<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:googleplay="http://www.google.com/schemas/play-podcasts/1.0"><channel><title><![CDATA[[99%tech]: Tech’s Other 99%]]></title><description><![CDATA[Essays from [99%tech], read aloud. How the world beyond Silicon Valley builds, and what the Valley learns back. By global VC and Out-Innovate author Alex Lazarow. Narrated with his AI voice, one essay at a time.]]></description><link>https://99tech.alexlazarow.com/s/techs-other-99</link><image><url>https://substackcdn.com/image/fetch/$s_!vl72!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fcae24093-688e-4321-a6fa-ee9385f8979c_1024x1024.png</url><title>[99%tech]: Tech’s Other 99%</title><link>https://99tech.alexlazarow.com/s/techs-other-99</link></image><generator>Substack</generator><lastBuildDate>Sun, 06 Sep 2026 11:25:00 GMT</lastBuildDate><atom:link href="https://99tech.alexlazarow.com/feed" rel="self" type="application/rss+xml"/><copyright><![CDATA[Alex Lazarow]]></copyright><language><![CDATA[en]]></language><webMaster><![CDATA[al@alexlazarow.com]]></webMaster><itunes:owner><itunes:email><![CDATA[al@alexlazarow.com]]></itunes:email><itunes:name><![CDATA[Alex Lazarow]]></itunes:name></itunes:owner><itunes:author><![CDATA[Alex Lazarow]]></itunes:author><googleplay:owner><![CDATA[al@alexlazarow.com]]></googleplay:owner><googleplay:email><![CDATA[al@alexlazarow.com]]></googleplay:email><googleplay:author><![CDATA[Alex Lazarow]]></googleplay:author><itunes:block><![CDATA[Yes]]></itunes:block><item><title><![CDATA[Competition is for losers - the AI edition]]></title><description><![CDATA[Peter Thiel said competition is for losers.]]></description><link>https://99tech.alexlazarow.com/p/competition-is-for-losers-the-ai</link><guid isPermaLink="false">https://99tech.alexlazarow.com/p/competition-is-for-losers-the-ai</guid><dc:creator><![CDATA[Alex Lazarow]]></dc:creator><pubDate>Mon, 17 Aug 2026 06:43:29 GMT</pubDate><enclosure url="https://api.substack.com/feed/podcast/211387636/226a1b421f856ca37a1b026dea6fb688.mp3" length="0" type="audio/mpeg"/><content:encoded><![CDATA[<p>Peter Thiel said competition is for losers. Here&#8217;s where the escape hatch is: the two structural advantages of building fintech outside the SF-NY axis that the AI rebuild moment amplifies, the hundred-versus-three math, and why compound startups are the natural shape of the opportunity outside the US.</p><p>Read the full essay, with links and sources <a href="https://99tech.alexlazarow.com/publish/post/208969781">here</a>.</p><p>This piece first ran in my Forbes column. Narrated with my AI voice.</p><p>[99%tech] &#183; Tech&#8217;s other 99%. From Silicon Valley to the other 99% of the world. And back.</p>]]></content:encoded></item><item><title><![CDATA[Three lessons from my 2023 conversation with Ray Dalio, founder of Bridgewater Associates]]></title><description><![CDATA[Three lessons from my 2023 conversation with Ray Dalio, founder of Bridgewater Associates: what the changing role of reserve currencies means for fintech, why diversification maps to the horizontal and vertical stacks of emerging market startups, and how radical transparency translates to building startups and venture firms.]]></description><link>https://99tech.alexlazarow.com/p/three-lessons-from-my-2023-conversation</link><guid isPermaLink="false">https://99tech.alexlazarow.com/p/three-lessons-from-my-2023-conversation</guid><dc:creator><![CDATA[Alex Lazarow]]></dc:creator><pubDate>Wed, 29 Jul 2026 08:43:00 GMT</pubDate><enclosure url="https://api.substack.com/feed/podcast/208931992/e49a9a915a9612c36c319d6bf5f62f7f.mp3" length="0" type="audio/mpeg"/><content:encoded><![CDATA[<p>Three lessons from my 2023 conversation with Ray Dalio, founder of Bridgewater Associates: what the changing role of reserve currencies means for fintech, why diversification maps to the horizontal and vertical stacks of emerging market startups, and how radical transparency translates to building startups and venture firms. From the [99%tech] archive, September 2023.</p><p>Read the original essay: <a href="https://99tech.alexlazarow.com/p/3-lessons-ray-dalio-founder-of-the">https://99tech.alexlazarow.com/p/3-lessons-ray-dalio-founder-of-the</a></p><p>Narrated with my AI voice.</p><p>[99%tech] &#183; Tech&#8217;s other 99%. From Silicon Valley to the other 99% of the world. And back.</p>]]></content:encoded></item><item><title><![CDATA[Tech Is Globalizing. The Money Is Lagging.]]></title><description><![CDATA[The audio edition. Narrated with my AI voice.]]></description><link>https://99tech.alexlazarow.com/p/tech-is-globalizing-the-money-is-968</link><guid isPermaLink="false">https://99tech.alexlazarow.com/p/tech-is-globalizing-the-money-is-968</guid><dc:creator><![CDATA[Alex Lazarow]]></dc:creator><pubDate>Sun, 19 Jul 2026 09:32:47 GMT</pubDate><enclosure url="https://api.substack.com/feed/podcast/207617168/bbf291ad8d53d92b10b8aed93a178fdb.mp3" length="0" type="audio/mpeg"/><content:encoded><![CDATA[<p>Two weeks across South Summit in Madrid and SuperReturn in Berlin, one sharpened conclusion: talent, adoption, and cheap compute have all gone global, and capital is the last input behaving as if geography were destiny. On Europe&#8217;s $5.6 trillion startup ecosystem, the liquidity drought and the secondaries plumbing built around it, the trophy-name exit window, and why the AI roll-up wave may work better outside the US.</p><p>Read the full essay, with links and sources: <a href="https://99tech.alexlazarow.com/p/tech-is-globalizing-the-money-is">https://99tech.alexlazarow.com/p/tech-is-globalizing-the-money-is</a></p><p>Narrated with my AI voice.</p>]]></content:encoded></item><item><title><![CDATA[Trailer: Tech's Other 99%]]></title><description><![CDATA[What this show is, in under a minute.]]></description><link>https://99tech.alexlazarow.com/p/trailer-techs-other-99</link><guid isPermaLink="false">https://99tech.alexlazarow.com/p/trailer-techs-other-99</guid><dc:creator><![CDATA[Alex Lazarow]]></dc:creator><pubDate>Sun, 19 Jul 2026 04:12:34 GMT</pubDate><enclosure url="https://api.substack.com/feed/podcast/207621244/b02a616c061bf3650c25666dff2231e1.mp3" length="0" type="audio/mpeg"/><content:encoded><![CDATA[<p>In 2013, four cities had ever created a unicorn. Today, more than 300 have, across more than 50 countries.</p><p>[99%tech] covers that world: how it builds, what it teaches, and what flows back to Silicon Valley. I&#8217;m Alex Lazarow, a global venture capitalist, entrepreneur, and author of Out-Innovate.</p><p>Every week, one essay. Read it, watch it, or listen to it here in my voice.</p><p>Full essays, with links and sources: </p><div class="embedded-publication-wrap" data-attrs="{&quot;id&quot;:325462,&quot;embedding_publication_id&quot;:null,&quot;name&quot;:&quot;[99%Tech]&quot;,&quot;logo_url&quot;:&quot;https://substackcdn.com/image/fetch/$s_!vl72!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fcae24093-688e-4321-a6fa-ee9385f8979c_1024x1024.png&quot;,&quot;base_url&quot;:&quot;https://99tech.alexlazarow.com&quot;,&quot;hero_text&quot;:&quot;Tech's other 99%. From Silicon Valley to the rest of the world. And back.&quot;,&quot;author_name&quot;:&quot;Alex Lazarow&quot;,&quot;show_subscribe&quot;:true,&quot;logo_bg_color&quot;:&quot;#fafafa&quot;,&quot;language&quot;:&quot;en&quot;}" data-component-name="EmbeddedPublicationToDOMWithSubscribe"><div class="embedded-publication show-subscribe"><a class="embedded-publication-link-part" native="true" href="https://99tech.alexlazarow.com?utm_source=substack&amp;utm_campaign=publication_embed&amp;utm_medium=web"><img class="embedded-publication-logo" src="https://substackcdn.com/image/fetch/$s_!vl72!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fcae24093-688e-4321-a6fa-ee9385f8979c_1024x1024.png" width="56" height="56" style="background-color: rgb(250, 250, 250);"><span class="embedded-publication-name">[99%Tech]</span><div class="embedded-publication-hero-text">Tech's other 99%. From Silicon Valley to the rest of the world. And back.</div><div class="embedded-publication-author-name">By Alex Lazarow</div></a><form class="embedded-publication-subscribe" method="GET" action="https://99tech.alexlazarow.com/subscribe?"><input type="hidden" name="source" value="publication-embed"><input type="hidden" name="autoSubmit" value="true"><input type="email" class="email-input" name="email" placeholder="Type your email..."><input type="submit" class="button primary" value="Subscribe"></form></div></div><p></p>]]></content:encoded></item></channel></rss>