Last night, we were at a HBS event honoring Charles Schwab for the magnificent turnaround that he has instituted since his return as the CEO of the company he had founded thirty years back. Today’s news proclaims the return of Michael Dell to the CEO spot at Dell, replacing Kevin Rollins. Interesting development, although, my
Yahoo will create 100 branded entertainment destinations around major brands like Harry Potter, Nintendo Wii, etc. (NY Times) Very recently, I wrote 4C: Yahoo’s Turnaround Formula, criticizing them for having haphazard offerings with no segmentation. This announcement addresses some of my points, in that they are actually tying together various disjointed and haphazard properties around
Interesting post about VCs with 10+ years experience never having received a carry check. Definition of carry: The carried interest is the percentage of profits that a fund earns as a performance incentive – it’s a concept that applies to venture firms, buyout funds, real estate and hedge funds alike, among others. The typical carried
Verizon had apparently passed on the opportunity to be the exclusive partner for Apple’s iPhone. This post from Macuser nails the issue: :: In case you’ve missed the impact of this whole fiasco: I’m a Verizon customer. And my contract is in effect for another year. C’mon guys: I would have totally traded up to
Color TVs per 100 households: 1. Belgium | US 99.6 3. Taiwan 99.4 4. Finland | Ireland 99.3 6. Hong Kong 99.1 7. Japan 99.0 8. Saudi Arabia 98.9 9. Canada 98.8 10. Netherlands | Singapore 98.7
Telephone lines per 100 people: 1. Bermuda 86.2 2. Luxembourg 79.8 3. Sweden 71.5 4. Switzerland 71.0 5. Iceland 66.4 6. Germany 66.2 7. Denmark 64.5 8. Canada 64.3 9. Virgin Islands 63.9 10. United States 60.6
By Atanu Dey, Guest Author India’s economic growth depends critically on the development of its 700-million strong rural population living in 600,000 villages. The challenge is to manage their transition from a village-centric agricultural-based economy to a city-centric non-agricultural economy urgently.
Have a look at this: NY Times Fashion critic opens a blog called Runway. It’s got some class, and promises to be something potentially non-trashy, judging by the delightful piece on Alber Elbaz’s experiments with Polyester, and a gem of a line: tomorrow is actually a difficult place to reach.