Search Results

Case: Professor Benjamin C. Esty and Research Associate Greg Saldutte prepared this case. This case was developed from published sources. Funding for the development of this case was provided by Harvard Business School and not by the company. HBS cases are developed solely as the basis for class dis... More

Approximately 80% of the wineries in the US breakeven or lose money. An even greater percentage lose money on an economic basis (i.e., after a charge for the cost of equity). Tegan Passalacqua is a successful, young, Californian winemaker who specializes in making "old vine" wine (i.e., wine from vi... More

"On March 2, 2017, Snap Inc., the disappearing message app, went public at $17.00 per share on the New York Stock Exchange (NYSE). According to The Wall Street Journal, “investors clamored for a piece of the fast-growing social network,” causing the price to surge and eventually close at $24.48, up ... More

"Elizabeth Kemp decided to sell half of her Snap shares on Tuesday, March 28 following the expiration of the quiet period and the 5% price increase on Monday, March 27. She held the remaining 250,000 shares for several months as Snap’s stock price fell from $22.00 to $17.00 (see Exhibit 1). Much of ... More

Snap, the disappearing message app, went public at $17 per share on March 2, 2017, making its two 20-something founders the youngest self-made billionaires in the country. Over the next three weeks, 14 analysts make investment recommendations on Snap: two with buy recommendations, six with holds, an... More