Net worth has tripled since 2000, but the increase mainly reflects valuation gains in real assets, especially real estate, rather than investment in productive assets that drive our economies.
The cubicle farm has to go. Offices must be places of magic.
Not many companies are bold enough to enter the challenging Chinese market without a local partner. But a desire to retain full control, and the belief that relying on local partners may hinder its ability to learn and scale, eventually paid off, according to the[…]