TechTrotter: Innovation Happens Everywhere

TechTrotter started as a global investigation into innovation hubs often overlooked by the mainstream press.

After two months in Brazil I relocated to India and my observations now cover technology in daily use, Web trends and weird and wonderful aspects of life in the world's largest democracy

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Bangalore: Day One in the electrojungle

Picture 1Last night, my neighbor’s snores were loud enough to wake the dead. I almost to put on the ceiling fan to drown out the noise,  but as the morning sun warms the wet clay, the near silence of night has given way to din of the day’s activities. Washing, cooking and the feeding babies all contribute to the sonic landscape. My Bangalore is the sound of water sloshing from buckets onto concrete floors, the sweet smell of wet clay and burnt petrol fumes, fried onions and spices.  With the sun overhead, Bangalore is alive,  bodies are everywhere, as are cars and cows, restaurants and shrines.

Having lived here before, albeit briefly, I feel I know what to expect out of this city–crippling traffic, frenetic energy and a friendly, welcoming atmosphere. This time will be different, as I am here to stay. As such, I’m looking at the city with a different set of eyes, though they are cast upon a familiar scene. I’m living in the ultimate Bangalore bachelor pad with Anu, a venture capitalist and Ram, one of my business partners at Ixoraa Media. Our complex has all the amenities, including a swimming pool, tennis courts and a game room with ping pong tables, and billiards.

Just down the road from our apartment are gleaming glass complexes for Microsoft, IBM and Fidelity Investments (though very corporate, the structures would win architecture awards if they were in Sao Paulo). Just across a narrow dirt road is the old Bangalore City Airport (HAL). While I slept off the jet lag and exhaustion of 35 travel hours, two fighter jets used the nearby runway, creating an incredible roar. Already this morning there have been three. Tell me more …

Brazil: Venture funding with more human interest; the Monashees’ way

51253v4-max-250x250Investing venture capital funds in Brazilian startups is a lot like match-making, which would make Monashee’s Capital partners Eric Acher and Guillerme Decourt  part investor and one part Yenta. Today we sat down at their office to talk about educating the market about the role of a venture firm, taking the long view of investments, how to spot a winner and the importance of saying “no.”

“We’re not techy guys, we’re strategy-oriented,” Acher told me. As such, marrying the right idea with the right team is a strategy that Monashees views as central to their long term success. “An idea is a commodity,” Acher said. “The name of the game is compatibility.” And, just a like a  couple who saying their vows, Monashees is committed to the long-haul.

Tell me more …

TechTrotter Interviews Tom Friedman of The New York Times

Our first multimedia feature on TechTrotter is an unexpected interview with columnist, author and tastemaker Thomas L. Friedman of The New York Times.  Late last week Friedman was spotted hanging around the Columbia Journalism School building and when I saw him Friday, I sprang into action. Although he was loath to discuss why he was on campus, speculation is rampant that is has something to do with the announcement of Pulitzer Prize awards.

Friedman is someone I admire for his prescience and depth of knowledge. The premise of Friedman’s book, ‘The World is Flat,‘ singlehandedly inspired the TechTrotter excursion, because as he told me in our interview, when someone in Philadelphia has a good idea, someone in the Philippines has that idea one second later. I would even venture to say that someone in Philly might have that idea a second after someone in Manila, though I’ve got nothin’ but love for Philly. In sum, competition in a flattened world means that innovation can and will come from unlikely quarters.

While I have been challenged by Friedman’s ideas, since I started reading his column over a decade ago, his image has been tarnished in no small part by his ardent support for the Iraq War, his denunciations of the Obama bailout strategy and his calls for the Federal Government to bailout venture capitalists, his influence will live on in the strength of his ideas, whether or not people are willing to swallow all of what he has to say.

As far as global entrepreneurship and competition from the developing world are concerned, his writing was sage, and I invite you to disagree as politely or forcefully as you wish.