Equity Investment - Publications - Faculty & Research

01 Dec 2002
News

Straddling Two Worlds

succeeded in business. “I've really had two careers,” he observes, “one as a for-profit financial entrepreneur and one as a crusader for economic development.” As a managing partner in his own investment firm, Tierney has the freedom to... View Details

Keywords: Susan Young

Web

Corporate Governance and Boards of Directors - Course Catalog

students. Many of you will be entrepreneurs building and working with a board of directors as you create and grow your company. Others will join private equity or venture capital firms where you will serve on the boards of the firm’s... View Details

01 Mar 2004
News

Drug Imports a Hot Topic at Alumni Health-Care Conference

slowdown of wireless technology, and the increasingly bright outlook for venture capital and private equity. Global private equity funding has been on the order of $300 billion since the beginning of 2000, with over 60 percent of that... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

06 Feb 2006
Research & Ideas

The Trouble Behind Livedoor

participate in the equity markets unless they had a lot of money. In 2001, however, a law requiring net assets per share to remain above 50,000 yen was repealed, clearing the way for firms to split to lower prices, and thus attract retail... View Details

Keywords: by Sean Silverthorne; Financial Services; Technology

12 Aug 2014
First Look

First Look: August 12

is about experimentation: the probabilities of success are low, extremely skewed, and unknowable until an investment is made. At a macro level, experimentation by new firms underlies the Schumpeterian notion of creative destruction.... View Details

Keywords: Sean Silverthorne

07 Apr 2003
Research & Ideas

XTV: Xerox’s Attempted Recovery From “Fumbling the Future”

invested $3.5 million and received 80 percent of the equity in the company. Becoming independent also gave the start-up organization the freedom to compete head-on with the internal Xerox development units... View Details

Keywords: by Henry Chesbrough

22 Sep 2009
First Look

First Look: September 22

Series, No. 15325, September 2009 Abstract Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for underinvestment that exist even when externality-induced... View Details

Keywords: Martha Lagace

19 Feb 2020
News

Capitol Ideas to Combat Climate Change

“You are seeing meaningful renewable programs in most states, and that’s both good news and bad news.” Using the example of her own company, a private equity firm investing in the energy sector, she... View Details

Keywords: April White; photos by Jack Conroy

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 private equity ownership... View Details

Keywords: Martha Lagace

24 Aug 2020
Blog Post

My Journey to Joining the first MS/MBA Biotechnology: Life Sciences Cohort

forecasting expected revenues, to developing an equity investing plan for a major pharmaceutical company and performing due diligence on M&A targets. I also spent four months on secondment within a... View Details

08 Nov 2016
First Look

November 8, 2016

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 approach blends Merton’s insights... View Details

Keywords: Sean Silverthorne

16 Apr 2019
First Look

New Research and Ideas, April 16, 2019

Europe, a private equity investment company, had worked in the family business for a few years but had developed a career mainly outside of the family business. The transfer of the shares’ ownership had... View Details

Keywords: Dina Gerdeman

15 Jun 2016
Research & Ideas

These VC Partners May Make Your Firm Less Innovative

much-needed cash but also expertise and advice. In a perfect world, everyone benefits. The VC firm takes an equity stake and makes money when the company succeeds, rewarding limited partners who have View Details

Keywords: by Michael Blanding; Financial Services; Banking

26 Apr 2022
Blog Post

How I Spent My HBS 2+2 Deferral: Vasilis Mornto

and so the final step of my pre-HBS journey was interning with a global private equity firm which had just opened an office in my hometown of Athens, Greece. It was a fantastic experience because it combined learning about finance and the... View Details

Profile

Bei Guo

As an analyst at Citigroup in Japan, Bei Guo gained firsthand experience on the impact of equity capital markets on Asian business. "There are many excellent companies in Japan," Bei says, "and China is on a growth path in... View Details

Web

Entrepreneurship in Life Sciences - Course Catalog

interested in working in or investing in the life sciences. While the course is focused on the life sciences, students need not have a scientific background, merely a passion for making an impact through participation in these ventures.... View Details

05 Nov 2001
Research & Ideas

Venture Capital Goes Boom—or Bust?

market timing was critical to the success of the new venture. In addition to providing financing and advice on product development, marketing, and finance, Kleiner introduced Netscape to key Silicon Valley players, as well as the View Details

Keywords: by Paul A. Gompers & Josh Lerner

Web

Strategic Financial Analysis Online Course | HBS Online

by learning how to maximize investment portfolio value with alternative investments, including private equity and real estate. 5 weeks, 6–7 hrs/week Pay by August 7 $1,850 Certificate Sustainable View Details

11 Apr 2017
First Look

First Look at New Research, April 11

failure tolerance has an equilibrium price—in terms of an investor's required share of equity—that increases in the level of radical innovation. Financiers with investment strategies that tolerate early failure will endogenously choose to... View Details

11 Mar 2001
Research & Ideas

Group Therapy

discovered that family ties in that country are so prevalent that they are not as useful as interlocking directorates and pyramidal equity structures in delineating business group boundaries. Furthermore, stock returns of group affiliates... View Details

Keywords: by Peter Jacobs

Publications