October 3, 2019

This past summer, the startup WeWork heavily promoted what it promised would be a historic initial public offering (IPO). Analysts seemed to agree: Goldman Sachs estimated the office space leasing company could reach a valuation of $96 billion upon its stock market debut. When WeWork submitted the first documents for its IPO, though, the company settled on a potential valuation of $47 billion as it promised to change the world as well as the office leasing industry. Co-founder and CEO Continue reading

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September 26, 2019

In the lucrative world of data analytics, few companies are more prominent than Comscore. The Virginia-based tech firm analyzes much of the country’s web traffic which then serves as a key reference for pricing online ads. Similar to the television ratings tracker Nielsen, Comscore measures how many people visit a website, the amount of time they spend on it, and other important metrics that can determine its popularity. As a result, the company’s data is vital for media companies and Continue reading

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September 24, 2019

Over the last few decades, countless movies and TV shows have portrayed cutthroat corporate characters who will stop at nothing to advance up the company ladder. According to many top managers, however, today’s firms aren’t looking to promote anyone as ruthless as this. Although obtaining executive positions at major companies remains extremely competitive, modern businesses want collaborative managers who are willing to work with everyone. That especially includes colleagues who could be seen as their competition for promotions. 

“Today, Continue reading

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March 26, 2019

On Monday, Apple CEO Tim Cook stepped onto a big stage at the company’s headquarters in Cupertino, California, to make some important announcements. Events like these are meant to remind Apple fans of the times when late founder Steve Jobs stepped on the same stage to reveal world-changing products like the iPhone and iPad. Unlike on those occasions, however, Cook didn’t unveil any new or updated gadgets at Monday’s event. Instead, celebrities like Steven Spielberg, Reese Witherspoon, and Oprah Winfrey Continue reading

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December 15, 2016

KenTeegardinIn 2010 the median salary for the 200 highest-earning executives in the U.S. topped out at nearly $10 million. Just five years later, though, that number doubled to almost $20 million. Meanwhile, researchers at the Economic Policy Institute found that CEOs in 2013 earned more than 300 times the salary of average workers. For comparison, in 1965 chief executives brought in just 20 times more pay than their average employees.

To combat this increasing inequality, last week government administrators in Continue reading

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December 1, 2016

MinisterieVanIn order to start a successful company, entrepreneurs must be willing to take charge and lead with authority. After all, founding a business requires hard work and a clear vision, and entrepreneurs need plenty of both if they want to succeed. But what happens once a startup grows into a mature company? By that stage, the founder is far from the only focal point: managers, outside investors and other stakeholders will also want to have their say about the company’s Continue reading

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July 28, 2016

For years, CEOs at large corporations have attracted the public’s anger due to the exorbitant salaries that many executives earn. Companies counter these complaints by explaining that high-level employees only make their millions if they perform well on the job. After all, the stock options and bonuses that often form the bulk of CEO pay only become available once the company clears a certain set of financial benchmarks. This supposedly gives executives more incentive to do a good job since Continue reading

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