Word: investers
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...both the school’s opportunities as we saw them, and its challenges,” says HBS Dean Kim B. Clark. “It was done out of a very strong belief that the nature of the opportunities and challenges were such that we needed to invest significantly in areas of the school in a way that could not be done without a campaign...
...that light, this deal—in which Harvard will pay Watertown $3.8 million this year, increasing 3 percent each year until 2054—is a heartening signal that the University recognizes its obligation to invest in surrounding communities. The $3.8 million figure is the Arsenal’s estimated tax value this year, ensuring that Watertown will not lose any revenue at all in the short term. And though the agreement ends 52 years from now, Harvard has extended other payment in lieu of taxes (PILOT) agreements after they have expired in Cambridge and Boston...
...polls. As McBride sees it, the problem for Bush and his conservative legislature is that their emphasis on testing and vouchers--and controversial tax breaks for businesses that fund scholarships to send students to private schools--seems out of step with the peninsula's apparent new desire to invest in public education. "They're in an ideological rut," says McBride, who pledges to raise revenue for public schools with a cigarette-tax increase...
...with such oddball delights as Nicky B.'s juvenile, hip-hop version of the old chestnut Davey Crocket story ("My hunting skills are badass!") Reading "SPX 2002," is like listening to a cover-song compilation by interesting bands you might not otherwise have the patience to fully invest...
...Borgdorff, managing partner of fund investments at Amsterdam's NIB Capital Private Equity, which has j11.5 billion to invest in private equity partnerships, says bringing in outside business people to salvage portfolios is part of a general restructuring of the VC industry in Europe. "Venture capital needs to rethink its business model," Borgdorff says. Smaller VC firms are already testing new models. London's Ariadne Capital, for example, acts as a sales agent for its companies, taking a slice of the revenues as they are created, rather than waiting for an exit strategy - like an initial public offering...