In this episode, we are excited to welcome Marvin Liao. Liao is a partner at Diaspora Ventures and GAMEGROOVE Capital and previously was a partner at 500 Startups, where in total, he has invested in over 400 companies. Prior, Liao played a major role in the international expansion efforts (in APAC and EMEA) at Yahoo!
In our conversation, Liao shares why it is crucial to building an internal network and trust to be successful in new markets, the pitfalls of too much localisation and autonomy, the importance of two-way innovation, and why bad economic times are great opportunities to expand in international markets and viewpoints on how investing in fast-growing companies is getting more global.
Also Read: East Ventures, Yahoo! Japan Capital, and SMDV launch EV Growth
Get your copy of our Wall Street Journal Bestselling Book, Global Class, a playbook on how to build a successful global business.
This episode is sponsored by our partner ZEDRA. Learn more about how the ZEDRA team can support you in expanding to new markets here.
Find our entire podcast episode library here.
—
The content was first published by Global Class.
Image Credit: Global Class
The post Why Yahoo!’s strategy to give local teams near full autonomy cost them the global search market appeared first on e27.