Markets
4 stories filed under Markets.
Markets
The exit that didn’t come
The IPO window cracked open in 2025 — but only for a certain kind of company, and behind it sits a backlog of more than 1,500 unicorns worth $6 trillion that no exit market has cleared. What a founder building now should actually expect about ever getting out.
Markets
Micro-factory permits up 40% across mid-size US cities
The Sherwood Index counted 40% more small-scale manufacturing permits in converted retail space last year — and found the buildings cheap for a reason.
Markets
Why micro-factories are coming back to Main Street
Permits for small-scale manufacturing in converted retail space rose 40% year over year, according to the Sherwood Index. The reasons are unromantic: rent, freight and the person who lives four streets away.
Markets
Short chains: the quiet retreat from four continents
Small manufacturers are pulling their supply chains in on purpose, paying more per unit and getting something back that doesn’t appear on the invoice.