Remove 2018 Remove Balance Sheet Remove Development Remove Operations
article thumbnail

Why Financial Statements Don’t Work for Digital Companies

Harvard Business

On February 13, 2018, the New York Times reported that Uber is planning an IPO. This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement. Let’s first look at the balance sheet. steven moore for hbr.

article thumbnail

Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

could become the world’s largest oil producer in 2018, surpassing Saudi Arabia and Russia. output comes from fracking operations that have cut costs dramatically since slumping prices in 2014 forced dozens of companies into bankruptcy. Analysts have predicted that U.S. How did we get here, and what does it mean for the industry?