The venture capitalists following the traditional model of California Capitalism have a thesis that there are billion dollar business opportunities, there are business models able to capture those opportunities, and teams which can create those businesses if sufficiently funded. Softbank’s Vision Fund takes that model to a new level. A Tokyo-Riyadh Capitalism model. But a model that seems...
I spent the first half of September in East Africa, visiting two of my fledglings in Tanzania, training 14 entrepreneurs in Nairobi, then headed off to Western Kenya and drove to and from Eastern Uganda to visit five more graduates of Fledge, my conscious company accelerator. To share a glimpse of what all that was like, below are a series of video tours of each of the companies: Plus three key...
Last month I promised a daily habit of creation. What I’ve learned since then is that you have have any two of: international travel, jet lag, and blogging. But that doesn’t mean a pause to the habit. In fact, the jet lag is from 35 hours of flying from Seattle to Nairobi, with a stop in Dar es Salaam. Below are two videos from my stop in Tanzania. And in a week or two I’ll post...
American banks fail when unregulated, and they fail when improperly regulated. That is the one sentence summary of Broken Bargain by Kathleen Day, the latest book in my series trying to understand how the financial system is failing. My key learnings from his book are highly unlikely what the author intended. She’s a bit too anti-bank for my taste. We’d seem to agree on 99% of what is...
