Three Headwinds for Facebook's IPO

Harvard Business Review

Less than three years ago, Facebook was valued at just 10B by Yuri Milner's Digital Sky Technologies. For every 10 investments, a good firm may have one defining investment, returning hundreds of percent in IRR. I am not pessimistic about Facebook's future. I have used the social network for eight years and continue to be impressed with Mark Zuckerberg's focus on product and his vision for the internet.

IPO 13

Two Forces Moving Business Closer to Climate Action

Harvard Business Review

Polman implored the world’s governments to stop heeding those companies, presumably the fossil fuel giants, with enormous political influence: “Don’t just listen to the few voices getting disproportionate air time, but to the majority of business now — they’re asking for a price on carbon, and more support for cleaner technologies and efficiencies.”. and an IRR of 27% for those companies with the most aggressive, science-based goals and actions on climate.