Small Business Labs

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Coworking Software Provider Essensys Goes Public

Small Business Labs

Essensys , which is based in London and describes itself as providing "The world's leading coworking software and technology to power your workspace business", went public this week on the London Stock Exchange. The company sold GBP28 million (about $35 million) worth of stock to the public and garnered a marketcap of GBP83.5

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Small Business Labs: Software "Super Vendors" and Barbell.

Small Business Labs

At the same time, many consider this the golden era of small software companies.    VC firms also continue to back software startups.  software companies raised $689 million from VCs.   VC firms also continue to back software startups.  software companies raised $689 million from VCs.

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CB Insights Creator Economy Map and the Rise of Content Monetization

Small Business Labs

Examples include video editing software Kapwing, personalized video app Cameo, and creator credit card startup Karat — companies spanning use cases like content creation, fan interaction monetization, and financing solutions."

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LinkedIn's New Freelance Marketplace

Small Business Labs

According to the article: Marketplaces, which is supposed to launch in September, will focus on white-collar jobs in fields like design, marketing, and software development. Like other online freelance talent marketplaces such as Fiverr and Upwork, Marketplaces will enable businesses to find, hire, and pay freelancers.

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Tech Jobs Moving to the Midwest

Small Business Labs

The New York Times article  Hot Spot for Tech Outsourcing: The United States looks at the outsourcing of software development tasks to lower cost U.S.   The nature of software development and product design has also changed in ways that make domestic outsourcing more attractive.  Software development is often complex.

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Freelancers and Solopreneurs are Increasingly Exporters

Small Business Labs

Collaboration software has reached the level where communicating with remote customers is easy and efficient. The increase in exports is being driven by several factors: Online marketplaces have made it much easier to find and service customers outside of the U.S. They also simplify and facilitate transactions and payments.

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More Small Businesses Plan to Increase Their Use of Nonemployee Labor than Large Businesses

Small Business Labs

.    This research study found that most executives and managers today "consider employees and other workers who create value for the enterprise — including contractors, service providers, gig workers, and even software bots — to be part of their workforce." over the next 18-24 months.