Everything on Ecosystem Development

The concept of "local luminaries" is essential for entering emerging markets. These respected ecosystem builders provide access to rising founders and validate new entrants, reducing the friction of market entry.

Impact: Investors who build relationships with local luminaries gain early access to high-potential deals and deeper market insights in emerging regions.

— from Borderless Founders: AI Accelerates Global Venture Strategy · a16z Podcast· Aug 20, 2026