25 OUTLOOK SERIES: PART II. WHAT IS HAPPENING OUTSIDE SILICON VALLEY? POWERED BY BICYCLE CAPITAL

In the discussion, participants explore innovation beyond traditional hubs like Silicon Valley, focusing on regions such as India, Africa, and Brazil. They emphasize the importance of addressing local problems with tailored solutions, particularly in sectors like retail and agriculture. The conversation highlights the need for a problem-first approach in innovation, rather than technology-first, to ensure sustainable growth. Participants also discuss the potential for emerging markets to produce large, successful companies by leveraging unique local conditions and consumer habits. The mood in these regions is optimistic, with a focus on creating high-quality companies that can scale globally.