Capital Investment - Publications - Faculty & Research

01 Sep 2018
News

In My Humble Opinion: In the Deal

precious,” says Khan, who focuses primarily on software. “It’s been an incredible segment to invest in over the last few years—cloud software in particular, because these are high-gross margin businesses with low costs and long, recurring... View Details

Keywords: Julia Hanna

01 Jun 2022
News

Sunny Side

When Miami-based venture capital firm ANIMO Ventures launched in 2018, cofounder Nico Berardi (MBA 2018) traveled weekly. “It was 80 percent San Francisco, maybe 20 percent New York,” he recalls. But the Argentine-born Berardi loved the... View Details

Keywords: Julia Hanna

Web

Shared Value & Investors - Institute For Strategy And Competitiveness

Investing The Purpose of Investing The fundamental purpose of investing for society is to allocate capital to companies who can earn an... View Details

18 Oct 2016
News

China, artificial intelligence, and Jim Breyer

real positive characteristics.” The future of venture capital sits in two sectors, Breyer predicted—artificial intelligence and China. This summer, Breyer and IDG Capital Partners, the Chinese company he... View Details

Keywords: Jennifer Myers

01 Jun 2017
News

The Exchange: Venture Forth

illustration by Peter Arkle When Professor Paul Gompers began studying the venture capital industry in the late 1980s, colleagues often wondered why. “They’d say that it’s such a backwater and unimportant industry,” he recalls. With more... View Details

Keywords: April White

01 Mar 2007
News

Private Equity under Investigation

dramatically downsized or announced their intention to cease operations after experiencing investment missteps and succession problems. Meanwhile, new organizations have amassed enormous sums of capital in... View Details

Keywords: Josh Lerner; syndication; antitrust enforcement; Funds, Trusts, and Other Financial Vehicles; Finance

2018
Working Paper

Global Portfolio Diversification for Long-Horizon Investors

By: Luis M. Viceira and Zixuan (Kevin) Wang

This paper conducts a theoretical and empirical investigation of global portfolio diversification for long-horizon investors in the presence of permanent cash flow shocks and transitory discount rate shocks to asset prices and returns. An increase in the cross-country... View Details

Keywords: Investment Portfolio; Risk and Uncertainty; Diversification; Capital Markets; Global Range

Citation

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04 Sep 2019
News

Research Brief: Ending the Legacy of Poverty

send their children to private schools, as well as providing enrichment activities such as music lessons or summer camps. As parents, they have more time to spend with their children, particularly when they are very young, and in the process pass along soft skills.... View Details

Keywords: Jennifer Myers; Educational Services

19 Jun 2014
News

Life Beyond The Elevator Pitch: Venture Capital's New Formulas

Keywords: Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments

Profile

Patrick Connolly

bear-has further confirmed and clarified this for me. I truly could not have asked for a better platform from which to embark on my new career. How has HBS prepared you for your summer internship? In short, very well. This summer, I'm working in View Details

Keywords: Investment Banking; Investment Banking; Investment Banking; Investment Banking

01 Jun 2008
News

The $4 Billion Question

between generating wealth for the firm’s investment professionals via the fee stream, which is strictly a function of how many dollars you manage, and the investors in the firm — the so-called limited partners, who make money only when... View Details

Keywords: Julia Hanna; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments

Web

Financing New Ideas - Georges F. Doriot : Educating Leaders, Building Companies, Baker Library, Harvard Business School

Library Visionary, Innovator, Educator I n 1960, ARD invested $3.6 million in 18 companies and, by 1961, the firm became the first venture capital firm with shares listed on the New York Stock Exchange. In... View Details

September 2006 (Revised February 2011)
Case

Empemex

By: Lynda M. Applegate and Regina Garcia-Cuellar

Studies an entrepreneurial venture in Mexico City. The protagonists, two MBAs from HBS, started a pawn shop chain funded from their private equity office after finishing business school. This is timed at a point where the protagonists have to decide how to grow the... View Details

Keywords: Developing Countries and Economies; Entrepreneurship; Venture Capital; Investment; Growth and Development Strategy; Mexico City; United States

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Biotech and medical devices: Company Data and Analysis

Where can I find biotech and medical devices company financials and analysis? We suggest that you may use at least more than one of them for your company research. Capital IQ - Data on public and private companies, View Details

Fast Answer

IFC: LA/Hollywood

navigation bar, and select “Media” or "Broadcasting, Cable & Satellite". COMPANIES Capital IQ Data on public and private companies, investment firms, View Details

January 2009 (Revised March 2009)
Case

A Chinese Start-up's Midlife Crisis: 99Sushe.com

By: William C. Kirby, F. Warren McFarlan and Tracy Manty

Now into their third year at the helm of an Internet start-up in China, Ken Pao and Bill Li were managing a totally different company (with a new name) from the one they first founded in 2006. Having changed their business model from a social networking site to an... View Details

Keywords: Business Growth and Maturation; Business Model; Games, Gaming, and Gambling; Entrepreneurship; Venture Capital; Investment Funds; Organizational Change and Adaptation; Entertainment and Recreation Industry; China

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02 Feb 2009
Research & Ideas

The Success of Persistent Entrepreneurs

course, starting a company at an opportune time and place also displays a certain kind of skill as well.Q: What are some of the more actively pursued industries by entrepreneurs? A: Venture capitalists typically invest in industries that... View Details

Keywords: by Sarah Jane Gilbert

Profile

Aaron Mitchell

Why was earning your MBA at HBS important to you? Having a background in Human Resources, I thought it was absolutely necessary to have a broad understanding of business. Earning an MBA at HBS has provided me with not only a deep understanding of how to break down a... View Details

Keywords: Investment Management / Hedge Fund; Investment Management / Hedge Fund

18 Jul 2016
Research & Ideas

Is Greed Ruining Private Equity Firms?

and continuity of the firm” This pattern of unequal pay was much more extensive than anticipated among the 717 private equity partnerships studied by HBS finance professor Victoria Ivashina and Josh Lerner, the Jacob H. Schiff Professor of View Details

Keywords: by Dina Gerdeman; Banking; Financial Services