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  • All HBS Web  (2,534)
    • People  (3)
    • News  (564)
    • Research  (1,642)
    • Events  (15)
    • Multimedia  (7)
  • Faculty Publications  (1,055)
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  • September 2024 (Revised March 2025)
  • Supplement

Wemade: (Re)Establishing Trust in Blockchain Games (B)

By: Jung Koo Kang, Charles C.Y. Wang, David Allen and Kwangmoon So
This supplement reviews Wemade's efforts to rebuild confidence in its business after its WEMIX coin was delisted from the major South Korean cryptocurrency exchanges on December 8, 2022. It outlines Wemade's strategy of transparency, which included partnerships with... View Details
Keywords: Blockchain; Cryptocurrency; Crypto Economy; Accounting; Financial Reporting; Revenue Recognition; Games, Gaming, and Gambling; Corporate Disclosure; Information Technology; Financial Markets; Governance; Accounting Industry; Video Game Industry; South Korea
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Kang, Jung Koo, Charles C.Y. Wang, David Allen, and Kwangmoon So. "Wemade: (Re)Establishing Trust in Blockchain Games (B)." Harvard Business School Supplement 125-018, September 2024. (Revised March 2025.)

    Lester M. Alberthal, Jr.

    Under Alberthal's leadership, EDS regained its prominence as the leader in information technology services. He is credited with tripling revenues and lessening the firm’s dependence on General Motors as a major client. In 1996, Alberthal... View Details
    Keywords: Services

      Robert A. Pinkerton II

      Pinkerton grew his grandfather's private investigating firm into a large security services company, providing such new services as event security, jewel thief investigation, and industrial building security. Such expansion allowed the company’s View Details
      Keywords: Services

        Louis K. Liggett

        Liggett developed the name “Rexall” for a wide variety of his products (patent medicines, spices, toilet soap, etc.). He also used it as the name of “franchise stores,” making it into a household name. By 1928 the annual revenue of United... View Details
        Keywords: Retail

          Stephen M. Case

          Case, the founder, has built America Online into the world’s largest online service provider with over 20 million members, and services which include commerce, e-mail, chat, and Internet access. In 1998, America Online’s revenues were... View Details
          Keywords: Communications

            Warren H. Phillips

            Phillips presided over Dow Jones & Company’s most successful financial performance – generating a sevenfold increase in revenue and a fivefold increase in profitability. He greatly expanded the Wall Street Journal’s Asia-Pacific... View Details
            Keywords: Publishing & Print Media

              Lawrence A. Bossidy

              Through a number of sweeping initiatives including the introduction of a total quality management program, Six Sigma, and the reduction of the workforce by 20%, Bossidy turned AlliedSignal around. When Bossidy took over AlliedSignal, the company had $12 billion in... View Details
              Keywords: Automotive & Aerospace

                James C. Penney

                Having worked his entire life in retail, Penney bought out his two business partners in 1907, forming the entity that would eventually become the J.C. Penney Company. Under Penney’s leadership the chain expanded rapidly throughout the U.S., eventually coming to have... View Details
                Keywords: Retail

                  William E. LaMothe

                  LaMothe enabled Kellogg to capitalize on the health food consciousness of the 80’s by introducing new products, and, in so doing, he continued Kellogg’s 41-year run of increased sales. He is credited with dramatically expanding Kellogg’s international operations –... View Details
                  Keywords: Food & Tobacco

                    Ralph A. Hart

                    Hart was instrumental in taking the newly public company, Heublein, to new heights. He grew revenues five-fold (from $100 million to $500 million) and dramatically expanded Heublein’s international footprint with production facilities in... View Details
                    Keywords: Food & Tobacco
                    • 01 Sep 2005
                    • News

                    Upstart Startup

                    specializes in sophisticated financial analyses, and expects revenues of $100 million this year, according to Business Week (July 11, 2005). In the beginning, “No one thought it was a viable idea, but we decided to do it ourselves... View Details
                    • Career Coach

                    Matt Spielman

                    the globe.   To complement his training as a certified executive coach, Matt draws upon his operating experience working as a Chief Marketing Officer, Chief Revenue Officer, SVP Strategy & Innovation and Chief People Officer.    Matt... View Details
                    Keywords: Consumer Products; Entertainment / Media; Entrepreneurship; Financial Services (All); Investment Banking; Financial Services (All); Investment Management; Financial Services (All); Sports; Technology; Venture Capital; Financial Services (All)
                    • 27 Jul 2009
                    • Research & Ideas

                    Social Network Marketing: What Works?

                    content). Q: Were you able to quantify social influence in terms of how it increased or decreased the percentage in sales revenue? A: The impact of the low-status group on revenue is negligible. Social influence increases View Details
                    Keywords: by Sarah Jane Gilbert; Advertising; Publishing; Retail
                    • 25 Feb 2020
                    • News

                    Case Study: The Credit Bureau

                    There’s no need to give these firms a share of the revenue because there are many ways to reach the end customer. —Sergio Rattner (MBA 2001) I believe the solution is to pursue the hybrid option. My reasoning is that D2C is working and... View Details
                    Keywords: Jen McFarland Flint; Real Estate
                    • 01 Jun 2008
                    • News

                    New Face at Facebook

                    advertising arm, which generates more than half its revenue and employs thousands of people. In addition to developing an advertising network for Facebook, she will be in charge of marketing and human resources. “Facebook represents one... View Details
                    Keywords: News, Library, Internet, and Other Services; Information
                    • Web

                    HBS - Financials | 5 Year Summary

                    Activity & Cash Flows Consolidated Balance Sheet Supplemental Financial Information 5 Year Summary Financials (in millions) 2021 2020 2019 2018 2017 Revenues $805 $861 $925 $856 $800 Expenses 779 831 821 766 731 Cash from Operations 26 30... View Details
                    • 05 Aug 2015
                    • News

                    Bringing New Life to an Iconic Magazine

                    the organization (now operating as the Advisory Board Company and Corporate Executive Board) employs more than 6,500 people and generates annual revenues approaching $1.5 billion. While he didn’t fulfill his political dreams, Bradley... View Details
                    • 15 Nov 2017
                    • Research & Ideas

                    How Does a Social Startup Decide to Commercialize? It May Depend on the Founder's Gender

                    donations or grants, hybrid organizations generate their own commercial revenues that sustain their pursuit of a social mission. While hybrid models can enhance financial sustainability, they also pose new challenges for entrepreneurs.... View Details
                    Keywords: by Carmen Nobel
                    • 14 Oct 2009
                    • First Look

                    First Look: October 14

                    fiscal and risk premium data for Brazil states between 1891 and 1930 to show that Brazilian states with natural endowments that were allowed to export commodities high in demand (e.g., rubber and coffee) ended up having higher revenues... View Details
                    Keywords: Martha Lagace

                      James S. McDonnell

                      McDonnell built one of the most successful government-contracted industrial space and aircraft production businesses in the U.S. His company produced the Phantom jet fighters, the Mercury Space Capsule, and the Gemini spacecraft. In 1967, he orchestrated the merger... View Details
                      Keywords: Automotive & Aerospace
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