, we are interested in how many of their responses correlate with what academic finance knows and what it teaches. In financial engineering, PE investors provide strong equity incentives to the management teams of their portfolio companies. the notion that debt financing can be “cheap” at certain times).

CAPM 8
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Stop Trying to Predict Which New Products Will Succeed

Harvard Business Review

And, if prediction falls outside of an acceptable range, we should hold our teams accountable for predicting poorly. In contrast, when performance cannot be predicted, a process geared for prediction makes no sense. Outcomes will usually be much worse than predicted, and we will waste design, production, and distribution resources.