Word: baines
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...many as 250 incubators sprang up around Europe in the dotcom boom. Through mergers or natural attrition, as few as 10 could go the distance in the next phase of the New Economy. Reinvention, it seems, is the key to survival: at bainlab, the incubator division of consultants Bain & Company, the focus has expanded from simply incubating small companies to include consulting work and due diligence for other venture capitalists looking to invest. The talk too is of corporate ventures - helping those strong Old Economy firms that have outlasted the first Internet wave find their feet online. Other incubators...
...course, all this caution has given rise to concern that, after the hype of the Internet's infancy in Europe, the pendulum has swung too far the other way. "Venture capital should be a risk-long business," says Nick Greenspan, a partner at Bain & Company and co-founder of bainlab. "Instead, it's become extremely risk-averse." Jerome Mol, founder and ceo of GorillaPark, says investors are judging European companies by American standards even though the U.S. market is larger and more advanced...
...Bain and Company intends to hire about the same number of Harvard graduates as last year, said Connie Clifford, director of the company's college recruiting...
...first two rounds, teams prepared answers to case questions and were each judged by a representative from one of the five consulting firms that sponsored the event--McKinsey, Bain, Monitor, Oliver, Wyman & Co. and Cap Gemini Ernst & Young...
...enthusiastic and briskly written 800-page Empire Express, published last year and now in a Penguin USA paperback edition, Middlebury College scholar David Haward Bain follows the money and back-room politics in more detail than Ambrose provides. Not unexpectedly, the G.I.'s chronicler prefers the front lines, where he is at his best describing men, armed with only hand tools, hacking and scraping their way over 2,000 inhospitable miles. When black powder proved too slow in piercing mountain granite, more powerful but dangerously unstable nitroglycerin was used--even though that meant more blasters would...