GoDaddy Venture Forward Quarterly Newsletter - Seite 3

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Recent Events

Las Vegas' First-Ever Microbusiness Summit

The first of its kind Microbusiness Summit took place on Saturday, February 24, 2024, at Las Vegas City Hall. GoDaddy Venture Forward research identified Las Vegas as having the second-highest number of microbusinesses in the country after New York City and three times the national average.

Inspired by the massive presence and growth of businesses with fewer than 10 employees (known as microbusinesses) found in Southern Nevada, GoDaddy, the City of Las Vegas, Workforce Connections and Bank of Nevada collaborated to design an impactful agenda based on the top three challenges facing Las Vegas entrepreneurs according to local Venture Forward surveys.

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Research Deep Dive Hosted By Nasdaq Entrepreneurial Center

In February of 2024, nearly 100 virtual attendees joined the Nasdaq Entrepreneurial Center, GoDaddy Venture Forward and the Wells Fargo Foundation to discuss fresh data on women-led entrepreneurship. In this interactive workshop, the panel aimed to shine a light on the experiences and success factors for women business owners, including speed to cash flow break-even and access to capital. The goal was for participants to leave with a deeper understanding and concrete ideas to support women business owners and accelerate their success.

Read more and watch a recording of the conversation...

In the News

Tammy Thompson and Alexandra Rosen: Black Women Lead Pittsburgh's Microbusiness Revival

Pittsburgh stands out as one of the fastest-growing areas for America's smallest businesses, called microbusinesses... This kind of entrepreneurship has flourished since the onset of the pandemic in March 2020. In fact, 39% of microbusinesses have started since 2020. And in Pittsburgh, Black women lead the charge.

...Research from Venture Forward offers a deeper view into Pittsburgh's microbusinesses. There are currently more than 167,000 such businesses in Allegheny County, a number that has nearly tripled since September 2019. About 144,000 of those call the city of Pittsburgh home.

Read more in the Pittsburgh Post-Gazette...

About GoDaddy Venture Forward

GoDaddy's Venture Forward research initiative analyzes more than 20 million online businesses with a digital presence (measured by a unique domain and an active website). Most of these businesses employ fewer than 10 people, classifying each as a microbusiness. While they may be small, their economic impact is outsized even though they often don't show up in traditional government statistics.