• Multinational Startups: The Future Or A Doomed Idea? (TCTV)

    Friday, February 4th, 2011

    Sarah Lacy writes for PandoDaily, a news site which she founded. She is also an award winning journalist and author of two critically acclaimed books, “Once You’re Lucky, Twice You’re Good: The Rebirth of Silicon Valley and the Rise of Web 2.0” (Gotham Books, May 2008) and “Brilliant, Crazy, Cocky: How the Top 1% of Entrepreneurs Profit from Global Chaos... → Learn More

    In our second segment with Ankur Jain of the Kairos Society, we talk about the idea of multinational startups.

    A lot of startups like to say they are “global from day one,” but typically that’s just marketing. Most of the startups I know who have tried to be truly global from day one– focusing explicitly on several big markets at once with co-founders spread around the globe– have said later they didn’t recommend it. Many entrepreneurs would argue there is just something about facetime, coding in the same room, and building a project physically together that is core to how a startup works and a culture is built. After all, it’s hard to be nimble when you’re navigating cultural, language and time-zone chasms.

    Nevertheless, Jain thinks it’s the future. He explains why in the video below.

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