In fact, unlike most five-year-old firms, B Capital has from the outset partly because of its close ties to BCG been on a mission to identify interesting startups and trends across the world. A quick look at its portfolio underscores just how wide a net it is casting, with bets that range from Ninja Van, the last-mile logistics provider for delivery services in Southeast Asia, to the L.A.
You cant go to the point of ignoring it its actually critically important, and it will continue to be a big part of entrepreneurship.
As for whether companies think about creating offices in Silicon Valley, absolutely if it fits the requirements of that particular business.
ES: Its a company thats looking to enable large enterprises on top of the messaging world, which is something weve looked at very deeply. Theres a lot of examples in Asia of how messaging applications and conversational commerce has been incredibly effective at enabling a reconstruction of how enterprises engage with their end consumers.
Facebook use in Brazil, for example, is number three in the world after India and the U.S., so its a huge market for social.
But the India equation was a very different one for Bounce, where youre seeing a company that looked at public transportation enablement at incredibly low cost and doing it with a proven, tested, multi-decade medium, meaning traditional Vespas and motorcycle-style scooters in the region.
But it will become a more important part of the story as you start seeing innovation begin transforming large, traditional industries versus the consumer internet.
Original article