Publications

Research Summary

Management Control Issues of International Ventures

William J. Bruns, Jr. is conducting (with Sharon M. McKinnon of Northeastern University) a field study of control issues that arise in international ventures between U.S. and European companies. Bruns' research is aimed at answering questions raised by earlier... View Details

10 May 2004
Research & Ideas

Rethink the Value of Joint Ventures

For many multinational firms doing business in unfamiliar countries, it made sense to create joint ventures with local firms. After all, that local knowledge of customs, suppliers, and markets could save the newcomer months—maybe even... View Details

Keywords: by Cynthia Churchwell

1996
Journal Article

Venturing Beyond Compliance

By: L. S. Paine

December 2007
Teaching Note

Village Ventures (TN)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

20 Jan 2020
News

Is Venture Capital Worth The Risk?

17 Sep 2018
Blog Post

My Summer as a Venture Capitalist

This summer I had the opportunity to intern at a venture firm based in Boston called Underscore. Their approach during the interview process really stood out to me and set me up for a summer where I was able to make an impact. What do you... View Details

Keywords: Venture Capital / Private Equity

03 Apr 2008
Working Paper Summaries

Bridge Building in Venture Capital-Backed Acquisitions

Keywords: by Paul A. Gompers & Yuhai Xuan

August 1996
Article

When Do Joint Ventures Create Value?

By: Ashish Nanda and P. Mohanram

Firms enter into joint ventures when their performance is deteriorating. Parent firms earn significant positive returns around announcements. However, at joint venture level, market value weighted return is insignificant. The stock market reacts negatively to ventures... View Details

Keywords: Joint Ventures; Financial Markets; Value

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March 2021
Teaching Plan

The Black New Venture Competition

By: Karen G. Mills, Jeffrey J. Bussgang, Martin A. Sinozich and Gabriella Elanbeck

Black entrepreneurs encounter many unique obstacles when raising capital to start and grow a business, some stemming from deep systemic discrimination. During their second year at Harvard Business School (HBS), MBA students Kimberly Foster and Tyler Simpson decided to... View Details

22 Jun 2015
News

Picking Venture Capital's Biggest Brain

Program

Private Equity and Venture Capital

venture capital fields, our foundational investment program, Foundations of Private Equity and Venture Capital, may be more appropriate. The programs are not intended to be taken consecutively and are... View Details

Keywords: Finance; Finance

December 2010
Background Note

Risk and Reward in Venture Capital

By: William A. Sahlman

This note describes the payoff structure of investment in individual venture capital–backed companies and in venture capital portfolios. Venture Capital investments are characterized by high failure rate (0ver 50%) and a small number of given successes (greater than... View Details

Keywords: Capital Markets; Venture Capital; Investment Return; Investment Portfolio; Analytics and Data Science; Failure; Performance; Information Technology

March 2015
Background Note

Equity Compensation in Startup Ventures

By: Ramana Nanda, Robert White and Stephanie Puzio

Setting equitable and "market" level compensation for founders and early employees of startups is one of the most important elements of a new venture. It is not only central to attract and retain the best human capital for the startup, but is critical to align... View Details

Keywords: Entrepreneurial Finance; Equity; Finance; Entrepreneurship

April 2023
Supplement

Southwick Social Ventures

By: Henry McGee

December 1994
Case

Snack Ventures Europe

By: Ray A. Goldberg and Don Daniels

Keywords: Food and Beverage Industry; Europe

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1996
Chapter

Venturing Beyond Compliance

By: Lynn S. Paine

Keywords: Governance Compliance

November 1997
Teaching Note

Watermill Ventures TN

By: David A. Garvin

Teaching note for (9-397-010). View Details

25 Dec 2008
News

Venture to Nowhere

February 1998
Background Note

Contracting and Control in Venture Capital

By: Paul A. Gompers

Discusses the control mechanisms and contracts utilized by venture capitalists. The emphasis is on understanding potential conflicts of interest and how the contracts mitigate those conflicts. View Details

Keywords: Venture Capital; Governance Controls; Contracts; Business or Company Management; Conflict of Interests