Experience Stern | News & Events

Excerpt from Quartz -- "'If any action is taken it would be a major blow to TikTok’s growth because of the 188 million new users that it gained last quarter, the largest growth came from India, which had 88.6 million new users,' said Anindya Ghose, the Heinz Riehl professor of business at New York University’s Stern School."

Excerpt from Bloomberg -- "'The idea is to make sponsors/underwriters more conservative in promoting IPOs that seem hot, with "skin in the game,"'" he said by email. 'Chinese sponsors may be willing to take on this risk for various local reasons. Foreign banks, maybe not.'"

Excerpt from The New York Times -- "The Century Plaza Hotel in Los Angeles, the Resorts World Las Vegas and the Wharf in Washington are among the many projects that have raked in hundreds of millions in cash-for-visas financing. ... According to New York University’s Stern Center for Real Estate Finance Research, no proposal for a fix in Congress has reached a vote in committee."

Excerpt from Bloomberg -- "The Writers Guild has a simple point of view, and the Writers Guild says that there's one legitimate way for a writer to be paid—for an agent to be paid—and that would be [that] he'd be paid by the client. They think that there's something unethical and perhaps illegal about being paid—about the agent being paid—from the production activity. So that's where it really begins."

Excerpt from Knowledge@Wharton -- "I've got to say that I have not been bullish on most of the companies that are going with their direct to consumer plays in the last few years, but I think that if there's one company that can pull it off it's Disney. And I think that that really boils down to one word and that word is content... There's no other company with that breadth and depth of assets."

Excerpt from Le Monde -- (translated from French using Google Translate) "The French economist explains, in a book to be published in September in the United States, The Great Reversal, 'how America abandoned the free markets' and cartelized its economy."

Excerpt from CNBC -- "'The market is a pricing game and not a value game,' Damodaran told CNBC in a phone interview. 'When you have young companies like these it’s all mood and momentum driving prices.'"

Excerpt from CNBC -- "'I believe Amazon has made the connection between likability and immunity from regulation,' said NYU business professor Scott Galloway, author of 'The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google.'"

Excerpt from Financial Times -- "'Facebook has taken so much oxygen that everyone else is having trouble breathing,' says Aswath Damodaran, finance professor at New York University. 'Snapchat is still attuned to a certain young demographic — it was the first video social media company. But it now needs to . . . find its niche and survive.'"

Excerpt from Stamford Advocate-- "'What we’re seeing in Connecticut is the continued process of UBS pulling back on its ambitions of having a large footprint in the United States,' said Lawrence J. White, a professor of economics at New York University. 'I think they’re going to continue to want to have a presence in the U.S.; for a large international bank, they can’t not be in the United States.'"

Excerpt from CGTN -- "I think the partnership is significant more from the point of view of investment, and especially for Greece it's especially important from the point of view of investment. Because of the economic crisis, Greece needs, relatively quickly, within the next year, another $100 billion or Euros of investment. So, to the extent that China can offer that, Greece would be very grateful."

Excerpt from The Economist -- "Differences in cultural, political and economic institutions between countries can create impediments to or encourage globalisation, explains Robert Salomon, professor of management and organisations at NYU’s Stern School of Business and author of 'Global Vision: How Companies Can Overcome the Pitfalls of Globalization.'"

Excerpt from Die Presse -- (translated from German using Google Translate) "'When you do a poll, the majority will always estimate the interconnectedness of the world more than it really is. Whether it's international investment or trade, people have an exaggerated notion of globalization.' Ghemawat is co-author of the 'DHL Global Connectedness Index', which is published every two years."

Excerpt from The Wrap -- "'The power of Netflix is there are few places you can go to say, "I want my film or documentary or show to be global immediately,"' Hardart said. 'Beyoncé can say, "I want my new documentary to reach the world," and 140 million people will see it this week, boom.'"

Excerpt from Financial Times -- "This week’s proposals could have an impact on attitudes far beyond Britain’s shores, warns Michael Posner, professor of ethics and finance at NYU’s Stern School of Business and a former Obama administration official. 'I think it will lead to each government deciding what is illegitimate or not,' he says. 'And you end up with what Iranians have called the ‘halal internet’ — where [each country] decides what is kosher or not.'"

Excerpt from Mansion Global -- "A really savvy homebuyer with cash on hand—and energy to spare on some serious strategizing—might take advantage of the current rates and embark on what’s known in the finance industry as 'leveraging,' or a way of using borrowed money to build potential returns from an investment over time, said Harry Chernoff, a clinical professor at New York University’s Stern School of Business and a long-time real estate developer."

Excerpt from CityLab -- "'The use of EB-5 capital to fund mega-projects like [Hudson Yards] absorbs a significant portion of the limited annual quota of EB-5 visas,' Friedland says."

Excerpt from Marketplace -- “That’s simply the wrong way to be thinking about capital… They [the banks] had way too little skin in the game and that is what really brought us to the brink of disaster."

Excerpt from Arab News -- "'I do not see another global financial crisis in the next year or so, but eventually there will be a global recession. If and when that occurs is a very open question, but it’s not over the near horizon,' he said."

Excerpt from HubSpot blog -- "Chugh told me, 'We paint ourselves into a tight corner when we view being a good person as either/or. It makes it hard for us to see the times in which we might be contributing to a dynamic that discourages people of color from staying at the firm, or women from applying.'"

Excerpt from CNBC -- "'Happiness is best described as coming from between — that is if you get the right kind of relationship between yourself and other people, yourself and your work, and yourself and something larger than yourself... if you get those three relationships right ... it will draw you out into the world, it will engage your passions, it will give you the kind of support that you need and want and it’ll give you a sense of meaning and purpose in life,' he says."

Excerpt from Milwaukee Independent -- "'The southern governments that issued the bonds were unlikely to want to payback the bonds that were held outside their country, like in Wisconsin,' added Sylla. 'So you walked into a bar in Milwaukee, and you try to buy your beer and the bartender would say, "The banker told us not to accept your money." So if you got paid in that money a few days before, you might have been quite angry.'"

Excerpt from BBC News -- "It's a generational change and companies know that if they don't give their employees a way to fully express their ideas also they will leave very quickly because developing a new venture or startup today is much cheaper and much faster than it used to be."

Excerpt from the Harvard Business Review -- "The book Irresistible by Stern School of Business associate professor Adam Alter will quickly raise your awareness of the addictive designs going into smartphones. They’re like pocket slot machines. So how do you resist the urge to reach for it? Make it less appealing."

Excerpt from Fortune -- "'I think democracy is at stake—I’m not joking,' Webb says. 'I think our way of living is at stake and the future of how we do business globally is at stake.'"