Market Efficiency

TAVOS Media Network is a trail-blazing venture based in Palo Alto, California, that empowers people in underserved communities around the world through local media services. Our vision is to build a global network of local media microfranchises to give voice and promote the life and prosperity of every community.

I recently watched Muhammad Yunus full of joy, sharing his story and advocating for his ideas during his Nobel Lecture of December 10, 2006, at the Oslo City Hall, Norway. I was deeply inspired and connected to his values and believe. I would like to contribute my 2 cents in promoting his lecture in this post.

Why business models are critical to innovation in emerging economies – From social entrepreneurship to building an idea or a business – Part 1

Emerging economies represent new challenges for ideas and businesses, which is why new social entrepreneurship opportunities are now the Petri-dish for what is emerging. Some examples exist of great reference;

At SVASE (www.svase.org) main event “Where the Hot Money Will Be Going in 2006,” the panelists from Onset Ventures, Lightspeed Ventures and Draper Fisher Jurvetson talked about the innovations they see that are coming to reshape the landscape of software, semiconductors, Internet, telecom, energy and bio-tech industries.

The biggest problem facing micro-entrepreneurs in developing countries is the inability to access the larger public market and its market information. They do not have efficient channels to reach customers. This creates a significant barrier for the working poor to rise from poverty.

After Google's testing site "Google Base" was launched and quickly taken off last month, there are many speculations about Google's intention to get into online classified advertising business.

Today, Google Base (http://base.google.com) is officially live! This marks another step of Google’s ambition to organize the world information on the web.