Day 3 Davos Snapshot

Harvard Business Review

I'm sitting here in the Partners Lounge on the Mezzanine Level of the Congress Center. Michael Fertik is a repeat Internet entrepreneur and CEO with experience in technology and law. He has been named a World Economic Forum Technology Pioneer for 2011. (See Michael's earlier notes from Davos here , here , and here. And follow Justin Fox's coverage of the conference.). As usual, seats are in short supply, so I grabbed the first one I could find.

How Smart CEOs Use Social Tools to Their Advantage

Harvard Business Review

Advances in digital technology and their use in organizations carry huge promise to empower people at all levels. Tools like Oblong Industries’ Mezzanine can bring multiple streams of data onto HD displays where they can be easily organized, manipulated, and archived into files that can be accessed for later use. The implications are clear: savvy leaders make the most of digital technology to galvanize their organization around a shared understanding of the business.

Entrepreneurs Need a Better Way to Cash Out

Harvard Business Review

But in technology startups, particularly venture-backed technology startups, the current investment climate does not always support that vision. The conventional wisdom on Wall Street for the last 20 years, with notable exception of the technology bubble at the turn of the century, is that to do so, a company needs around $100 million of annualized revenue and a couple of consecutive profitable quarters.