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Founding a Company Doesn’t Have to be a Big Career Risk

Harvard Business Review

That was the general consensus after one of my favorite HBS classes: an entrepreneurship case on a company called Tickle. After five years, in 2004, Tickle was profitable with more than $20 million in revenue; it received an acquisition offer for $100 million, as well as IPO entreaties.

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

There is little consensus as to whether firms that find themselves spun off from other companies – either as new, standalone companies, or under the stewardship of new parent companies – perform better or worse than they did before.

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The Hidden Costs of Initial Coin Offerings

Harvard Business Review

Multi-stage financing is usually seen as benefiting the investors: It allows them to commit only a fraction of the money upfront, preserving the option to abandon the investment if the idea does not pan out, but allowing them to reinvest if things continue to go well. Begin with a more centralized governance structure (e.g.,

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