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" ... But there was a more sobering, yet valuable, finding: The model rejected our two worst performing acquisitions, which we would never have pursued had we seen them with the algorithm’s clarity, and predicted our best performing deals, as the underwritten unlevered return greatly exceeded the discount rate (risk rate) of the model. ... "
" ... By mid-2015, the number of Californians getting voice, text and data service underwritten by their neighbors doubled to 2.2 million, meaning that about 27 million adult Californians are paying for the cell phone plans of about 2.2 million people with a 7.894% surcharge tucked away on their money online statements—if they bother to look at them. ... "
" ... Eleven banks, led by Goldman Sachs and Credit Suisse, have underwritten the filing, and the company has applied for the New York Stock Exchange under the trading symbol "U." ... "
" ... When I joined MongoDB in 2014, the company did have some problems, and as a change agent, when you come in, you can't just fix every problem right away. So I started with fixing sales because MongoDB wasn’t collecting and analyzing good feedback from its sales organization about what customers liked and didn’t like. And then I brought in a new CMO and a new CFO and I completely reset the plan with the board. The original plan was underwritten by this huge round the company had done. The company was technically a unicorn, but it didn't feel like one. And I just said, hey, I know that was a plan that was underwritten, but we've got to be realistic about where we are. The founders were very supportive. Having a new plan allows you to feel like you're winning again, because whenever you aren’t meeting a plan, you feel like you're failing. And when we started beating our new plan, all of a sudden people had a spring in their step. And for the company, we started building credibility. And so by changing course, we ultimately built MongoDB into the company it is today. I obviously can't take all the credit, I had a great team, and I'm really proud of how far we've come since those days in 2014. ... "
" ... “Sony Music Group is honored to partner with the National Museum of African American Music to introduce the new Sony Music Scholars Black Music Certification Program and Scholarship,” said Towalame Austin, executive vice president of philanthropy and social impact at Sony Music Group. “The education program is underwritten by our Global Social Justice Fund and will focus on the history of Black music and business, and bring a new generation of creators and change agents into the industry.” ... "