My trip to Colombia was an opportunity for reflection on the new model of emerging companies: products and companies born in one part of the world that gain traction and investment with relocation to Silicon Valley.  Generally speaking, in the past few years we have seen a number of entrepreneurs choose to take a very deliberate strategy in attempting to build a global company:

1. Develop a product and gain some traction in their country of origin.
2. Incorporate a company in Delaware, contribute the IP to the new company.
3. Move business HQ to San Francisco Bay Area to seek investors, partners and customers, all the while participating in Silicon Valley’s unique startup culture. Meanwhile, the company’s development team remains in the country of origin, which reduces development costs and  provides competitive advantages to the business. [Read more…]