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Why Financial Statements Don’t Work for Digital Companies

Harvard Business Review

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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Inequality Isn’t Just Due to Market Forces — It’s Caused by Decisions the Boss Makes, Too

Harvard Business Review

For example, Costco has long been recognized as a “high road” employer that pays above market wages , offers good benefits, and provides workers opportunities for advancement. Of course, this is just one example, and there are a number of reasons why these firms’ performance varied during this period.

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How Companies Can Use Investors to Their Advantage

Harvard Business Review

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. Yet investors can be a powerful strategic resource, providing not only capital but also less-biased insight into the threats and opportunities that a company encounters.

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Midsize Cities Are Entrepreneurship’s Real Test

Harvard Business Review

Independently, Michael Porter’s Social Progress Index in 2016 specifically highlighted opportunity in Manizales as significantly higher than both Medellin and Bogota. People also need to learn how communicating about their own and others’ growth in fact benefits them.

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