Experience Stern | News & Events

Excerpt from The New York Times -- “For too long, Facebook and other social media companies have claimed not to be ‘arbiters of the truth’ that appears on their platforms,” he said. “Facebook’s newest move to remove extremists like Alex Jones and Milo Yiannopoulos from the platform is just the latest piece of evidence that this is not the case. The social media companies not only have the right, but an ethical responsibility to remove disinformation and hate speech and those who spread it from their platforms.”

On Thursday May 2, NYU Stern’s Business and Society Program will host a conversation looking at the role businesses can play in addressing environmental threats, economic inequality and rising polarization and distrust.

Excerpt from Forbes -- "The two friends shared their experiences with one another and decided to create a better, more natural solution for women. Martin, who was completing her Masters at NYU at the time, enrolled them in Stern’s 300K Entrepreneurs Challenge. They won and cashed in $75,000 in grant money. To date, the startup has raised a total of $110,000 in non-dilutive seed money."

Excerpt from O Magazine -- "The Algebra of Happiness: Notes on the Pursuit of Success, Love, and Meaning by Scott Galloway"

Excerpt from ABC News Australia -- "Professor Alter also warned Instagram users only ever presented 'the best versions of their lives' online, which could lead to feelings of deprivation among those viewing their posts."

Excerpt from CNBC -- "NYU Stern professor Aswath Damodaran, known as 'Wall Street’s Dean of Valuation,' valued Uber at only $60 billion, saying the company is 'struggling with a way to convert revenue growth into profits.'"

Excerpt from Bisnow Boston -- "'[Competition from Marriott] is a significant challenge for a player like Airbnb,' New York University Stern School of Business professor Allen Adamson said. 'Being first matters, but being the best wins the day.'"

Excerpt from Traders Magazine -- "In 'How Do Insiders Trade?' by Patrick Augustin (McGill University, Desautels Faculty of Management), Menachem Brenner and Marti G. Subrahmanyam (New York University), and Gunnar Grass (HEC Montréal), the researchers suggest a framework for how investors might best leverage their private information in the options market."

Excerpt from The New York Times -- "I asked Gustavo Schwed, a professor of private equity at New York University who spent 24 years in the industry, to help me review the documents. Schwed pored over the many years of financial data and located two separate debt transactions, one of which was so esoteric I would never even have known to look for it. Together, these transactions explained not just the mysterious 2012 loan but, indirectly, the way the deal finally unraveled."

Excerpt from Yahoo Finance --"Maybe [the Fed is] going away from a more traditional model in which they looked at growth and inflation as the key variables to watch...They need to explain to us what kind of model they have."

Excerpt from The Washington Post -- "'This may be good for Facebook’s business, but I’m not sure it’s good for society at large,' said Paul Barrett, deputy director of New York University’s Stern Center for Business and Human Rights."

Excerpt from City Journal -- "Bertaud’s book Order without Design: How Markets Shape Cities argues that markets provide the indispensable mechanism for cities’ growth. The book is a summation of what Bertaud has learned in a lifetime spent as an urban planner, including a stint at the World Bank, where he advised local and national governments on urban-development policies."

Today, the NYU Stern Center for Sustainable Business launched a new initiative titled, “Invest NYC SDG,” to accelerate New York City’s efforts to build a future economy that is resilient, sustainable and inclusive with $350,000 in support from the Goldman Sachs Center for Environmental Markets and PepsiCo.

Excerpt from Foreign Affairs -- "Michael Posner, director of the Center for Business and Human Rights at the NYU Stern School of Business, recommends that consultants establish clear guidelines for when to decline to work with a government, how to react when a government client asks for help on a matter that violates fundamental rights, and when to disengage from existing but inappropriate government contracts."

Excerpt from the Harvard Business Review -- "In a 2017 study, Xavier Giroud (of MIT’s Sloan School of Management) and Holger Mueller (of NYU’s Stern School of Business) looked at the relationship between business closures and associated unemployment and falling housing prices in various U.S. counties. Overall, the more housing prices declined, the more consumer demand fell, driving increased business closures and higher unemployment."

Excerpt from the The Nation -- "Under this arrangement, what’s good for the company and the government might not be good for consumers. These misaligned incentives played a role in distorting the for-profit education market. 'If anything,' she said, 'in prisons the potential for misaligned incentives is much more extreme.'"

Excerpt from Inc. -- "Why are companies with single founders more likely to survive? The results suggest one explanation. Revenues at companies with multiple founders are lower than those at companies with a single founder."

Excerpt from Fox Nation -- "I think what [employers] will try and do is change the nature of what people do -- to have them add value in some other way. ... I think stirring a little bit of love in the food is OK sometimes, but other times, it's all right to get it without that human touch."

On April 30, the NYU Stern Center for Real Estate Finance Research will host its 8th Annual Spring Symposium, entitled "Impact Investing in Opportunity Zones: Real Estate and Beyond."

Excerpt from Curbed -- "'WeWork has created the physical-world equivalent of a digital platform, generating value by imprinting design onto physical space, which leads to network effects at both the individual and institutional levels,' according to Dr. Arun Sundararajan, professor of business at NYU and author of The Sharing Economy, who is quoted in the report."

Excerpt from Ad Age India -- "For brands that are still not sure, here’s what you are missing out on: close to 60% of millennials are discovering products on Pinterest on a regular basis. Pinteresters are people with a mission, with 90% of weekly uses looking at the channel to help them make purchase decisions. These are not just ‘life moment’ shoppers, but ‘everyday’ shoppers. Which means that if your brand is not in the mix, you will soon be booted out of the weekly grocery list!"

Excerpt from WalletHub -- "I dont believe there is very much. But, for me, personally, I much prefer Visa cards. The Mastercards that I have are through Citibank, and I am unsure whether it is something to do with Mastercard, or something to do with the Citibank tie-up, but they are a lot more inconvenient to use, than, for example, the Visa card I have through Capital One. There does not seem to be a system for an automatic cash-back, for one, and, for the other, there seem to be maximums on the amount of cash-back you get per year. They also charge foreign transaction fees that my Capital One Visa does not."

Excerpt from Forbes -- "'I believe that most of the best entrepreneurs out there have to be immigrants like my grandfather,' Winograd explains. 'When you have nothing and you step into a new country, your instinct for survival forces you to be creative and identify market gaps to find a place for yourself.'"

Excerpt from Financial Times -- "Some current and former HBO executives described a 'country club' culture at the network. 'You had lifers who didn’t have any incentive to rock the boat. HBO was a high-margin cash cow business for Time Warner,' says Mr Edis, who is now a professor of new media at NYU’s school of business."

Excerpt from The Wall Street Journal -- "'The more cooks you put into the kitchen, the more likely there is to be disagreement about what ingredients you should use and so forth,' Dr. Greenberg says."