Sat.Jun 23, 2012 - Fri.Jun 29, 2012

Small Business Labs

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Is Going Public Obsolete?

Small Business Labs

An interesting academic paper (yes, that's possible) - Where Have All the IPOs Gone -  suggests that the main reason for the decline in initial public offerings (IPOs) is small, high growth companies are finding it harder to compete with big firms.   This is cutting their profitability, reducing their ability to go public.   As the graph below shows, the number of U.S. public companies has steadily decreased over the last decade.       The reason for

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Why are There More Non-Employer Small Businesses?

Small Business Labs

Scott Shane's post Should We Count Non-Employer Businesses? raises a number of interesting questions related to the fact that a growing share of U.S. small businesses don't have employees.   He wonders whether or not these businesses should count as small businesses. He also closes his article by saying: Patterns like these suggest that we need to understand why fewer and fewer American entrepreneurs are starting businesses with employees.

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The Rise of Artisan Distillers

Small Business Labs

The broader food movement, and in particular the local food movement (referred to as the locavore movement), has led to celebrity chefs, a rapid increase in farmers markets , the rise of urban farming and the growth of craft brewers. So it comes as no surprise that artisan distillers (craft makers of spirits) are becoming more numerous.  I attended a Commonwealth Club meeting tonight that focused on Bay Area craft distillers.  The description of the event was: Bay Area craft distille

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Political Scientists Versus Dart Throwing Chimps

Small Business Labs

The New York Times has a good article on political scientists being bad forecasters.  Key quote: It’s an open secret in my discipline: in terms of accurate political predictions (the field’s benchmark for what counts as science), my colleagues have failed spectacularly and wasted colossal amounts of time and money. The article points out that dart throwing chimps have a better record of forecasting than political experts.  Alert readers will remember our article Dart Throwing Chimps

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