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In the past four years, New Story has funded over 2,200 homes, building 17 communities for over 11,000 people across Mexico, Haiti, El Salvador, and Bolivia. In the past two years, they have shifted their primary focus from funding and building their own communities to pioneering solutions for the entire global social housing sector to use.
Even the venerable McDonald’s failed to recognize that in Bolivia, their price per meal was off the charts compared to indigenous alternatives. Global expansion is never simply a multiplier applied to local results. Don’t look for any magic formulas to expand your business globally.
My grandparents ran a very large cookie and bread factory in Bolivia. I then met Elizabeth along that journey and she was coming from this background with the working for the United Nations, leading their global entrepreneur council. She had this big macro view of what entrepreneurship really could do for a global economy.
Though a global innovator, Apple in 2010 only invested 2% of its revenue in R&D, much lower than other high-tech companies. Cornell University and the Technion – Israel Institute of Technology have been chosen to build a cutting-edge NYC Tech Campus that will serve as a global magnet for tech talent and entrepreneurship.
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