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?Numbers Show Apple Shareholders Have Already Gotten Plenty

Harvard Business Review

9, armed with about 1% of Apple’s outstanding stock, the hedge-fund activist published an open letter to Apple CEO Tim Cook, urging him to accelerate the company’s stock repurchases by making a tender offer. The only time in its history when Apple raised funds on the stock market was its 1980 IPO, which provided it with $97 million.

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Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business Review

That is like setting up a finance organization to do exotic risk hedging before putting in place basic reporting and compliance. No board would allow a finance function to focus exclusively on investor reporting or risk hedging, but this type of mistake is all too common when it comes to HR.

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Should Dual-Class Shares Be Banned?

Harvard Business Review

This clause automatically converts a superior voting share to a low-vote class at a fixed time after IPO. We calculated the years after IPO when a growth company becomes a mature company in its lifecycle for the stocks listed on U.S. But how can one argue against a mandatory sunset clause? stock exchanges.

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What Initial Coin Offerings Are, and Why VC Firms Care

Harvard Business Review

Rather than tying up vast amounts of funds in a unicorn startup and waiting for the long play — an IPO or an acquisition — investors can see gains more quickly, and can pull profits out more easily, via ICOs. The second reason VCs are becoming more interested in ICOs is because of the liquidity of cryptocurrencies.

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How Blockchain Is Changing Finance

Harvard Business Review

But the solution to this innovation logjam has emerged: blockchain. Traditionally, companies target angel investors in the early stages of a new business, and later look to venture capitalists, eventually culminating in an initial public offering (IPO) on a stock exchange. Distributed Database.