Word: partnering
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...share of megacases, including the landmark bankruptcy that resulted from lawsuits against Dow Corning over silicone breast implants, landing GM may be an uphill battle. "The [lawyers] for the automobile companies sleep much closer to New York and Delaware than they do to Detroit," says Hugh Ray, a partner at the Houston-based law firm Andrews Kurth who is also admitted to the New York bar. "You're afraid of what you don't know, and it's easy to tell a client they face a great deal of uncertainty, when what they should tell the client...
Graham is a partner in Y Combinator, a Mountain View, Calif., company that invests small sums of money in LILO-style start-ups and advises them during their ramen days. The difference between a start-up and a small business, by the way, is that a "start-up is designed to grow - it's scalable," said Graham. Compare a hair salon with Facebook. "Hair salons scale linearly," he explained. "You have to do twice as much work to get twice as much revenue." But once Facebook was built? It grew exponentially...
Since they had no money, they quickly enlisted as their partner a former roommate, Nathan Blecharczyk, who had some technical skills. He built the website - which was initially aimed at cities with big conference calendars - and made it easy for hosts to offer low-rent lodging to visitors. AirBnB.com handled the financial transaction between guests and hosts and took 10% from the guests and 3% from the hosts...
...people would forget that exchange before they got out of the cab. But Zandi, 49, stores conversations like these for future use in congressional briefings and spots on CNBC. As the public face of Economy.com - an economic-forecasting company that he started with his brother Karl and a third partner in 1990 and sold to Moody's in 2005 for $27 million - Zandi has the job of predicting the economic future and explaining the tumultuous present to clients that range from Wall Street investors and sovereign wealth funds to staffers from the Commerce and Treasury departments. He's the recession...
Actor James Haven came to Kirkland House’s Junior Common Room last night, bearing a message of solidarity but failing to deliver his famous sister, actress Angelina Jolie, and her partner, Brad Pitt—both of whom appeared set to attend the event earlier in the day, according to event organizers...