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Why Financial Statements Don’t Work for Digital Companies

Harvard Business

Similarly, Microsoft paid $26 billion for loss-making LinkedIn in 2016, and Facebook paid $19 billion for WhatsApp in 2014 when it had no revenues or profits. This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement.

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How Companies Can Use Investors to Their Advantage

Harvard Business

By 2016, the rise of smart phones seemed to have made the company less relevant: Its revenues were at almost the same level they had been a full decade earlier. Commented one: “I’ve seen many transformations, but if the market is shrinking at 10% you really need to cut costs at a faster rate to maintain your margin.

Company 30
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Google Chrome Approaching World Domination?

MishTalk

The modern browser wars began in earnest in 2004, when Mozilla Firefox challenged Internet Explorer''s complete and utter market dominance, successfully growing from zero to several hundred million users in less than five years. The trouble is, that policy doesn''t take effect until January 2016.

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Midsize Cities Are Entrepreneurship’s Real Test

Harvard Business

Scaling Up Manizales ( Manizales-Más in Spanish), an economic development coalition of local institutions and the Babson Entrepreneurship Ecosystem Platform (BEEP), which I created and lead, was launched in 2012 with the ambitious aim of revolutionizing the pursuit of opportunity. strategic hires).

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FOMC Minutes and Economic Projections: Dissent in Both Directions

MishTalk

Minyanville Business and Market News. Balanced Budget Ammendment Sign the Balanced Budget Petition. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Following is a snip from the June 18-19, 2013 Minutes of the Federal Open Market Committee , released today. Daily Bell.

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As European Banks Retreat from the World Stage, China Is Stepping Up

Harvard Business

There has been a truly dramatic retrenchment from foreign markets, making banking a rare case of an industry becoming less, rather than more, global. For instance, before the crisis, the three largest German banks had two-thirds of their total assets in foreign markets; today it is only one-third.

Banking 28
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Is Mario Draghi a Bare-Assed Emperor With No Clothes?

MishTalk

ECB Hints at March Stimulus ECB president Mario Draghi ignited the markets today with Hints at More Stimulus in March. Investors reacted positively to Mr. Draghi’s comments Thursday, with eurozone equity markets moving higher in anticipation of further stimulus from the central bank. The euro fell against the U.S. We don’t give up.”