Why Yahoo!'s strategy to give local teams near full autonomy cost them the global search market - Marvin Liao | Partner, Diaspora Ventures

In this episode we are excited to welcome Marvin Liao. Marvin 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, Marvin played a major role in the international expansion efforts (in APAC and EMEA) at Yahoo!     In our conversation, Marvin shares why it's crucial to build an internal network and trust to be successful in new markets, the pitfalls of too much localization and autonomy, the importance of 2 way innovation, 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.     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 at https://www.zedra.com Find our entire podcast episode library at https://www.globalclassbook.com/podcast