Guadalajara’s Transition From Tequila to High Tech
Offering a Model for Mexico's Future, the City Reinvented Itself as an R&D Hub
In 2009, as the economy of Silicon Valley started to recover from the financial crisis, Bismarck Lepe, a tech entrepreneur with a Stanford pedigree and a few years working at Google under his belt, began looking around the world for cities to put his new business, Ooyala, which provides online video solutions for business.
He knew that the venture capital companies would be ready to open the tap again after the economic slowdown. He also believed that Ooyala was ripe for a big expansion. But Silicon Valley was simply too …