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Beyond Silicon Valley - Coggle Diagram

- - - - If the number of users takes off, start-ups can indeed become very large, very fast.
      - They focus on both growth and profitability, build
        resiliency into their models
        
        Charge for the value they create from the get-go, and take a long-term outlook
        
        They’re able to do this because existing solutions are often so dysfunctional that customers are willing to pay for reliable, safe, and efficient products
        
        Start-ups rush to develop a minimum viable product, raise capital, and lay waste to entrenched inefficiencies in the process.
- - - - By offering basic services, companies have the opportunity to become necessary to untapped customers
        
        The market and thus the payoff can be enormous
        
        Gojek introduced many customers to online services, the platform became an ideal place to offer a range of financial products.
  - - - To solve this problem, OkHi offers crowdsourced digital addresses a unique combination of a GPS point, a location’s photo, and text descriptors
- - - - Who refill and expand the ranks of the 150,000 computer scientists and software developers working in California
      - Companies operate under the assumption that employees are replace
        
        In a study of 628 entrepreneurs in emerging markets, 75% of those whose firms were rapidly growing identified lack of available talent as the biggest
        barrier to their business
        
        Shopify, an e-commerce enabler based in Ottawa, launched a “dev degree” in partnership with nearby Carlton University