The performance of the luxury performance car segment closely mirrored trends in the broader luxury goods sector, and both were buoyed by rising global wealth and demand for high-end products in the first quarter of the twenty-first century. During the global recession of 2008-2009, however, demand ...
Active Surfaces, an MIT start-up that developed low-cost, ultra-lightweight, flexible solar panels designed to be applied to practically any surface, serves as the setting for a simple bookkeeping exercise that has students utilize the balance sheet equation to record a series of business transactio...
In early 2024, privately owned Checkr, a background check tech startup, was a leading voice in the fair chance hiring movement. Fair chance hiring, also known as second chance hiring, referred to the practice of offering fair and equal job opportunities to individuals with criminal records. In addit...
This case examines how Marsha Jackson, the Head of Internal Audit at RiseEngineer, deals with a whistleblower allegation of bribery in the company’s foreign subsidiary. Marsha’s compliance team conducts an investigation focused on the subsidiary’s bid on a major construction project. Students are as...
Throughout 2017 and into 2018, Tesla was burning through cash as the company sought to ramp up production of its Model 3 all-electric vehicle (EV). Investors were questioning whether Tesla would need to raise additional capital. While the company had been successful in the past at issuing both equit...
In a span of 11 months, FTX. a crypto exchange co-founded by Sam Bankman-Fried (SBF), went from being valued at $32 billion in January 2022 to filing for bankruptcy, wiping out billions in investor money by November. Those called in to clean up the mess soon discovered that up to $9 billion in custo...
In the early 2010s, ESPN was at the height of its powers. As the crown jewel of the then unassailable cable television bundle, ESPN was receiving upwards of $7 every month from more than 100 million subscribers whether they watched ESPN or not. This was in addition to the multitude of ESPN offspring...
On October 7, 2019, businessmen Jonathan Soros and Jon Patricof pitched a concept for a new professional sports startup to four professional softball players who had traveled to Soros’s office in New York City. During the meeting, the two men laid out their vision for an innovative professional soft...
The 2007-09 Great Recession took a huge bite out of the U.S. restaurant industry as consumers ate out less often. Even during the subsequent economic recovery, ongoing financial concerns continued to depress the appetite for eating out. The casual dining sector, situated in the middle ground between...
In July of 2020, the National Hockey League (NHL) and the NHL Players’ Association (NHLPA) were negotiating an agreement on a return-to-play plan for the 2019-20 season interrupted by the COVID-19 pandemic. At the same time, the two parties were negotiating an agreement to extend the league’s collec...
