Word: investor
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...Radar, a new take on social networking Web sites, walked away with the grand prize in a competition held this semester by the newly-formed Harvard College Entrepreneurship Forum (HCEF).HCEF will link the winners of their 2007 Startup Plan Competition and Summer Fellowship Program to an early-stage investor who will provide up to $10,000 to cover the team’s expenses while they develop their business.Tanjeloff and Galkowski, who were honored for their win in a ceremony held last week, first met through HCEF’s online community and soon started work on the business...
...Only a month ago, investor Sam Zell acquired effective control of the Tribune company - owner of such venerable papers as the Los Angeles Times and the Chicago Tribune - for not much more than the value of the company's landmark headquarters. After that debacle, Murdoch's cash-on-the-barrel offer of roughly $25 above the Dow Jones share price seemed to spell the end of a nightmare...
...offers companies seeking capital a chance to dip into London's deep investor pool under lighter regulations than those on competing markets. That's got U.S. rivals in a spin. As overseas firms bypass New York to trade on AIM - which now lists more than 300 foreign companies, one-fifth of them from the U.S. - it has faced accusations of lax standards. In January, NYSE CEO John Thain claimed AIM "did not have any standards at all, and anyone could list." A month later, Roel Campos, a commissioner at the U.S. Securities and Exchange Commission, the stock-market regulator, branded...
...conscious businesses as Entergy (a leading U.S. nuclear power plant operator) and Broadwater Energy (which hopes to build a liquefied-natural-gas terminal in New York's Long Island Sound). With the other hand, the company began reaching out to such key Bush supporters as oilman T. Boone Pickens, investor Thomas Hicks and the Bass family...
...Firms invest in other firms, partner with other firms, and hold complex financial instruments that give them partial claims to ownership of yet other firms. Add to this the dynamic and quickly-changing nature of today’s business environment, and it becomes almost impossible for an institutional investor of Harvard’s size to completely separate itself from any segment of the global market. “Total divestment” is little more than a pipedream because there will always be some link to a questionable company, no matter how tenuous.Given this reality, the best...