Mary Meeker’s Internet Trends 2011 - Always a must study.
This fact-packed presentation compiled by KPCB partner Mary Meeker explores and examines the significant trends shaping the Internet today. Backed by hard data and decades of technology analysis, Mary posits that the mobile revolution is still in its infancy and poised for tremendous growth. Her presentation also zeroes in on the newest breakout trends driving e-commerce, including the rejuvenating effects of local commerce, the global race to adopt mobile devices and apps, and the latest innovations in online payments. The evolving social space comes under Mary’s scrutiny as well. She observes that social networking is proving to be not just a powerful engagement model, but also a pervasive new wave of opportunity that spans the online experience. View the full presentation for a look at the digital trends that surround us in today’s increasingly mobile, social world.
Source: kpcb.com
![Ben & Jerry’s 1983 Public Stock Offering to the residents of Vermont raised the company $750K for 17.5% of the company for a manufacturing plant, allowing them to skip venture capital and stick to their social mission. 1 in every 100 Vermont family owns some stock in Ben & Jerry’s. What a brilliant piece of business history :)!
Ultimately, Cohen and Greenfield did decide to keep the company, but they vowed not to allow the growth of their enterprise to overwhelm their ideas of how a business could be a force for positive change in a community. ‘We decided to adapt [the company] so we could feel proud to say we were the businessmen of Ben & Jerry’s,’ Cohen concluded. Among the stipulations they made to ensure that their company would be different from other parts of corporate America was a salary cap, limiting the best-paid people in the company to wages just five times higher than those of the lowest-paid employees. As Ben & Jerry’s grew, this unusual limitation would complicate the company’s high-level staffing.
To finance further growth, Greenfield and Cohen decided to raise capital to expand by selling stock to the public. However, in an effort to maintain a sense of local accountability in the company, they limited the stock offering to residents of Vermont, utilizing a little-known clause of the state law governing stocks and brokering. With the proceeds from this sale of stock, the company began construction of a new plant and corporate headquarters in Waterbury, Vermont, about half an hour away from Burlington.
Watch the documentary Biography: Ben & Jerry.](http://25.media.tumblr.com/tumblr_lqbbigQYlJ1qzqy0go1_1280.png)
Ben & Jerry’s 1983 Public Stock Offering to the residents of Vermont raised the company $750K for 17.5% of the company for a manufacturing plant, allowing them to skip venture capital and stick to their social mission. 1 in every 100 Vermont family owns some stock in Ben & Jerry’s. What a brilliant piece of business history :)!
Ultimately, Cohen and Greenfield did decide to keep the company, but they vowed not to allow the growth of their enterprise to overwhelm their ideas of how a business could be a force for positive change in a community. ‘We decided to adapt [the company] so we could feel proud to say we were the businessmen of Ben & Jerry’s,’ Cohen concluded. Among the stipulations they made to ensure that their company would be different from other parts of corporate America was a salary cap, limiting the best-paid people in the company to wages just five times higher than those of the lowest-paid employees. As Ben & Jerry’s grew, this unusual limitation would complicate the company’s high-level staffing.
To finance further growth, Greenfield and Cohen decided to raise capital to expand by selling stock to the public. However, in an effort to maintain a sense of local accountability in the company, they limited the stock offering to residents of Vermont, utilizing a little-known clause of the state law governing stocks and brokering. With the proceeds from this sale of stock, the company began construction of a new plant and corporate headquarters in Waterbury, Vermont, about half an hour away from Burlington.
Watch the documentary Biography: Ben & Jerry.
Always something to learn listening to Marc Andreesen. YCombinator on Steroids :-)
Source: kara.allthingsd.com
