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Robbing Peter to pay Paul
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During one of his talks to the students at the Sloan School of Management, during the early part of the decade, Michael Dell had a few words of wisdom to share when he was questioned by a student regarding Dell’s possible acquisitions of companies to enter a new product category – the PDA market if I remember right.
“To enter a new product category, you don’t have to acquire a company,”...
The Girls Next Door and the Million Dollar Baby
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When the IPL III auction started its engine, conventional wisdom held that players jarred by a tight schedule would be overlooked by franchises looking to mitigate their financial risks. After all, these franchises had given a number of players, from around the world, new deals in the worst of times and a patchwork of economic safety since then. They’d do well to solve their own problems before...
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