Innovation Labs: Innovate or Die
To start a new technology company costs less than 10 percent of what it did just 10 years ago. The cloud, easier platforms to write software and a deeper bench of technical talent graduating college have significantly increased the velocity of new startups emerging to serve the digital landscape. Beyond that, companies in the venture community are spending billions and billions every year funding these explorations. Some companies succeed and many of them fail.
- Companies:
- Amazon.com
- Wal-Mart
- Places:
- United States
John Grech is currently the Head of Retail Partnerships at Loop Commerce leading sales, business development and growth for the company. Loop is powering GXM for leaders like Target, Neiman Marcus, Vera Bradley, Coach, Kate Spade Michael Kors, and others. Prior to Loop, he was Co-Founder of Iterate Studio, a venture designed to close the gap on how retailers and brands access early-stage startup innovation. Essentially, Walmart Labs for everyone else and delivered as a service.