Sections SEARCH Skip to content Skip to site index Style Subscribe Log In Log In Today’s Paper Style | The School Photo Industry Is a Master Class in Drama Advertisement Supported by Say cheese, boys and girls! Or say: big money, lawsuits, lice panics and monstrous little pyromaniacs. ByDavid Gauvey Herbert May 10, 2019 DALLAS — Other dangers were self-abetted. He no longer provides hair spray, after a young mischief maker in North Carolina used a lighter to turn the canister into a flamethrower. Mr. Wunder’s toughest battles, however, haven’t been getting The company is based in Eden Prairie, Minn., though, if you ask Mr. Wunder, there is little Edenic about its business practices. In his early days as a manager at Inter-State, the country’s second largest photo company, Mr. Wunder watched as Lifetouch gobbled up competitors and grew to $1 billion in annual revenue. Now, as the … [Read more...] about The School Photo Industry Is a Master Class in Drama
Trade tech online classes
Second Sunday Series: This is one of 12 columns on work in the trades appearing over 12 months – one each on the second Sunday of every month since last September. Before there were entrepreneurs creating phone apps, before there were purveyors of suburban storage units, before there were house flippers, tech startups and food delivery services … before almost everything else that we know as modern business ownership, there was the humble trades worker running his (or sometimes her) own show. Every town had them: blacksmiths making horseshoes, carpenters and stoneworkers putting together homes and storefronts, cabinet makers building furniture (and coffins), milliners and tailors providing the clothing and hats worn for Sunday best. For countless centuries, trades have been a dominant economic force in America and elsewhere, and businesses — and business people — featuring their skills, have anchored the nation’s economic output. You don’t need … [Read more...] about Working Strategies: Owning your own business in the trades
Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | DealBook Briefing: Could ‘Down Round’ I.P.O.s Hit the Tech Unicorns? Advertisement DealBook Supported by April 8, 2019 Good Monday morning. (Was this email forwarded to you? Sign up here .) Pinterest’s modest I.P.O. valuation should worry other unicorns The digital pin board company disclosed today that its I.P.O. would value it at less than its last private fund-raising round. That’s a big warning sign for other tech companies that are poised to go public this year. The high range of Pinterest’s I.P.O. would value it at $11.3 billion, below the $12 billion attained from private investors two years ago. In Silicon Valley speak, that’s a “down round” — something companies generally hope to avoid because it undermines confidence. Coupled with early … [Read more...] about DealBook Briefing: Could ‘Down Round’ I.P.O.s Hit the Tech Unicorns?
By: Alex Rankine 05/04/2019 The excitement over this year’s technology flotations is reminiscent of the dotcom bubble frenzy. Will it end the same way? Alex Rankine reports.Is an unprofitable taxi firm worth $24bn, asks Lex in the Financial Times. Number-two US ride-sharing business Lyft managed to price well above its initial filing range when it listed on the Nasdaq at the end of last week, despite losing nearly $1bn last year. The valuation “only makes sense” if you accept that ride-hailing apps are a different business to traditional taxis. But Lyft has no “road map to profitability” other than the hope that expansion and technology will bring down costs. The firm’s 20% bounce in the share price on the first day of trading says “more about the… excitement over a new crop of initial public offerings” than Lyft’s prospects. This year will see the “coming-of-age” of plenty of tech … [Read more...] about Tech bonanza 2.0 kicks off
The story of Symantec’s recent transformation starts with a strategic aspiration: to position the company as a major disruptor in its chosen sector of cybersecurity. Over the span of five years, the company went through two major divestitures, selling Veritas to a private equity group in 2016, and Website Security to DigiCert in 2017. The company also made two large acquisitions, Blue Coat in 2016 and LifeLock in 2017, followed by three smaller ones. Symantec then initiated two intensive rounds of restructuring that included reducing head count, which laid the groundwork for a subsequent wave of growth. In doing all this, the company reoriented its purpose. It went from selling enterprise software to providing the world’s leading cybersecurity platforms for both consumers and global enterprises, and shifted business models from product orientation to subscription-based. The company also went through a deeply felt cultural change, including a new emphasis on diversity at the … [Read more...] about Inside Symantec’s Tech Transformation