Small Business Labs

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The Rise of Small "Speed Factories"

Small Business Labs

According to the Kellogg Insights article  How “Speed Factories” Help Companies Adapt to Capricious Consumers , speed factories are: a local-market facility designed to quickly pump out products with shorter life cycles and less predictable demand, like apparel sported by Kendall Jenner or LeBron James that suddenly becomes a must-have item.

2007 145
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Coworking is Disruptive Innovation

Small Business Labs

  But as Christensen points out in his 2015 HBR article What is Disruptive Innovation : as incumbents focus on improving their products and services for their most demanding (and usually most profitable) customers, they exceed the needs of some segments and ignore the needs of others. It's now clear it's doing so.

2015 231
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Dog Walking Company Wag Raises $300 Million

Small Business Labs

  According to a New York Times article on the funding round , a key reason Wag can raise this much money is the value of their data. Key quote from the article: "Data on the real-world comings and goings of internet users — and, evidently, their dogs — is a highly sought-after commodity among technology companies."

2017 155
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The Post Millennial Generation

Small Business Labs

  But as Pew points out in their article  Defining generations: Where Millennials end and post-Millennials begin : " we believe 1996 is a meaningful cutoff between Millennials and post-Millennials for a number of reasons, including key political, economic and social factors that define the Millennial generation’s formative years."

2007 174
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Kauffman Foundation Indicators Show U.S. Entrepreneurship Near 20 Year High

Small Business Labs

We first reported on the old Kauffman Index back in 2007 and have followed it every since. We'll explain why in a future article.  The indicators cover the time frame from 1996 to 2017 and will be updated annually. They replace the Kauffman Index, which was also on entrepreneurial activity but not as data intense.

2017 170
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Startup Raises $20 Million to Build an Electronics Manufacturing Plant in San Francisco

Small Business Labs

  We first noticed this trend in 2007. Key quote from our article back then on this topic : Related to this, I've been in several corporate meetings lately where the topic was discussing moving offshore manufacturing back to the US.  This is especially true for Bay Area firms. 

2007 172
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Facebook Releases Marketplace to Compete with Craigslist

Small Business Labs

  As we pointed out in our article on OfferUp, Craigslist hasn't changed much in the past decade. Facebook first launched a Marketplace type product in 2007, but it wasn't successful. Like Craigslist, Facebook does not facilitate the payment or delivery of items listed or sold in Marketplace. Facebook has about 1.7

Facebook 209