WITN?: Can Foosball Tables Save the Middle East? (TCTV)
September 13, 2010 at 13:00 PM EDT
Endeavor -- a non-profit that encourages high-impact entrepreneurship in the emerging world-- likes to go to counties where people wouldn't expect a lot of sophisticated high-growth entrepreneurship to be. Thirteen years ago when Endeavor started that was easy, just go outside Western Europe or the US. But today, entrepreneurship is exploding in places we wouldn't have expected from Russia to Singapore to Colombia to -- Sarah's recent favorite-- Kenya . Leave it to Endeavor to skip over much of Asia and Africa and head straight for the one place that may still be resistant to embracing Western-style capitalism and venture capital: The Middle East. Our guest on "Why Is This News?" is Linda Rottenberg, founder of Endeavor who joined us to talk about the strategy and what they're finding. Video below.