Out-Innovate: How Global Entrepreneurs--from Delhi to Detroit--Are Rewriting the Rules of Silicon Valley

Out-Innovate: How Global Entrepreneurs--from Delhi to Detroit--Are Rewriting the Rules of Silicon Valley

by Alexandre "Alex" Lazarow
Out-Innovate: How Global Entrepreneurs--from Delhi to Detroit--Are Rewriting the Rules of Silicon Valley

Out-Innovate: How Global Entrepreneurs--from Delhi to Detroit--Are Rewriting the Rules of Silicon Valley

by Alexandre "Alex" Lazarow

Hardcover

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Overview

The new playbook for innovation and startup success is emerging from beyond Silicon Valley—at the "frontier."

Startups have changed the world. In the United States, many startups, such as Tesla, Apple, and Amazon, have become household names. The economic value of startups has doubled since 1992 and is projected to double again in the next fifteen years.

For decades, the hot center of this phenomenon has been Silicon Valley. This is changing fast. Thanks to technology, startups are now taking root everywhere, from Delhi to Detroit to Nairobi to Sao Paulo. Yet despite this globalization of startup activity, our knowledge of how to build successful startups is still drawn primarily from Silicon Valley.

As venture capitalist Alexandre Lazarow shows in this insightful and instructive book, this Silicon Valley "gospel" is due for a refresh—and it comes from what he calls the "frontier," the growing constellation of startup ecosystems, outside of the Valley and other major economic centers, that now stretches across the globe. The frontier is a truly different world where startups often must cope with political or economic instability and lack of infrastructure, and where there might be little or no access to angel investors, venture capitalists, or experienced employee pools.

Under such conditions, entrepreneurs must be creators who build industries rather than disruptors who change them because there are few existing businesses to disrupt. The companies they create must be global from birth because local markets are too small. They focus on resiliency and sustainability rather than unicorn-style growth at any cost.

With rich and wide-ranging stories of frontier innovators from around the world, Out-Innovate is the new playbook for innovation—wherever it has the potential to happen.


Product Details

ISBN-13: 9781633697584
Publisher: Harvard Business Review Press
Publication date: 04/07/2020
Pages: 304
Product dimensions: 6.20(w) x 9.30(h) x 1.20(d)

About the Author

Alex Lazarow is a venture capitalist specializing in global innovation and impact. He presently works with the global investment firm Cathay Innovation. He was previously a principal with Omidyar Network. He is a Kauffman Fellow, Council on Foreign Relations term member, and an adjunct professor at the Middlebury Institute of International Studies at Monterey. Lazarow is a graduate of Harvard Business School and the University of Manitoba. He lives with his family in the San Francisco Bay area.

You can find Alex Lazarow at alexlazarow.com and follow him on Twitter @Alex_Lazarow.

Table of Contents

Introduction

Beyond Silicon Valley 1

1 Create 17

Create Rather Than Disrupt

2 Foster the Full Stack 31

Don't Just Rely Only on Software

3 Raise a Camel 47

Build for Sustainability and Residence

4 Cross-Pollinate 73

Connect Ideas and Networks from around the World

5 Be Born Global 87

Target the World from Day One

6 Establish a Distributed Team 103

Tap Talent from across the Globe

7 Build A-Teams 119

Don't Hire Just A-Players

8 Train to Be a Multi-Mission Athlete 137

Combine Impact and Profit-Based Goals

9 Manage Risk 151

Foster Trust: Don't Just "Move Fast and Break Things"

10 Reinvent Finance 165

Develop New Venture Models for Tougher Ecosystems

11 Lay the Foundation 185

Support the Next Generation of Entrepreneurs

12 It Takes a Village 207

How the Rest of Us Can Help

Conclusion

The Future Is at the Frontier 227

Notes 235

Index 267

Acknowledgments 273

About the Author 277

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