Tag: business brokerages

The principal value of a business broker is to act as a buffer between the buyer and the seller

Chrome OS did lots of growing up in its first decade—and there’s more to come

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It’s downright astounding how much difference a decade can make. In May 2011, Google’s defiantly minimalist new computing platform—a little something the company called Chrome OS—shipped to consumers for the first time, on laptops from Samsung and Acer. That was the culmination of a journey that began when Google unveiled Chrome OS in the summer of 2009 and continued with an experimental prototype called the Cr-48 in December 2010. It’s easy to forget now, but Chrome OS got its name because at the beginning, it was quite literally the Chrome operating system . The earliest versions of Chrome OS revolved entirely around the browser, with a deliberate omission of any traditional operating system elements. And boy, were those early versions jarring to use. When you signed into the original Chrome OS system on the decidedly understated CR-48 laptop, which was provided to a small pool of journalists and testers, all you were greeted with was a full-screen Chrome browser window. There was no desktop, no taskbar, and not much of anything else in sight. Heck, you couldn’t even close the browser window, as there was nothing beneath it. It was “quite a different type of computing environment,” as I put it in my own first impressions , and it felt “very foreign” to use. In 2010, Google’s experimental CR-48 was the first Chromebook—but you couldn’t buy it. [Photo: courtesy of Google] Unusual as the arrangement may have seemed, you’d better believe it was that way by design. In its initial introduction of Chrome OS, Google described the software as “a natural extension of Google Chrome”—with an interface that was “minimal to stay out of your way.” The Chromebook was meant to be a pure, unadulterated window to the web—no apps, no distractions, and no typical computing hassles to slow your tab-based wandering down. Power up a Chromebook today, and you’d hardly even know it’s an evolution of the same platform Read More …

How Biden is using internal government startups to lure tech talent to D.C.

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As the Biden years begin, there are hopeful signs that the new administration is serious about using technology to streamline the work of the government. The U.S. Digital Service and 18F —tech-forward “startups” that formed within the government during the Obama years—may get renewed attention and funding. While those groups were successful within government agencies, much work needs to be done to better coordinate federal programs with states and counties, work that was largely ignored during the Trump years. Read More …

The startup that saved the restaurant industry in the nick of time

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Nick Kokonas, CEO of the restaurant reservations platform Tock, is meeting a handful of new employees over Zoom for the first time. The latest hires of his rapidly growing Chicago-based company are tuning in from their apartments. He’s logging in from a house in Lake Tahoe that he’s rented for a few weeks in January in an attempt to take a vacation after an extraordinarily busy year.  The plan is to welcome his employees to the company with an introductory pep talk. He’ll explain how his 6-year-old reservation system is designed to help chefs manage both their dining rooms and kitchens more efficiently. He’ll go on to tell them about the way it threw a lifeline to independent restaurants during the pandemic by allowing their kitchens to offer take out and delivery service on better terms than other platforms. And then he’ll explain how the 140-person company is now taking on some of the biggest industry players with a tech platform that gives more control to chefs and restaurateurs. He is, after all, co-owner of Chicago’s renowned Alinea restaurant, along with several other eateries in the city, and has spent the past decade and a half thinking about what a restaurant needs to survive and even thrive.  But before he begins, Kokonas wants to set one thing straight: He did not purchase the large wooden yin-yang that hangs above his head. “This is not my house. This is not my yin-yang,” he tells his new hires. “This is T. Read More …

The 10 most innovative companies in media

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As the media industry was rocked by the pandemic in 2020, companies were forced to quickly come up with creative ways to make and distribute content, as well as keep audiences united during a socially divisive time. These companies led the way on those fronts and more. 1. SpringHill Company For marrying entertainment with social justice through Hollywood content LeBron James and Maverick Carter’s marketing and entertainment company has an unapologetic agenda: to make and distribute content that will give a voice to creators and consumers who have been pandered to, ignored, or underserved. Its commitment to this community hasn’t wavered as the company significantly scaled into a content creation powerhouse and raised $100 million in 2020. It was a producer of the Netflix limited series Self-Made , starring Octavia Spencer as Madam C.J. Walker, the Black creator of an early-20th-century beauty empire; and the documentary series The Playbook about legendary coaches, also on Netflix. SpringHill Company also backed James’ More than a Vote initiative to boost voter turnout, and created animated shorts and other digital media to educate and inspire people to get involved in the Presidential election. More content is on the way thanks to a blizzard of new deals with Amazon, Disney, Universal, CNN, Sirius, and more. 2 Read More …

The 10 most innovative companies in augmented and virtual reality

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Consumer virtual reality (VR) headsets took a stride toward the mainstream with the release of Oculus Quest 2 this year, while augmented reality (AR) experiences have been mainly phone-bound—consisting of Snapchat overlays and Apple ARKit apps. Still, some compelling AR and VR content was produced, such as the Solastalgia short film that took honors at the Sundance Film Festival, and Valve’s new game, Half-Life: Alyx . Because of the pandemic, some businesses have begun thinking about bringing far-flung employees together to collaborate using spatial computing. These are the companies whose products did the most to push mixed reality forward during 2020. 1. Snap For bridging reality with mini apps For Snap , 2020 might be remembered for the launch of “minis,” or little third-party apps that run inside the company’s messaging app. The apps can be used in social ways: Two friends can use a mini to figure out a movie to see, and then buy the tickets together. Or two friends might shop for a prom dress together (yes, Snap’s audience skews a little younger). And the developers of these little apps can either bring their own computer vision models or use Snap’s to let users identify places or products in the real world. The company says it’s been working with retailers on ways to keep business humming during the pandemic. For instance it launched a virtual try-on app with Gucci in June. Imagine pointing your Snapchat camera at your feet to see how a pair of Gucci shoes would look on you, then simply pushing a button on the lens to make the purchase. Snap’s AR try-on technology, launched last June, allows you to do just that. With its new Camera Kit tool, Snap is also letting brands like MLB and Nike build Snapchat AR lenses into their own apps, for their communities to enjoy. It’s in a position to do so: Snap has seen a big bounce in usage since people have been trapped at home (with their phones) during the pandemic. The company says its daily active users grew to 265 million in Q4 2020, compared with 218 million a year earlier, average revenue per user is up from 33%, and it anticipates an impressive 50% revenue growth in the years ahead. Read More …