Great companies can come from anywhere, which is why each time we have the conversation about overvaluation, the definition becomes harder and harder to pin down. Today, with technology touching almost every area of the economy, and amazing entrepreneurs active across every continent, we are living through a remarkable time that makes it a thankless task to put an overall label on valuations. As someone who has spent many years working with remarkable founders in Europe, Asia and Latin America, as well as the U.S., I’d have to say that this is not a bad thing. – Niklas Zennström
On Friday, Niklas Zennström, the initial founder of Skype, wrote an excellent article in the Wall Street Journal about how great companies can come from anywhere. It is well worth a read.