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  • 26 Jul 2004
  • Research & Ideas

A Better Way to Negotiate: Backward

possible alliances and partnerships); manufacturers (for manufacturing set-top boxes); non-U.S. licensees; and wholesale and retail distributors (for sales). With his promising venture running on fumes, Perlman's next obvious negotiation... View Details
Keywords: by James K. Sebenius
  • 02 Sep 2015
  • Research & Ideas

Explaining China's Crash

MBA 1988) is a professor of management practice at Harvard Business School. For two decades, he ran equity capital markets for Goldman Sachs, Merrill Lynch, and Morgan Stanley. His casework focuses on... View Details
Keywords: by Christina Pazzanese; Financial Services
  • 30 Jan 2017
  • Research & Ideas

Vanguard, Trian And The Problem With 'Passive' Index Funds

of an index, regardless of its performance.” This is not the only way shareholders are reengaging with management to take more corporate control. Private equity investing allows investors to take a... View Details
Keywords: by Michael Blanding; Financial Services
  • July 2021
  • Case

A Close Shave at Squire

By: Jeffrey J. Bussgang, Zoë B. Cullen, William R. Kerr, Benjamin N. Roth and Michael Norris
In 2020, just after closing a $34 million Series B financing round, Dave Salvant and Songe LaRon consider how to adjust their business, Squire Technologies, to the new realities posed by the COVID-19 pandemic. Their barbershop technology, including tools to run a shop... View Details
Keywords: Business Startups; Entrepreneurship; Venture Capital; Private Equity; Mobile and Wireless Technology; Applications and Software; Growth and Development Strategy; Health Pandemics; Beauty and Cosmetics Industry; Technology Industry; New York (city, NY); San Francisco
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Bussgang, Jeffrey J., Zoë B. Cullen, William R. Kerr, Benjamin N. Roth, and Michael Norris. "A Close Shave at Squire." Harvard Business School Case 821-073, July 2021.
  • 20 Nov 2018
  • First Look

New Research and Ideas, November 20, 2018

forthcoming Review of Financial Studies Private Equity and Financial Fragility During the Crisis By: Bernstein, Shai, Josh Lerner, and Filippo Mezzanotti Abstract—Do private... View Details
Keywords: Dina Gerdeman
  • 23 Jan 2018
  • First Look

First Look at New Research and Ideas, January 23, 2018

reduce risk, though the effectiveness depends upon the role of capital structure in volatility. To address this question, we build a statistical model of equity volatility that accounts for leverage. Our... View Details
Keywords: Sean Silverthorne
  • 20 Feb 2018
  • First Look

First Look at New Research and Ideas, February 20, 2018

https://cb.hbsp.harvard.edu/cbmp/product/718402-PDF-ENG Harvard Business School Case 317-036 Frank Baker: Siris Capital Group and Titan Systems Private equity firm, Siris View Details
Keywords: Sean Silverthorne
  • 16 Sep 2014
  • First Look

First Look: September 16

http://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780199694945.001.0001/oxfordhb-9780199694945-e-026 September 2014 Journal of Financial Economics The Disintermediation of Financial Markets: Direct Investing in Private View Details
Keywords: Sean Silverthorne
  • 18 Nov 2010
  • Research & Ideas

GM’s IPO: Back to the Future

future evolution of the auto industry. Dante Roscini, Senior Lecturer of Business Administration As is often the case with privatizations, the General Motors IPO will be one of the most significant events of the year in the equity View Details
Keywords: by Staff; Auto
  • 10 May 2004
  • Research & Ideas

Rethink the Value of Joint Ventures

considering JVs. Cynthia D. Churchwell: You and your colleagues found that companies are increasingly willing to "go it alone" without local partners. Did these results surprise you? Mihir Desai: Given the popular rhetoric on the importance of View Details
Keywords: by Cynthia Churchwell
  • 09 Apr 2014
  • Research & Ideas

A Playbook for Small-Business Job Creation

to capital, which was a primary focus of hers at the SBA. Spreading The Wealth Having spent over 25 years in private equity and venture capital firms before becoming SBA... View Details
Keywords: by Carmen Nobel; Banking; Financial Services
  • 18 Oct 2010
  • Lessons from the Classroom

Venture Capital’s Disconnect with Clean Tech

MBA students often fall into one of two categories—those hungry to rush into careers as venture capitalists, and those eager to found a venture-funded start-up. For all of them, Harvard Business School professor Joseph Lassiter has some intriguing advice: Spend a few... View Details
Keywords: by Carmen Nobel; Energy; Utilities; Financial Services
  • 10 Dec 2013
  • First Look

First Look: December 10

Purchase this case: http://hbr.org/search/114016-PDF-ENG Harvard Business School Case 214-037 Blackstone and the Sale of Citigroup's Loan Portfolio This case describes the sale of Citigroup's leveraged loan portfolio in 2008 to a group of large View Details
Keywords: Sean Silverthorne
  • 09 Sep 2009
  • First Look

First Look: September 9

Ownership of Equity Improve Earnings Quality? Authors:Dan Givoly, Carla Hayn, and Sharon P. Katz Publication:The Accounting Review (forthcoming) Abstract We compare the quality of accounting numbers produced by two types of public... View Details
Keywords: Martha Lagace
  • 03 Feb 2009
  • First Look

First Look: February 3, 2009

performed strongly in the late 1980s, the mid-1990s, and the 2000s. Large RLBOs that are backed by private equity firms with more capital under management perform better. We... View Details
Keywords: Martha Lagace
  • 07 Dec 2009
  • Research & Ideas

Government’s Positive Role in Kick-Starting Entrepreneurship

that may be attractive for a small capital pool become much more difficult to implement with more capital under management. This problem is most acute when investing in entrepreneurial projects and View Details
Keywords: by Sean Silverthorne; Technology
  • 14 Nov 2007
  • First Look

First Look: November 14, 2007

The degree to which equity values impound the estimated fair values of R&D depends upon the extent to which the private information implicit in the R&D estimates is reflected in investor... View Details
Keywords: Martha Lagace
  • 14 Jun 2004
  • Research & Ideas

The Big Money for Big Projects

managers to distribute these cash flows to capital providers, both debt and equity holders, rather than reinvesting it in the firm. As I mentioned before, project finance resembles LBOs in this respect.... View Details
Keywords: by Ann Cullen; Financial Services
  • 04 Aug 2009
  • First Look

First Look: August 4

  Working PapersThe Impact of Private Equity Ownership on Corporate Tax Avoidance Authors:Brad Badertscher, Sharon P. Katz, and Sonja Olhoft Rego Abstract This study investigates how View Details
Keywords: Martha Lagace
  • 17 Aug 2010
  • First Look

First Look: August 17

better ex-ante characteristics, bank-affiliated investments have slightly worse outcomes than non-affiliated investments. Also consistent with theory, the cyclicality of banks' engagement in private equity... View Details
Keywords: Martha Lagace
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