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  • 26 Jun 2020
  • Video

Peter Vundla

Peter Vundla, who co-founded the first Black-owned advertising agency in South Africa, discusses how he discerned the importance of strong values in business success, and resolved to place integrity at the... View Details

    Applications or Approvals: What Drives Racial Disparities in the Paycheck Protection Program?

    We use the 2020 Small Business Credit Survey to study the sources of racial disparities in use of the Paycheck Protection Program (PPP). Black-owned firms are 8.9 percentage points less likely to receive PPP loans than observably similar white-owned firms. About... View Details
    • 28 Aug 2020
    • Video

    Peter Vundla

    Peter Vundla, who co-founded the first Black-owned advertising agency HerdBuoys in South Africa in 1991, describes how hard it was for Black people to start a business in apartheid South Africa. They were forced to live in townships such as Soweto which were intended... View Details
    • October 2022
    • Case

    Colette Phillips and GetKonnected!: Creating Inclusive Ecosystems

    By: Rosabeth Moss Kanter, Amy Chiu and Joyce Kim
    Colette Phillips’ marketing firm had just won the City of Boston’s 2nd largest contract in history to a Black-owned company. During the Covid-19 pandemic, Get Konnected!, the networking organization for people of color that she founded 15 years earlier and led to... View Details
    Keywords: Diversity; Ecosystem; Inclusion; People Of Color; Network; Racial Bias; Gender Bias; Entrepreneurial Ecosystem; Entrepreneur; Change; Change Barriers; Change Leadership; Community; Innovation; Pandemic; Impact; Systemic Racism; Minority-owned Businesses; Social and Collaborative Networks; Equity; Race; Small Business; Prejudice and Bias; Boston
    Related
    • 03 Mar 2021
    • Video

    The Tulsa Massacre and the Call for Reparations: Black Wall Street

    • August 2022 (Revised September 2023)
    • Case

    Evaluating the Impact of Hillside Harvest

    By: Archie L. Jones, Mel Martin and Amy Klopfenstein
    In fall 2021, the HBS Impact Investment Fund student team had just finished their last round of due diligence on the BIPOC-founded premium hot sauce company Hillside Harvest. They thought the business had a fine performance, showing potential to grow into a successful... View Details
    Keywords: Impact Investing; Entrepreneurship; Social Entrepreneurship; Finance; Investment; Food; Food and Beverage Industry; Financial Services Industry; United States; Massachusetts
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    • Teaching Interest

    Overview

    By: Jeffrey J. Bussgang

    Launching Technology Ventures
    Launching Technology Ventures (LTV) is designed for students who are actively working on their own startups or who will work at early-stage startups. The course material is, in particular, focused on new businesses in the... View Details

    • August 2020 (Revised May 2021)
    • Case

    PayPal: The Next Chapter

    By: Michael Porter, Mark Kramer and Annelena Lobb
    Can a social purpose and stakeholder capitalism confer a powerful competitive advantage in the age of COVID-19? For PayPal, the answer is yes. After spinning off from eBay in a 2015 IPO, the company declared its purpose as "democratizing financial services" by ensuring... View Details
    Keywords: Mission and Purpose; Finance; Business and Stakeholder Relations; Social Entrepreneurship; Competitive Advantage; Financial Services Industry
    Related
    • September 2021
    • Case

    Brown Capital Management

    By: Luis M. Viceira, Emily R. McComb and Sarah Mehta
    Set in July 2021, this case looks at several growth strategies under consideration at Brown Capital, the second-oldest Black-owned asset management firm in the U.S. Since its 1983 founding, Baltimore-based Brown Capital has specialized in small company growth... View Details
    Keywords: Business Growth and Maturation; Growth and Development Strategy; Diversity; Race; Finance; Equity; Public Equity; Stocks; Financial Management; Financial Strategy; Investment; Investment Portfolio; Employee Stock Ownership Plan; Recruitment; Retention; Selection and Staffing; Employee Ownership; Strategy; Financial Services Industry; United States; Maryland; Baltimore
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    • April 2021 (Revised January 2022)
    • Supplement

    SA Taxi: A Vehicle for Empowerment? (B)

    By: Nien-he Hsieh, Dilyana Karadzhova Botha and F. Christopher Eaglin
    SA Taxi was a vertically integrated business that operated in South Africa’s distinctive taxi industry. Despite being plagued by violence, informal structures, unsafe road practices and lack of government support, the taxi industry had grown to become South Africa’s... View Details
    Keywords: Corporate Accountability; Ownership; Ownership Stake; Business and Stakeholder Relations; Equality and Inequality; Race; Situation or Environment; Transportation Industry; South Africa; Africa
    Related
    • April 2021 (Revised January 2022)
    • Case

    SA Taxi: A Vehicle for Empowerment? (A)

    By: Nien-he Hsieh, Dilyana Karadzhova Botha and F. Christopher Eaglin
    SA Taxi was a vertically integrated business that operated in South Africa’s distinctive taxi industry. Despite being plagued by violence, informal structures, unsafe road practices and lack of government support, the taxi industry had grown to become South Africa’s... View Details
    Keywords: Corporate Accountability; Ownership; Ownership Stake; Business and Stakeholder Relations; Equality and Inequality; Race; Situation or Environment; Transportation Industry; South Africa; Africa
    Related
    • 17 Dec 2020
    • News

    Making Club History in Japan; Startup Accelerator Case Goes Virtual in Atlanta

    Center for Innovation and Entrepreneurship, an Atlanta-based startup accelerator for Black-owned companies. “This was not a traditional business model, and we found an innovative way to lead.” View Details
    Keywords: Margie Kelley
    • Web

    Building Iconic Brands and Brighter Futures: Interview with Glossier CEO, Kyle Leahy - Recruiting

    brand to new heights. Since its founding in 2014, Glossier had disrupted the beauty industry, created a powerful community-driven brand, and was looking to build the business that would unlock its growth and potential. With diverse... View Details
    • 18 Nov 2022
    • HBS Case

    What Does It Take to Safeguard a Legacy in Asset Management?

    Last year, the pioneering Black-owned global asset management firm Brown Capital Management found itself at a crossroads. The secret to its success had been a deliberately diverse hiring strategy, but with the looming retirement of its... View Details
    Keywords: by Rachel Layne; Financial Services
    • 26 Aug 2021
    • Blog Post

    Baker Library's Latest Collection: Little Black Library

    When Cathy Chukwulebe (MBA 2021) set up a plastic bin with books about antiracism and the Black experience in the Harvard Business School Schwartz Pavilion in the summer of 2020, she never imagined that the collection would grow to sites... View Details
    • 11 Dec 2023
    • Blog Post

    Building Iconic Brands and Brighter Futures: Interview with Glossier CEO, Kyle Leahy

    Kyle Leahy (MBA 2011) stepped into the CEO role of Glossier in May 2022 ready to take the brand to new heights. Since its founding in 2014, Glossier had disrupted the beauty industry, created a powerful community-driven brand, and was looking to build the View Details
    • 14 Oct 2020
    • Blog Post

    Creating the Minority Renaissance for Venture Capital: Interview with Henri Pierre-Jacques and Jarrid Tingle, Managing Partners at Harlem Capital

    college knowing, based on conversations with mentors and looking at my role models in business, that I wanted to go to business school,” he said. HBS was also always his top choice. “I chose ICV (as my next company after working in... View Details
    • 27 Oct 2020
    • Blog Post

    Creating the Minority Renaissance for Venture Capital: Interview with Henri Pierre-Jacques and Jarrid Tingle, Managing Partners at Harlem Capital

    college knowing, based on conversations with mentors and looking at my role models in business, that I wanted to go to business school,” he said. HBS was also always his top choice. “I chose ICV (as my next company after working in... View Details
    • 11 Dec 2023
    • Blog Post

    Building Iconic Brands and Brighter Futures: Interview with Glossier CEO, Kyle Leahy

    Kyle Leahy (MBA 2011) stepped into the CEO role of Glossier in May 2022 ready to take the brand to new heights. Since its founding in 2014, Glossier had disrupted the beauty industry, created a powerful community-driven brand, and was looking to build the View Details
    Keywords: Consumer Products / Retail
    • 22 Feb 2024
    • News

    GCC Crossroads Aims for a Bright Future; Seattle Alumni Talk Leadership in Tech; Italy Preps for European Alumni Summit

    business and governmental organizations for greater impact in the next 20 years. Saleh Lootah (GMP 10, 2011) “The Forum invites key government, business leaders, HBS academics, and alumni CEOs—all carefully... View Details
    Keywords: Margie Kelley