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A Quiet Revolution in Clean-Energy Finance

Harvard Business Review

A star example is Google, which raised a mere $40 million in private funding before its IPO at a $23 billion valuation. While there has not been a defining exit in clean energy akin to the "Netscape moment" for the internet, there have been numerous recent IPOs in the biofuels sector.

Energy 11
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The Hidden Costs of Initial Coin Offerings

Harvard Business Review

More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. In fact, ICOs have upended the conventional pattern of staged experimentation and fundraising.

Cost 8
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Venture Capitalists Get Paid Well to Lose Money

Harvard Business Review

Booming public equities and a recovered IPO market generated record portfolio company exits and distributions from VC funds. LPs expect to be paid well to assume the high fees (2% annual fees on committed capital) and long illiquidity ( minimum 10 years) of investing in private equities. What is the optimum level of VC commit?

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Can Impact Investing Avoid the Failures of Microfinance?

Harvard Business Review

It was one of the world’s highest-grossing IPOs in a year when the market was otherwise in chaos due to the mortgage lending crisis. In 2010, in India, the microfinance institution SKS also went through an IPO that generated millions in profits — along with an impressive amount of scandal and intrigue.

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Myths of the Gig Economy, Corrected

Harvard Business Review

Dara Khosrowshahi, the CEO of Uber, the ride-sharing giant, proudly declared on September 10 that “very few brands become verbs” The same week Upwork, a platform for hiring freelancers, filed for an IPO, as did Fiverr , which boasts that it offers a “freelance services marketplace for the lean entrepreneur.”

Quinn 10
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Startup Accelerators Have Become More Popular in Emerging Markets — and They’re Working

Harvard Business Review

However, at least on paper, emerging-market entrepreneurs are just as experienced and committed as high-income country entrepreneurs. Yet, investors still report a lack of commitment and entrepreneurial experience in these entrepreneurs, which they say makes it difficult to invest in some markets compared to others. Related Video.

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Don’t Build Your Startup Outside of Silicon Valley

Harvard Business Review

There are three pieces of data that are particularly shocking to internet, software, and biotech entrepreneurs who are on the verge of committing their firms to starting firms in secondary startup markets (and, in particular, outside of the San Francisco Bay). It takes longer to raise money. But it is an important metric.

IPO 9