Afterward, searching online, he learned that the factory was Global-Tech in Donguan, and that Charles Kernaghan, an international labor rights activist, had exposed Bain's interest in ventures built on outsourced American jobs and exploited workers.
Entrepreneurial providers starting new higher ed ventures built on different business models, such as offering à la carte courses, often face accreditors focused on traditional input requirements like "seat time" in class and faculty PhDs, rather than outcomes like academic success or loan default rates.
They bought five acres of land as a money-making venture, built a mini-golf course and added a snack bar on the beach.
Ross never really liked Fleischmann ("The major owner of The New Yorker is a fool," he once wrote; "the venture therefore is built on quicksand"), but Fleischmann gave him the wherewithal to lure artists and writers from his accumulating circle of friends, hungry freelancers, disgruntled newspapermen, and Broadway lights.
While venture capitalism is built on risk, the current compensation structure for VCs doesn't dispose of risk; it only spreads it out over a longer period, letting it build until the results are potentially explosive.
Private high-tech accelerators, whose reputations are built on ventures graduating with large infusions of venture capital, might find women and minority entrepreneurs less attractive because they attract less capital.
Ford has been cutting back on e-commerce and technology-related ventures built up by the former chief executive, Jacques Nasser.
Those high-margin ventures typically build on the company's investment in research and development.
If this "consummate people pleaser" sometimes promised more than he could deliver, his ventures followed the boom-and-bust economy of "a country built on speculation".
