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  • June 2018 (Revised April 2021)
  • Supplement

Valuing Snap After the IPO Quiet Period

By: Benjamin C. Esty, Marco Di Maggio and Greg Saldutte
Keywords: Sell-side Analysts; Underwriters; Investment Banking; Social Network; Discounted Cash Flow; Cost Of Capital; Conflicts Of Interest; Corporate Governance; Advertising; Quiet Period; Business Startups; Digital Marketing; Initial Public Offering; Information Infrastructure; Valuation; Venture Capital; Forecasting and Prediction; Social Media; United States; California
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Esty, Benjamin C., Marco Di Maggio, and Greg Saldutte. "Valuing Snap After the IPO Quiet Period." Harvard Business School Spreadsheet Supplement 218-726, June 2018. (Revised April 2021.)
  • February 2017
  • Teaching Note

Sin Capital and the Fullerton Health IPO

By: Josh Lerner and Ann Leamon
Teaching Note for HBS No. 817-030. View Details
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Lerner, Josh, and Ann Leamon. "Sin Capital and the Fullerton Health IPO." Harvard Business School Teaching Note 817-119, February 2017.
  • February 2025
  • Supplement

Pricing an IPO at Allbirds, Inc. - Student

By: Yuan Zou and Joseph Pacelli
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Zou, Yuan, and Joseph Pacelli. "Pricing an IPO at Allbirds, Inc. - Student." Harvard Business School Spreadsheet Supplement 125-702, February 2025.
  • February 2003
  • Article

Which Ties Matter When? The Contingent Effects of Interorganizational Partnerships on IPO Success

By: Ranjay Gulati and M. Higgins
This paper investigates the contingent value of interorganizational relationships at the time of a young firm's initial public offering (IPO). We compare the signaling value to young firms of having ties with two types of interorganizational partnerships: endorsement... View Details
Keywords: Interorganizatonal Relationships; Networks; Venture Capital; Initial Public Offering; Entrepreneurship; Biotechnology Industry
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Gulati, Ranjay, and M. Higgins. "Which Ties Matter When? The Contingent Effects of Interorganizational Partnerships on IPO Success." Strategic Management Journal 24, no. 2 (February 2003): 127–144.
  • 27 Apr 2021
  • Research & Ideas

IPO or M&A? How Venture Capital Shapes a Startup's Future

company to a larger one. In contrast, startups funded by a VC syndicate with less familiar co-investors are most likely to exit through a potentially splashy IPO that could let founders retain more control, says Harvard Business School... View Details
Keywords: by Rachel Layne
  • October 2011 (Revised February 2012)
  • Case

The IPO of Agricultural Bank of China (ABC) (A)

By: Li Jin, Aldo Musacchio and Hania Dawood
Keywords: Initial Public Offering; Banking Industry; China
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Jin, Li, Aldo Musacchio, and Hania Dawood. "The IPO of Agricultural Bank of China (ABC) (A)." Harvard Business School Case 712-006, October 2011. (Revised February 2012.)
  • March 2013
  • Supplement

The IPO of Agricultural Bank of China Exhibits (CW)

By: Aldo Musacchio
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Musacchio, Aldo. "The IPO of Agricultural Bank of China Exhibits (CW)." Harvard Business School Spreadsheet Supplement 713-702, March 2013.
  • October 2011
  • Supplement

The IPO of Agricultural Bank of China (ABC) (B)

By: Li Jin, Aldo Musacchio and Huw Edwards
Keywords: Banks and Banking; China
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Jin, Li, Aldo Musacchio, and Huw Edwards. "The IPO of Agricultural Bank of China (ABC) (B)." Harvard Business School Supplement 712-008, October 2011.
  • February 2025
  • Supplement

Pricing an IPO at Allbirds, Inc. - Solution

By: Yuan Zou and Joseph Pacelli
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Zou, Yuan, and Joseph Pacelli. "Pricing an IPO at Allbirds, Inc. - Solution." Harvard Business School Spreadsheet Supplement 125-703, February 2025.
  • June 2018
  • Supplement

Valuing Snap After the IPO Quiet Period (B)

By: Marco Di Maggio and Benjamin C. Esty
Analyzes Snap’s value and analyst recommendations following the events described in the (A) case. View Details
Keywords: Sell-side Analysts; Underwriters; Investment Banking; Social Network; Discounted Cash Flow; Cost Of Capital; Conflicts Of Interest; Corporate Governance; Advertising; Quiet Period; Business Startups; Digital Marketing; Initial Public Offering; Information Infrastructure; Valuation; Venture Capital; Forecasting and Prediction; Social Media; Advertising Industry; Entertainment and Recreation Industry; Web Services Industry; United States; California
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Di Maggio, Marco, and Benjamin C. Esty. "Valuing Snap After the IPO Quiet Period (B)." Harvard Business School Supplement 218-096, June 2018.
  • August 2007 (Revised August 2012)
  • Supplement

Warburg Pincus and emgs: The IPO Decision (B)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon
Keywords: Initial Public Offering; Decision Making
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Hardymon, G. Felda, Josh Lerner, and Ann Leamon. "Warburg Pincus and emgs: The IPO Decision (B)." Harvard Business School Supplement 808-046, August 2007. (Revised August 2012.)
  • March 2009
  • Teaching Note

Motilal Oswal Financial Services Ltd.: An IPO in India (TN)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon
Teaching Note for [807095]. View Details
Keywords: Private Equity; Initial Public Offering; Revenue; Valuation; Going Public; Emerging Markets; Investment; Financial Services Industry; India
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Hardymon, G. Felda, Josh Lerner, and Ann Leamon. "Motilal Oswal Financial Services Ltd.: An IPO in India (TN)." Harvard Business School Teaching Note 809-018, March 2009.
  • 06 Feb 2019
  • Working Paper Summaries

Does Public Ownership and Accountability Increase Diversity? Evidence from IPOs

Keywords: by Rembrand Koning and John-Paul Ferguson
  • May 2008
  • Teaching Note

Warburg Pincus and emgs: The IPO Decision (TN) (A) and (B)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon
Teaching Note for [807092] and [808046]. View Details
Keywords: Initial Public Offering; Decision Making; Investment Banking; Financial Services Industry
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Hardymon, G. Felda, Josh Lerner, and Ann Leamon. "Warburg Pincus and emgs: The IPO Decision (TN) (A) and (B)." Harvard Business School Teaching Note 808-057, May 2008.
  • June 2018 (Revised October 2018)
  • Teaching Note

Valuing Snap After the IPO Quiet Period (A), (B), and (C)

By: Marco Di Maggio and Benjamin C. Esty
Teaching Note for HBS Nos. 218-095, 218-096, and 218-116. View Details
Keywords: Sell-side Analysts; Underwriters; Investment Banking; Social Network; Discounted Cash Flow; Cost Of Capital; Conflicts Of Interest; Corporate Governance; Advertising; Quiet Period; Business Startups; Digital Marketing; Initial Public Offering; Information Infrastructure; Valuation; Venture Capital; Forecasting and Prediction; Social Media; Advertising Industry; Entertainment and Recreation Industry; Web Services Industry; United States; California
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Di Maggio, Marco, and Benjamin C. Esty. "Valuing Snap After the IPO Quiet Period (A), (B), and (C)." Harvard Business School Teaching Note 218-101, June 2018. (Revised October 2018.)
  • June 2013 (Revised March 2014)
  • Case

Inditex: 2000

By: John R. Wells and Galen Danskin
In 2000, Inditex was one of the largest specialty apparel retailers in the world, with $2.4 billion in sales from 1,080 stores across 33 countries. Zara, Inditex's main brand, produced popular designer items at a fraction of design-house prices and could push an item... View Details
Keywords: Fashion; Fashion Industry; Succession; IPO; Competition; Initial Public Offering; Multinational Firms and Management; Management Succession; Growth and Development Strategy; Apparel and Accessories Industry; Retail Industry
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Wells, John R., and Galen Danskin. "Inditex: 2000." Harvard Business School Case 713-538, June 2013. (Revised March 2014.)
  • 2009
  • Journal Article

High-Tech IPOs in the US, UK, and Europe after the Dot-Com Bubble

By: Frank Nagle and Keith Pilbeam
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Nagle, Frank, and Keith Pilbeam. "High-Tech IPOs in the US, UK, and Europe after the Dot-Com Bubble." International Journal of Financial Services Management 4, no. 1 (2009).
  • 2019
  • Working Paper

Collusion in Markets with Syndication

By: John William Hatfield, Scott Duke Kominers, Richard Lowery and Jordan M. Barry
Many markets, including markets for IPOs and debt issuances, are syndicated: each winning bidder invites competitors to join its syndicate to complete production. Using repeated extensive form games, we show that collusion in syndicated markets may become easier as... View Details
Keywords: Collusion; Antitrust; IPO Underwriting; Syndication; "Repeated Games"
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Hatfield, John William, Scott Duke Kominers, Richard Lowery, and Jordan M. Barry. "Collusion in Markets with Syndication." Harvard Business School Working Paper, No. 18-009, July 2017. (Revised June 2019.)
  • March 2013
  • Teaching Note

The IPO of Agricultural Bank of China (ABC) (A) and (B) (TN)

By: Aldo Musacchio
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Musacchio, Aldo. "The IPO of Agricultural Bank of China (ABC) (A) and (B) (TN)." Harvard Business School Teaching Note 713-070, March 2013.
  • May 2018
  • Case

Inditex: 2018

By: John R. Wells and Gabriel Ellsworth
In 2018, Inditex, based in Spain, was the largest specialist fashion retailer in the world, generating sales of $31.5 billion in 2017 from a portfolio of eight retail brands selling through a total of 7,475 stores located in 96 countries and from websites in 49... View Details
Keywords: Fashion; Succession; IPO; Competition; Initial Public Offering; Multinational Firms and Management; Management Succession; Growth and Development Strategy; Competitive Strategy; Apparel and Accessories Industry; Retail Industry; Fashion Industry
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Wells, John R., and Gabriel Ellsworth. "Inditex: 2018." Harvard Business School Case 718-515, May 2018.
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