In the year 2007, around half of the mobile phones sold in the world were Nokia phones. By all measures, Nokia was a massive company, and there was no indication that it would ever fail. That is until the iPhone came along. Continue reading “Sustained competitive advantage is an impossibility in today’s world”
Snapchat’s IPO : Was going public a mistake?
An IPO is every startup founder’s dream. In COMM 101’s finance class we learned that Initial Public Offerings are a chance to raise money, increase the market value of a company, increase financial flexibility and generally grow the company. But what happens when you experience the opposite when you go public?
Continue reading “Snapchat’s IPO : Was going public a mistake?”