A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
In 1990, HOK's top brass began to consider how to generate enough cash to accomplish two big objectives. The company looked at options for selling stock to investors. Dr. Shoichi Kajima turned out to be a good partner, respecting HOK design creativity and taking a relaxed view of HOK internal operations; it was the result of due diligence. This chapter explains how HOK expanded and started designing energy‐efficient buildings constructed of healthier materials and became the HOK champion for what became known as sustainable design. It advises that one must plan ahead for a source of funding to buy back large quantities of stock from founders when they leave. There are three ways to do so: save cash from profits, borrow money from a bank, or get outsiders to invest in the company. Saving cash is the best, but it takes time—so start early.
In 1990, HOK's top brass began to consider how to generate enough cash to accomplish two big objectives. The company looked at options for selling stock to investors. Dr. Shoichi Kajima turned out to be a good partner, respecting HOK design creativity and taking a relaxed view of HOK internal operations; it was the result of due diligence. This chapter explains how HOK expanded and started designing energy‐efficient buildings constructed of healthier materials and became the HOK champion for what became known as sustainable design. It advises that one must plan ahead for a source of funding to buy back large quantities of stock from founders when they leave. There are three ways to do so: save cash from profits, borrow money from a bank, or get outsiders to invest in the company. Saving cash is the best, but it takes time—so start early.
Selling Stock to Investors
MacLeamy, Patrick (author)
2020-04-07
8 pages
Article/Chapter (Book)
Electronic Resource
English
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