1. Think Global. Start[up] Local. Observation: Internet Entrepreneurship is a Global Phenomenon that Starts at Home. Actualization: So Make Your Home The Entire Fucking Planet. Dave McClure, 500startups.com @DaveMcClure
2. Global Trends More Young, More Old ($$$) Users Online More Bandwidth, More Video (=pr0n FTW!) Growth of Global Languages (see MyGengo.com) 1B+ speakers: Mandarin, English 500M+ spkrs: Spanish, Hindi, Arabic, Portuguese Wealthy Chinese + Indian, Web + IRL Globetrotters ($$$B) Smart Device Proliferation phone, tablet, TV, console, etc Acceleration of Global Payment, E-Commerce Dramatically Reduced Cost: Product Dev, Customer Acqstn Global Distribution Platforms US/EU: Apple, Facebook, Google (Search, YouTube, Gmail, Android), Twitter, Zynga Asia: Tencent/QQ, Taobao/Alibaba/AliPay, Youku, MediaTek, Rakuten, DeNA
3. Local Hacks Dominate your local/native market first Or, move so that your local market is bigger (China, US) Language + Visual Design Matters Read: Spent, Influence, Understanding Comics Niche 2 Win: Big Enough Markets + Great Customer 1M users @ $20/mo = ~$250M/yr business Sell Something You Fucking Idiot. Transactns, Subscriptns, Virtual Goods, LeadGen You Don’t Need to Be [in] Silicon Valley But, Silicon Valley Needs to BE IN YOU. (Use The Force, Luke… Close Your Eyes, Let Go ) Start Local, Hustle Global.