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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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Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. Expect more on this in 2014. There is no clear leadership in the movement. Will it happen in 2014? At long last, the Fed has finally started to taper.

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Midsize Cities Are Entrepreneurship’s Real Test

Harvard Business

We taught lending officers how to talk to businesses that were afraid that taking debt onto their balance sheets was riskier than maintaining a flat-growth business. In the second place, even if the stakeholders understand how they benefit from communicating about growth, they need to learn how to effectively talk the talk.