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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.

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Old Management Systems Stifle New Business Models

Harvard Business Review

Ask anyone in technology. Instead, they’re taught to focus on their income statement and optimize their operations around preserving profitability. Even today, with more than $200B in market capitalization largely derived from that same data, investors struggle to value the company’s information. The challenge?