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As an affiliate dean of academic providers, Catherine Bolton spends a variety of time finding out, lamenting and worrying about cheating in universities. ROYCE YUDKOFF: And we’ve many college students who’ve done it in Latin America, we’ve got many college students who’ve completed it in Western Europe, we’ve got some college students unemployed professors in Southeast Asia. Because the phenomenon is universal- founders create these companies, they build them over 20 or 30 years and, inevitably, they method retirement. And for many of those individuals, they don’t have a daughter or son who needs to take over the business and they need to sell the enterprise. As a result of the business not solely needs to offer them the capital they need to retire, but it additionally needs to have a successor CEO.

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