3 major industries and their next-gen disruptors:
Three of this year’s Next Billion Dollar consumer companies are retailers with their own unique twist.sells natural household, personal care, and other products directly to consumers. The company was co-founded in 2014 by Stuart Landesberg, a former associate of TPG Capital who worked regularly with retail brands as an investor and saw the need for a company that prompted customers to buy items they tend to keep in stock .
Two other consumer companies on this year’s list are capitalizing on the continued growth of streaming services.was founded in 2015 as a service for die-hard soccer fans. Since then, the company has maintained its niche focus on live sports, which differentiates it from the crowd of streaming services.
’ Millennium Falcon, with the goal of shooting a music video with his band inside of it. When the project was finally complete, Conte and his band published their music video on YouTube. But with advertising revenue not nearly enough to cover the costs of the project, they provided a link to a website where viewers could donate money to the band. Thus the idea for
was born. Today, Patreon provides the business infrastructure to support 100,000 online independent creators like Conte, allowing them to manage the patrons who pay to support them and earn a sustainable income.joins the list seven years after its founding by Luis von Ahn. Von Ahn, who immigrated to the U.S. from Guatemala, saw how many Guatemalans lacked access to quality education and was inspired to make a platform where people could learn for free.
, in 2012 IBM employed just one designer for every 72 engineers; today, it employs eight engineers to every designer.is a software platform that simplifies the traditionally laborious process of managing business expenses. Founder Blake Murray first wrote out his concept for an easy-to-use business expense and budgeting platform on a napkin; three years later, that idea has turned into a rapidly growing business.
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