A board and governance level issue that doesn’t get nearly enough attention is whether firms are being run as value creators or value extractors. As economist William Lazonick points out, absent real pushback, it is… Read more »
Casper
The Rise, and Fall, of the Direct-to-Consumer Model
There was a brief period in the early 2010’s when a new business model – dubbed “direct to consumer” emerged and threatened to upend established incumbents. A decade or so in, the assumptions underlying the… Read more »