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25 Apr 2014
Research & Ideas

To Pay or Not to Pay: Argentina and the International Debt Market

compared to consensual sovereign bond restructurings. A few holdout investors refused to concede and sued. These so-called "vulture" investors, hedge funds that bought the defaulted loans at deeply reduced prices and then sued... View Details

Keywords: by Laura Alfaro

01 Jan 2006
News

Sir Ronald M. Cohen, MBA 1969

developed a loan guarantee program for Palestinian banks that enables them to increase the size of the loans they make to small and medium-sized businesses. “The views of businesspeople in the region tend to... View Details

01 Sep 2003
News

Andrea Silbert

the Community Entrepreneurs Program and attend sessions that cover the basics — business literacy, planning, and launch, for example — while those further along in the process can get help through CWE’s Business Excellence Center or by making an appointment with a... View Details

Keywords: Susan Young; Management, Scientific, and Technical Consulting Services; Professional Services

01 Jun 2016
News

Fellowships Have Impact

Leadership and Innovation “The fellowship was helpful in making decisions for my life in the sense that by minimizing my student loan burden, I was able to really pursue the career that I was most excited about.” Josue Zapata (MD/MBA... View Details

09 Jan 2006
Research & Ideas

Rebuilding Commercial Real Estate

'78), the former head of real estate for Fidelity Management & Research Company in Boston who now handles special projects for Fidelity. Real estate syndicators essentially sold tax losses to their well-heeled clients. Savings and loans, desperate for high returns,... View Details

Keywords: by Roger Thompson; Construction; Real Estate

07 Sep 2021
News

Increasing Access and Expanding Opportunity

provided additional support to students and helped them with career exploration. The third is post-graduation. HBS’s career support programs—including those providing supplemental income or loan repayment assistance—help students pursue... View Details

Keywords: Jennifer Gillespie

01 Sep 2018
News

After the Fall

Lovett-Learned Professor of Business Administration In mid-2007, corporate lending began to decrease—a trend that accelerated during the banking panic in the fall of 2008, with new loans to large borrowers falling 47 percent during the... View Details

Keywords: Jennifer Myers; illustration by Dan Bejar; Monetary Authorities-Central Bank; Finance; Securities, Commodities, and Other Financial Investments; Finance; Executive, Legislative, and Other General Government Support; Government

2024
Working Paper

FinTech & Financial Frictions: The Rise of Revenue-Based Financing

By: Dominic Russel, Claire Shi and Rowan Clarke

We use data from a major South African payment processor to study how digital payments mitigate asymmetric information challenges in small business “revenue-based financing” contracts, which tie repayment schedules to future revenue. Eight months post-financing,... View Details

Keywords: Fintech; Small Business; Financing and Loans; South Africa

SSRN

August 2023
Article

Financing the Litigation Arms Race

By: Samuel Antill and Steven R. Grenadier

Using a dynamic real-option model of litigation, we show that the increasingly popular practice of third-party litigation financing has ambiguous implications for total ex-post litigant surplus. A defendant and a plaintiff bargain over a settlement payment. The... View Details

Keywords: Litigation Financing; Dynamic Bargaining; Real Options; Lawsuits and Litigation; Financing and Loans

SSRN

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February 21, 2011
Article

How to Refocus U.S. Mortgage Interest Relief

By: Robert C. Pozen

Keywords: Interest Rates; Mortgages

January 2002 (Revised January 2003)
Case

Publishing Group of America (B)

By: Jay O. Light, Michael J. Roberts and Taslim Pirmohamed

Supplements the (A) case. View Details

Keywords: Business Startups; Financing and Loans; Publishing Industry

January 2002 (Revised August 2006)
Background Note

New Venture Financing

By: Howard H. Stevenson and Michael J. Roberts

Describes the various alternative financing alternatives available to new ventures. A rewritten version of an earlier note. View Details

Keywords: Financing and Loans; Business Startups

Web

Forward Fellowship | MBA

award is intended to reduce their MBA loan debt and to help them make an investment in themselves. Forward Fellowship awards and evaluation criteria The Forward Fellowship award is $30,000 ($15,000 each year). Unlike regular need-based... View Details

01 Sep 2016
News

@Soldiers Field

Photos by Susan Young Photos by Susan Young An Instagram-worthy sculpture in the shape of a cartoon speech bubble—and large enough to double as a bench—is one of four new campus art installations, on loan from prominent contemporary... View Details

Portrait Project

Shibani Joshi

meant fame and wealth, but today I see the meaning as much more profound. Now breaking free involves resisting the temptation to return to the investment bank I previously worked for and instead pursuing my dreams in the entertainment industry. With burdensome View Details

01 Jun 2011
News

Students Start-Ups Tap New HBS Fund

Muslims (Mohammed Aaser, MBA ’11): A children’s entertainment and education brand for Muslim Americans. MatchLend (Jeffrey Engler, MBA ’11, and Charles Deutsch): A tool to improve loan underwriting accuracy. ÃÂ Ovuline (Vasile Tofan, HBS... View Details

Keywords: awards

June 1999
Case

Zhulebeno Plaza, The

By: William J. Poorvu and Daniel J. Rudd

Cameron Sawyer, CEO of Sawyer & Co., seeks financing for a shopping center he is developing in Moscow. The case describes the opportunities and challenges of doing development in Russia. View Details

Keywords: Buildings and Facilities; Business Ventures; Entrepreneurship; Financing and Loans; Cross-Cultural and Cross-Border Issues; Real Estate Industry; Moscow; Russia

February 1999 (Revised June 1999)
Case

Hotmail

Sabeer Bhatia, cofounder and CEO of Hotmail, is making efforts to finance and grow this business, which is based on free Web-based e-mail. Describes early, successful efforts at raising several rounds of venture capital and presents choices around a next stage of... View Details

Keywords: Venture Capital; Internet; Financing and Loans; Problems and Challenges; Business Startups; Web Services Industry