Insights By Accel
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Episode
51
Looking beyond Silicon Valley for Global Innovation
In this episode, we hear from Alexandre Lazarow, VC at Cathay Innovation, and author of ‘Out-Innovate: How Global Entrepreneurs — from Delhi to Detroit — Are Rewriting the Rules of Silicon Valley’, on the key aspects of the global entrepreneurial landscape and innovating at the frontier.
Alex throws light on how the entrepreneurs from frontier markets are reinventing startup best practices and offering a brand new playbook for innovation that looks different from that of startups in the valley.
The podcast centers around the shift of innovation from the silicon valley to the global playground. Alex talks about the incredible stories of entrepreneurs in emerging markets who maneuver challenging environments to build resilient sustainable businesses that create large social impact.
To hear more from Alex on global innovation trends, tune in to the latest episode of the Insights Podcast by Accel
Notes:
02:31 — Genesis of ‘Out-Innovate’, the book
04:44 — Future is at the frontier: Innovation increasingly coming from emerging markets
08:49 — Social impact of creators
16:59 — The camel approach: Building sustainability from Day 1
20:50 — Going global from the Get-go
23:55 — Frontier innovators = Ecosystem builders
Related Podcast:
Execution and Importance of Uncommon Service
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We’re building Passionfroot 1, an operating system for creators to manage their business.
We’re based in Europe and raised our $ 3.4m pre-seed round from Creandum and US angels such as Vlad (Webflow) and creators like Ali Abdaal.As we’re creating a new category and as the creator economy is global and mostly online, we’re building from Day 1 a global company and product that helps creators monetize around the world.
This brings a lot of complexities especially in terms of payments and taxes as our early users are based both in Europe and the US and deal with cross-border transactions.What are Do’s and Dont’s for European startups who have a global ambition and build products for a global customer base from Day 1. Anything you would do differently?
Thanks @pjbouten! Love how you’ve thought about incrementally shaping a category with a focus on product and service, and only then thinking about getting the message out there vs the other way around.
And totally agree on the distinctions and overlaps both self-serve and enterprise motions share.
Thanks, PJ, for taking the time to address questions from the great vantage of shaping Showpad into a global, enterprise SaaS brand!