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Some of the Most Successful Platforms Are Ones You’ve Never Heard Of

Harvard Business Review

Then the banks decided to turn the associations into for-profit companies, IPO them, and cash out. MasterCard IPO’d in 2006, and Visa followed two years later. Around the world, though, many countries still have domestic payment networks that operate as not-for-profit platforms. Now they are very focused on making money.

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Boardroom Lessons from a Social Media Misstep

Harvard Business Review

But the agenda needs to keep pace with what is influencing business, and amongst the things that board members need to fully appreciate is the growing influence and power of social media. Economics, politics, and sector shifts are all vital issues on the agenda in the boardroom. It is not just about political uprisings any more.

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A Story from Google Shows You Don’t Need Power to Drive Strategy

Harvard Business Review

Brian Fitzpatrick joined Google as a senior software engineer in 2005, shortly after the company’s IPO. He had no formal authority as a leader, operating without any title or mandate. Strategic leaders like Brian, who don’t hold positions of authority, operated in ways that were tailored to a less formal context.

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What Uber’s China Deal Says About the Limits of Platforms

Harvard Business Review

On August 1 Uber announced that it is selling its Chinese brand and operations to Didi Chuxing for $1 billion, its annual burn rate in that market, in exchange for a 20% stake in the local competitor. The $1 billion burn rate in China was reportedly holding up its IPO, not just its expansion in other parts of the world.

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Your Company Needs a Communications Plan for Data Breaches

Harvard Business Review

Here’s a generalized scenario similar to cases we’ve experienced: A hot new mobile technology company lands one of the most successful IPOs of the year. Make sure you have relationships established with top broadcast, print, social, and security experts, as well as market influencers.

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What Angel Investors Value Most When Choosing What to Fund

Harvard Business Review

The first, they wrote, is that “operational capabilities of the founding team may be important at the earliest stages of a start-up, when most experimentation takes place.” This experiment illustrates how they use various cues to filter their pipeline — and how founders significantly influence their decisions to invest.

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Subscription Businesses Are Booming. Here’s How to Value Them

Harvard Business Review

went public in June, then saw its stock price fall 70%, making it the worst performing IPO of a major company so far in 2017. The company tapped the brakes on marketing spend so that it could focus on operational issues associated with the opening of a new facility, and – sure enough – its customer count plummeted in turn.

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