Harvard Business Review

AUGUST 15, 2013

A Short History of Dell. Lerner has another paper relevant to the Dell case, which looks at the performance of buyout companies'' stock prices after they IPO, including public firms taken private in the deal. The company must identify some assets from which it can squeeze more cash, in order to improve its short-term position.

Rivkin 15

Rivkin Succession Short-term Case Study 15

Harvard Business Review

JUNE 9, 2014

It is incredibly hard to hold an IPO. But analysts are judging EBITDA, P/E ratios, quarterly growth, and cashflows – which don’t always correlate with long-term value creation. And, too often, our obsession with these short-term metrics has the opposite effect. There has to be a better way. Entrepreneurship Finance'

Entrepreneur 8

Entrepreneur Venture Capitalist Mezzanine Short-term 8

Harvard Business Review

JUNE 12, 2012

A few weeks ago, I read an article in the Wall Street Journal about people who had opened up their very first investment accounts just to get in on the Facebook IPO. It also seems likely that he's kicking himself today, as the value of the stock has dropped almost 25% since its May 17 IPO. Pursue a long-term strategy.

IPO 10

IPO Bond Long-term Short-term 10

Harvard Business Review

MAY 28, 2018

A study on CEOs giving IPO road-show presentations found that even hardened financial advisors judge a leader’s “competence and trustworthiness” within as little as 30-seconds. These snap judgments are so powerful, CEOs who rated the highest for their executive presence in the study enjoyed higher IPO valuations.

Audience 8

Audience Project IPO Kahneman 8

Harvard Business Review

APRIL 12, 2011

For HBR's April issue on failure, I penned a piece on the experience of going through a failed IPO. In short, your inner voice shouldn't berate you any more than your outer voice would address a hardworking employee. Checkbox 4: Are you being "Macromyopic" and overdramatizing the short-term impact of the mistake?

Short-term 15

Short-term Long-term IPO Middle Management 15

Harvard Business Review

OCTOBER 31, 2014

billion in cash and short-term investments — and my sense from looking at the numbers for the past couple of quarters is that it could probably be making some money, too (that is, generating positive free cash flow), if that were a priority. billion in its 2013 IPO) that investors have plowed into it.

Marketing 9

Marketing IPO Venture Capitalist Fashion 9

Harvard Business Review

JULY 13, 2011

billion to Google just a few short months ago, in November of 2010. The smart money went along, with Groupon valued at $15-20 billion, according to some observers anticipating rich pickings in the IPO-to-come. I'm afraid that I still don't see much long-term robustness in Groupon's model. But not so fast. billion slip away.

Business Model 15

Business Model Discount IPO Customer Loyalty 15

Harvard Business Review

MAY 16, 2016

Strategic alignment, for us, means that all elements of a business — including the market strategy and the way the company itself is organized — are arranged in such a way as to best support the fulfillment of its long-term purpose.

Banking 14

Banking Strategy Film Operations 14

Harvard Business Review

SEPTEMBER 19, 2014

And while I’m certainly not the person to argue that short- or even medium-term shareholder returns are a perfect measure of corporate performance, I do think that what your stock does over 28 years has some meaning. On top of that, the company has a nice dividend payout, for a tech stock, of 1.2%.

Company 8

Company Chief Technology Officer IPO CEO 8

Harvard Business Review

OCTOBER 16, 2014

But with his open letter to Cook, Icahn has let the public know once again that however much Apple buys back, he feels it has the current cash, borrowing capacity, and long-term profit prospects to do much, much more. The only time in its history when Apple raised funds on the stock market was its 1980 IPO, which provided it with $97 million.

Safe Harbor 9

Safe Harbor Hedge EPS Price 9

Harvard Business Review

APRIL 29, 2015

Brian Fitzpatrick joined Google as a senior software engineer in 2005, shortly after the company’s IPO. Those with formal authority to make strategy can plan proactively for longer term requirements and align resources accordingly. One such project addressed a user’s control of his personal data.

Strategy 8

Strategy Power Idea Generation Project 8

Harvard Business Review

DECEMBER 3, 2018

Aggressive-growth and family-controlled dual-class companies display higher long-term shareholder returns. This clause automatically converts a superior voting share to a low-vote class at a fixed time after IPO. Firms with growth opportunities as well as the need for external equity financing often convert to dual-class shares.

Class 10

Class Maturity IPO Short-term 10

Harvard Business Review

APRIL 18, 2012

When Google introduced a controversial dual-class share structure at the time of its IPO in 2004, I had reservations (as you would expect of someone whose specialty is corporate governance). But the founders' passionate advocacy of the need to follow a "long-term, innovative approach" resonated with me. Take Brazil.

Planning 12

Planning IPO Proposal Long-term 12

Harvard Business Review

JUNE 1, 2015

Since the last financial crisis, many new regulations have been implemented to protect shareholders, increasing the pressure on management to meet earnings expectations by prioritizing short-term over long-term. For many consumer tech companies, this post-IPO pressure on financial returns is too high.

IPO 8

IPO Company Maturity Short-term 8

Harvard Business Review

MARCH 15, 2012

The Weinberg trademarks, which became the Goldman trademarks, were (1) hard-nosed prudence, (2) an extreme emphasis on the partnership , with partners generally able to make serious money only after decades at the firm, and (3) the long-term cultivation of relationships with business executives and politicians. Watch out, Google!)

Hedge 13

Hedge Long-term Banking Short-term 13

Harvard Business Review

SEPTEMBER 4, 2015

Innovation is widely regarded as important to long-term business performance. In the pharmaceutical industry, short patent lives for prescription drugs mean companies must continually look for new drugs to fill their pipelines. For example, Qualcomm’s CDMA mobile technology was a breakthrough that led to its IPO in 1991.

CEO 8

CEO Innovation Pharmaceuticals Merchandising 8

Harvard Business Review

DECEMBER 19, 2017

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. Gobble should be, and has been, rewarded for outperformance in terms of a metric that matters. For example, Blue Apron rose to become the largest meal kit delivery business in the U.S.,

IPO 8

IPO How To Metrics Bottom-up 8

Harvard Business Review

JULY 12, 2017

Yet in this short period, digital technologies have upended our world. competitiveness in terms of its digital economy and international data flows and thinking beyond traditional manufacturing and trade of physical goods and services.

Innovation 8

Innovation Policies Technology Politics 8

Harvard Business Review

SEPTEMBER 10, 2015

In 2014, for example, 18 IPOs raised a record-breaking $9.8 This fixation generates a short-term view on the potential of the venture to expand beyond the immediate product line. Once startups begin to scale up, founders need to ask long-term strategic questions such as: How do I support growth in human capital?

Venture Capitalist 8

Venture Capitalist Entrepreneur Marketing IPO 8

Harvard Business Review

MAY 12, 2014

If we’re to prevent the enthusiasm for entrepreneurial ecosystems from also fizzling out, we need to get a better grip on what the term really means. The process of entrepreneurship intrinsically generates a feeling that risk capital is difficult to raise and in short supply.

Entrepreneur 9

Entrepreneur Incubator Bureaucracy Banking 9

Harvard Business Review

DECEMBER 13, 2012

In short, sometimes, fashion is the opposite of style, and falling victim to its whims is a cringe-worthy error of vanity. You're going to have to learn to get serious about what matters to people — in the terms that count to them. I'm pretty sure your so-called friends will say in 2014: "Remember when you wore meggings, bro?!

Media 8

Media Fashion IPO Brand 8

Harvard Business Review

JULY 20, 2017

A123 Systems promised to be a clean tech success with a soaring IPO in 2009. We believe that there’s a better way that can yield radical results — not just the short-term, quarter-to-quarter kind. The company developed lithium ion batteries that helped convince automakers of their value for hybrid vehicles.

Innovation 13

Innovation Productivity Products Venture Capitalist 13

Harvard Business Review

NOVEMBER 6, 2015

. “I started these ventures, recruited excellent people to execute on my vision, but the kind of investors I had chosen were more interested in a short business cycle than the longer term. It also often involves a public offering of stock (initial public offering, or IPO) to access capital.

Venture Capitalist 8

Venture Capitalist Entrepreneur IPO Wireless 8