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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.

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business Review

Long-term: Work with academia or a third party to solve a high-impact use case (augmented human decision making in a key knowledge worker role, for example) with bleeding-edge AI technology to potentially capture a sizable first-mover advantage. Machine learning is a powerful tool, but it’s not right for everything.

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What Investors Need to Know About Zimbabwe After Mugabe

Harvard Business Review

In this environment, multinationals that are willing to accept some risk and invest in the country could benefit from first-mover advantages – but only if the new administration follows through with much-needed economic reforms. Mnangagwa’s first actions in office underscore how important he views economic recovery.

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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business Review

firms gravitate towards digital strategies, firms have less need for elaborate finance, marketing, production, distribution, accounting, and human resource departments. Such acquisitions become more lucrative with rising first-mover advantages, pace of technological development, and network externality.

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