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Foster in the Media

The faculty, students, alumni and staff of the University of Washington Michael G. Foster School of Business are in the news on a regular basis. From feature stories to faculty quotes, find a taste of recent media coverage below.

GeekWire | May 27, 2022
Fishery monitoring software wins $25K at Univ. of Washington student startup competition | GeekWire

A student team from Simon Fraser University developing a way to use artificial intelligence to monitor fisheries took home the $25,000 top prize at the 2022 Dempsey Startup Competition hosted by the UW Foster School Buerk Center for Entrepreneurship.

KING 5 | May 27, 2022
Inflation 101: Why is everything so expensive? | KING 5

Inflation has hit a 40-year high in the U.S. and it’s making life more costly. Thomas Gilbert, associate professor of finance at the UW, is quoted.

The Washington Post | May 24, 2022
Opinion: An unintended consequence of mindfulness | The Washington Post

“Mindful meditation reduces anxiety, depression and stress; more pragmatically, it can also improve sleep, decision-making, focus and self-control. This helps to explain why so many companies have jumped on the mindfulness bandwagon … But what if, in the course of your stressful day, you acted like a jerk toward a colleague at a meeting? Could all of that inward focus cause you to downplay the harm you caused that person, letting it float away like a leaf on a stream?” writes Andrew Hafenbrack, assistant professor of management and organization at the UW.

Fortune | May 19, 2022
Want to work at Amazon or Microsoft? This MBA program is an unsuspecting feeder school for Seattle tech giants | Fortune

For decades, prestigious business schools like Harvard Business School, Wharton School of Business and Stanford Graduate School of Business have had the upper hand in paving the way for students to land top-paying jobs at some top U.S. companies. But a recent report reveals that a program at a public university, the UW Foster School of Business, has established itself among the upper echelon of business schools, beating out its competitors, in the number of graduates employed at Big Tech firms. Naomi Sanchez, assistant dean of MBA career management at the UW Foster School of Business, is quoted.

Bloomberg | May 16, 2022
Why SPACs are no longer attractive for Goldman Sachs and Bank of America | Bloomberg

As an army of blank-check companies gathered $250 billion on their march to public stock markets over the past two years, banks handling the fundraisings earned windfalls and lavished star dealmakers with some of their firm’s largest bonuses. Elizabeth Blankespoor, associate professor of accounting at the UW, is quoted.

E&E News | May 11, 2022
Cash gushes for Big Oil — but climate investments plateau | E&E News

The oil giants are practically printing money. With crude prices soaring, companies reported earning dizzying profits during the first three months of the year. Not even costly write-downs for those with business ventures in Russia were enough to dent their balance sheets. Charlie Donovan, professor of sustainable finance at the UW, is quoted.

Bloomberg | May 5, 2022
Many VC firms ban side investing — Yuri Milner’s DST encourages it | Bloomberg

Many venture capital firms frown upon or even bar their partners from using their own money to make side investments in startups. At DST Global, the investment group run by the Russian-Israeli billionaire Yuri Milner, personal investing is institutionalized. Emily Cox Pahnke, associate professor of management and organization at the UW, is quoted.

FOX 13 | April 26, 2022
Four-day work week could help increase productivity | FOX 13

Andrew Hafenbrack, assistant professor of management and organization at the UW, says that people are burnt out. If they had the ability to decide more when they work, they may be less likely to quit their jobs.

Los Angeles Times | April 26, 2022
Elon Musk’s strategy for winning Twitter: ‘Ready, fire, aim’ | Los Angeles Times

Elon Musk has a long history of making showy product announcements that are light on details — a humanoid robot, a brain-computer interface, a supersonic transportation system — years before the innovations he’s touting are ready for market, if they ever materialize at all. That was the approach he brought to his campaign to buy Twitter, initially publicizing his $44-billion bid with no financing or plan for operating the San Francisco company. Elizabeth Umphress, professor of management at the UW, is quoted. [This story appeared in multiple outlets]

AFP | April 22, 2022
Will Twitter’s ‘poison pill’ be too tough for Elon Musk to swallow? | AFP

The so-called “poison pill” Twitter has proposed to use against Elon Musk’s potential hostile takeover is a mechanism with a proven track record that could force the outspoken entrepreneur into negotiations. Jonathan Karpoff, professor of finance and business economics at the UW, is quoted. [This is an AFP story on Yahoo! News]

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