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April 29, 2021

When I joined my family company a few years ago, fresh out of college, I was determined to work hard and prove my worth, but always had a “Don’t mess this up” post-it stuck at the back of my head.

When I joined my family company a few years ago, fresh out of college, I was determined to work hard and prove my worth, but always had a “Don’t mess this up” post-it stuck at the back of my head.

April 16, 2021

I am writing as the son of a successful father whose enormous shadow I have tried to wiggle out of for much of my professional life. I write this from a personal perspective of watching my first generation of wealth creators struggle to involve their next-gen in the family business.

I am writing as the son of a successful father whose enormous shadow I have tried to wiggle out of for much of my professional life. I write this from a personal perspective of watching my first generation of wealth creators struggle to involve their next-gen in the family business.

August 25, 2010

Facebook, the social networking site, is expected to make a host of investors billions when it goes public, which some speculate could happen within a year.

Facebook, the social networking site, is expected to make a host of investors billions when it goes public, which some speculate could happen within a year.
 
According to media reports, Facebook is worth at least $33 billion based on secondary market transactions. This would make it one of the most valuable tech companies of all time, with a market capitalisation greater than Ebay and Yahoo.

January 1, 2005

Despite the lack of independent directors on their boards and voting power for minority shareholders, family-run companies are still the better bet for all stakeholders as long as the founder of the firm is involved as chief executive officer or chairman. If the descendent of a founder runs the company, value is lost.

Reprinted with permission from Knowledge@Wharton, the business news and analysis journal of the Wharton School of the University of Pennsylvania. http://knowledge.wharton.upenn.edu

Despite the lack of independent directors on their boards and voting power for minority shareholders, family-run companies are still the better bet for all stakeholders as long as the founder of the firm is involved as chief executive officer or chairman. If the descendent of a founder runs the company, value is lost.
 

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