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Three Headwinds for Facebook's IPO

Harvard Business Review

Private Market Valuations aren't Great Indicators of Public Returns The final reason for trepidation is probably the most important. Less than three years ago, Facebook was valued at just 10B by Yuri Milner's Digital Sky Technologies. However, the public market investor is looking for very different opportunities.

IPO 13
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Two Forces Moving Business Closer to Climate Action

Harvard Business Review

and an IRR of 27% for those companies with the most aggressive, science-based goals and actions on climate. Even those hippies over at asset manager Lazard calculate that the cost of solar PV technologies has dropped nearly 80% in five years. Polman and Branson are expected at these meetings now, but more leaders are joining.

IRR 8