Word: spinning
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...also higher for new IPOs. "Back in the '90s, people were able to go out with just a business plan, raise money in an IPO and then spin the company off to somebody without ever even renting office space," says Marc Pado, U.S. market strategist at Cantor Fitzgerald. Those quick-buck days are long gone as venture capitalists and others are now prepared to hang on to an investment for up to eight years...
Wait a second: eBay bought Luxembourg-based Skype from the Scandinavians for $2.6 billion in 2005 - a lofty sum that made the heads of many in Silicon Valley spin. Can the founders now really hope to block the resale of Skype by pulling the technology on which it runs? "People are puzzled about how this happened," says analyst Stephan Beckert with Washington-based TeleGeography Research. "One thing I can say: You don't want to mess with Zennstrom...
...early September, the committee moved into a phase of “convergent thinking,” during which it scrapped ideas deemed unfeasible. “The ground rules for the first phase was you could think of everything. Nothing is sacrosanct because you could have ideas that spin off of those,” Kosslyn said. “Now we’re beyond that...
Last year, the FML phenomenon led to a fit of nationwide schadenfreude. Now, Harvard has its own spin-off, Harvardfml.com, spearheaded by the Voice...
Alex W. Palmer ’12, a member of the IOP forum committee, said he enjoyed the event despite Uribe’s somewhat evasive responses. “People like him got to where they are in the world by knowing how to spin questions to say what they want to say,” Palmer noted...