They do so because they push good management across multiple businesses and profit from their economy of scale.
What keeps the household from starting multiple businesses if the marginal product of labor in one is below market?
Today's round comes from an undisclosed VC firm and multiple business angels.
They burned through multiple business plans.
The emerging multidimensional structure and multiple business cultures dissolve the need for subordination or suboptimization around any one business dimension, eliminate periodic restructuring, and shift from one dimension to another in the search of an effective competitive base.
Mr. Hesse and the others realized that if multiple food businesses were financed from a shared pool of money, investors could use their edible credits — he calls them "Credibles" — for a wide assortment of products.
Jack Ma has built Alibaba into a sprawling internet business through "multiple jumping" from one business area to another, while building its capabilities along the way through a combination of self-built and collaborative partnerships.
This year, officials warned, multiple petitions by the same company for one candidate will be disqualified, to prevent businesses from trying to game the system.
Chat app platforms relieve businesses from having to build, popularize, and maintain whole mobile apps for multiple phone operating systems.
It offers course across multiple categories — from business to design to health & beauty to art — but content is currently heavily skewed towards the business learning space.
