Let’s take a break from Big Tech to look at three business models that are thriving right now with real-world products. On a steamy summer day in New York, a cold-storage company from Michigan racked up the biggest public offering of the year. Lineage raised $4.4 billion yesterday in its Nasdaq debut, selling nearly 57 million shares for $78 each. As befits a man who oversees about 3 billion cubic feet of refrigerated warehousing, CEO Greg Lehmkuhl was notably cool about the hot debut. Along with trying to create new materials and processes to reduce waste, Shupe is creating a new manufacturing business model that’s addressing a critical social need.

Source: Forbes July 26, 2024 19:17 UTC