When people think about mergers and acquisitions, they think big. Mega-mergers between household names. Multi-billion-dollar deals that make front-page headlines. The acquisition of a social media company by a billionaire. These are the deals that dominate the conversation. But the most significant M&A activity in 2026 isn't happening at the top of the market. It's happening in the middle, among companies with revenues between $10 million and $500 million. And this middle-mar

After three years of corporate tug-of-war, the return-to-office battle has reached something like a resolution. But it's not the resolution that either side wanted. The fully-remote evangelists predicted that offices would become obsolete, that companies would embrace distributed work permanently, and that the old model of commuting to a cubicle five days a week would be relegated to history. The fully-in-office traditionalists predicted that the remote work experiment would

While the tech press fixates on AI unicorns and the latest mega-merger, something remarkable is happening at the other end of the business spectrum. Small businesses are forming at the highest rates in decades. New business applications in the United States have been running well above pre-pandemic levels for four years straight. And this isn't just a statistical blip driven by gig economy registrations. A significant portion of these new businesses are employer firms, the ki

After one of the longest IPO droughts in recent memory, the market for public offerings is showing real signs of life. Several high-profile companies have filed or are expected to file in the coming months. Institutional investors are expressing appetite for new listings. And the performance of recent IPOs, while mixed, has been strong enough to encourage others to follow. But if you're a private company thinking about going public, the rules have changed. The investors on th