Up and Running

AUGUST 6, 2014

They also note that after the 2007 recession—when things looked grim for the U.S. According to the Harvard Business Review, in most U.S. states for-profit companies can accept donations and nonprofit companies earn revenue, which dispels the myths that a nonprofit can’t make money, or a for-profit venture would miss out on donations.

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Up and Running

MAY 10, 2017

But when I was working as a reporter in 2007, I covered the purchase of a local ski resort in Montana by business mogul Bill Foley. On his first day visiting the mountain after the purchase, he scanned lift tickets.

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VC Adventure

SEPTEMBER 17, 2020

Now, with his wife, Claire, he owns a guide company in the Bob Marshall Wilderness of Montana. The result was 117,000 fewer companies in 2014 than there were in 2007. Claire Cheff calls their guide business a calling; it was founded almost 100 years ago by Mark Cheff’s grandparents, a Montana cowboy and a Salish outdoorswoman.

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Reid Hoffman

FEBRUARY 28, 2019

The fund generated $17 billion in returns in 2007. This tends to happen more in the world of finance — think of the farsighted investors from “The Big Short” who bet against the subprime mortgage market. In 2006, John Paulson raised a $147 million fund to bet against subprime mortgages.

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