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  • All HBS Web  (10,243)
    • People  (22)
    • News  (2,867)
    • Research  (5,792)
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  • February 2024 (Revised February 2025)
  • Case

Financing Matillion's Scaleup (A)

By: Raymond Kluender, Emanuele Colonnelli and Ramana Nanda
In 2019, Matthew Scullion, founder and CEO of U.K. startup Matillion, faced a decision about which term sheet to accept for the lead investor in his company’s $35 million Series C financing round. Would the connections and opportunities offered by Silicon Valley-based... View Details
Keywords: Entrepreneurship; Negotiation; Ownership; Business Startups; Decisions; Venture Capital; Financing and Loans; Valuation; Information Technology Industry; United Kingdom
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Kluender, Raymond, Emanuele Colonnelli, and Ramana Nanda. "Financing Matillion's Scaleup (A)." Harvard Business School Case 824-140, February 2024. (Revised February 2025.)
  • 27 Jun 2019
  • News

Low online prices are great for shoppers. But they're killing small businesses

  • 14 Oct 2014
  • News

Working capital loans have a big impact on India’s small business owners

Maya Chorengel (MBA 1997), managing director of Elevar Equity, describes her investment firm’s work to provide working capital loans to small business owners in India. (Published October 2014) View Details
  • March 2006
  • Module Note

Financing Decisions within the Firm

By: Mihir A. Desai and Kathleen Luchs
Describes a core module in the International Finance course at Harvard Business School. The module focuses on the financial and managerial issues that confront managers who make financial decisions within multinational firms: how subsidiaries should be financed and... View Details
Keywords: Decisions; International Finance; Taxation; Business Subsidiaries; Multinational Firms and Management; Framework; Performance Evaluation; Management Analysis, Tools, and Techniques
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Desai, Mihir A., and Kathleen Luchs. "Financing Decisions within the Firm." Harvard Business School Module Note 206-124, March 2006.
  • Program

Finance for Senior Executives

Summary When you can speak the language of finance, you have the power to build stronger strategies, expand your influence, and make better business decisions. Finance for Senior Executives delivers a... View Details
  • 2018
  • Other Teaching and Training Material

Finance Reading: Corporate Governance

By: John Coates and Suraj Srinivasan
Core Curriculum Readings in Finance cover the fundamental concepts, theories, and frameworks in finance. This reading presents an overview of corporate governance, focusing on for-profit businesses that are privately owned by dispersed investors—that is, not owned by a... View Details
Keywords: Finance; Corporate Governance; For-Profit Firms; Private Ownership; Conflict of Interests
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Coates, John, and Suraj Srinivasan. "Finance Reading: Corporate Governance." Core Curriculum Readings Series. Boston: Harvard Business Publishing 5209, 2018.

    The Wisdom of Finance

    The finance industry is widely thought of as being morally suspect. Even those who work in finance tend to compartmentalize between their personal lives and how they get ahead professionally. Mihir Desai argues that not only is this preconception completely false... View Details
    • 04 Apr 2020
    • News

    Own A Small Business During COVID-19? This Social Venture Can Help

    Keywords: Food Services and Drinking Places; Hospitality
    • 13 Mar 2020
    • News

    Q&A with Karen Mills: Former SBA head says the coronavirus pandemic is situation critical for U.S. small businesses

    • 22 Apr 2020
    • News

    Small business advocates fear many will be left out of new PPP funding

    • 16 Mar 2018
    • News

    Fundbox Wants to Be Paypal for Small Businesses.

    • Jul 2014
    • Working Paper

    The State of Small Business Lending: Credit Access During the Recovery and How Technology May Change the Game

    Small businesses are core to America's economic competitiveness. Not only do they employ half of the nation's private sector workforce—about 120 million people—but since 1995 they have created approximately... View Details
    • 01 Jun 2002
    • News

    Small Club, Big Impact

    Photo: Justin A. Knight Africa Business Conference cochairs George Osawaye and Ngassam Ngnoumen (both MBA '02) and a team of student organizers began planning for the March event last August. They couldn't be more pleased with the... View Details
    • 24 Apr 2014
    • News

    Giving business tools to small farmers so they can compete and succeed

    Sylvia Wachsner (PMD 35, 1978), director of Sociedade Nacional de Agricultura, runs business training programs for small organic and sustainable farmers in Brazil. (Published April 2014) View Details
    • January 2025
    • Case

    Untapped Global: Financing Africa's Missing Middle

    By: Raymond Kluender and Emanuele Colonnelli
    In November 2024, Jim Chu, founder and CEO of Untapped Global, faced mounting internal tensions over the company’s strategic direction. Untapped had developed a data-driven revenue-based financing (RBF) model to address the “missing middle” problem—the $5.2 trillion... View Details
    Keywords: Social Entrepreneurship; Venture Capital; Working Capital; Private Equity; Financial Strategy; Microfinance; International Finance; Currency Exchange Rate; Profit Sharing; Revenue; Developing Countries and Economies; Economic Growth; Emerging Markets; Mission and Purpose; Small Business; Entrepreneurial Finance; Banking Industry; Financial Services Industry; Information Technology Industry; Technology Industry; Africa; Nigeria; South Africa; Kenya; Uganda; California; San Francisco
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    Kluender, Raymond, and Emanuele Colonnelli. "Untapped Global: Financing Africa's Missing Middle." Harvard Business School Case 825-056, January 2025.
    • 27 May 2025
    • News

    Small Businesses Say Administration’s Tariffs Are ‘Appalling and Hard to Deal With’

    • 21 Feb 2022
    • News

    Stacey Abrams and Lara Hodgson on Starting and Scaling a Small Business

    • January 1998 (Revised September 2001)
    • Background Note

    A Note on Angel Financing

    By: Paul A. Gompers
    Discusses the economics of the private equity market and recent efforts by the U.S. Small Business Administration to promote greater angel financing. View Details
    Keywords: Financial Markets; Government and Politics; Financing and Loans; Financial Services Industry; United States
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    Gompers, Paul A. "A Note on Angel Financing." Harvard Business School Background Note 298-083, January 1998. (Revised September 2001.)
    • 14 Aug 2019
    • Podcast

    Fintech on Main Street: How small businesses are banking on new technology

    Technology is changing financial institutions’ relationships with local businesses and sole proprietors, which account for half of America’s workforce. HBS professor and former head of the Small Business Administration Karen Mills sheds light on the ongoing... View Details
    • 14 Aug 2014
    • Working Paper Summaries

    The State of Small Business Lending: Credit Access During the Recovery and How Technology May Change the Game

    Keywords: by Karen Mills & Brayden McCarthy; Banking; Financial Services
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