Big News! Also, Yes, I Am Back at TechCrunch
As loyal readers know I’ve been spending quite a bit of the last few months quietly working on some pretty radical and exciting career changes. I’ve already blogged about my role shifting at Yahoo's TechTicker, and the fact that I’m cutting out almost all conferences this year. I'm finally able to talk about the last two pieces of news today, and you’ll see why it was crucial for me to make a little more time in my schedule.
The first one is something I’ve been working towards since December 2007: I’ve finally closed my next book deal. Before I tell you about it, let me step back and say that the experience of writing “Once You’re Lucky, Twice You’re Good” was probably the most exhilarating and challenging thing I’ve ever done in my life. I knew I wanted to do another book, but I was worried that anything would pale in comparison.
Business reporters are rarely in the middle of something that’s also a mass cultural movement, the way Web 2.0 was. And it’s even rarer to be the reporter in the middle of that trend early-on, with near-unfettered access. The book was also the culmination of ten years of covering startups and the Web, with so many of the themes of the book coming out of articles I’d written week-after-week and conversations at endless breakfasts, lunches and dinners with investors, coders and nearly everyone who makes up the Valley ecosystem. I worked hard, but I was also in the right place at the right time, and I didn’t think it was possible that I’d find another book that I could be that passionate about again.
Then, a month after finally turning it into my publishers in 2007, I was sitting on a beach in Mexico and my next idea hit me. (My husband may never take me on vacation again.)
The new book is about global entrepreneurship. What I don’t mean by that is globalization or social entrepreneurship. It’s the story of real, ambitious, risk-taking entrepreneurs in emerging markets around the world who are taking advantage of the turmoil all around them to build huge businesses, the Western venture capital money that’s trying to invest in them, and the cultural chasm the two are, so far, having a hard time crossing. To tell this story right, I’m going to spend between 30-40 weeks on the ground in Israel, China, India, Africa and Mexico/South America over the next year and a half. If you follow me on Twitter, you know I've actually already started. It works out to roughly 2-3 weeks at a time overseas, followed by 2-3 weeks here, and a few months with no travel here and there for sanity. My publisher is John Wiley & Sons and, yes, I was border-line insane to try to sell a book in this market. Huge thanks to them for believing in the project so much, and my agent, Daniel Greenberg, for pulling off the impossible once again.
I’ll still keep a foot firmly planted in Silicon Valley—after all, it’s an integral part of this story, too. And I’ll still write my Valley Girl column for BusinessWeek and do three-to-four interviews per month plus my daily Valley Buzz post for TechTicker. I’ll also still appear on NBC’s Press:Here during the weeks that I’m in town.
So, to sum up, we've got a column, I'm hosting one show, commuting an hour to be a regular guest on another and traveling around the world to write a book…is that enough to keep me busy? Hardly. That’s why I’m also announcing that I’ll have an ongoing gig with TechCrunch. Actually, Michael Arrington already did. Given my other responsibilities, I won't be there everyday, but I’ll be writing two-to-five posts per week, likely a lot on the weekends, a lot on airplanes and a lot from the road. You're better off sending announcements about your latest product launch wherever it is you send them now, because I’ll be focusing on analysis of the business of Silicon Valley, emerging markets and the collision between them.
While I've been working on pulling the book together for more than a year, no one is more surprised than I am at the TechCrunch announcement. You should have seen the Cheshire cat "I won" grin on Michael Arrington's face when we finished negotiating it all. He and I have had an ongoing Abbot-and-Costello routine about how I'd never write there because I was too busy and liked writing on this site too much.
But when I filled in for him in February, my thoughts changed. Trolls aside, I was blown away by the level of engagement and love for that blog among entrepreneurs around the world. It's not just a blog about Silicon Valley and Web 2.0. Subscribing to newspapers or business magazines doesn't really mean you read them. (Ask the tall plastic-wrapped stack in my hallway.) But TechCrunch readers read every single thing on that site, chew it up, digest it, spit it out and talk to their friends about it. It seemed the perfect place to write about what I was seeing on the road as the book unfolds, because I'm well aware I can't write this book alone. It needs a community. After all, a world of entrepreneurs is a pretty big topic.
I'm not killing SarahLacy.com. I'll be cross-posting my TechCrunch stuff here, linking to BusinessWeek and Yahoo stuff, and writing more personal posts about my experiences on the road as I travel. And yes, we'll have FlipCam footage.
I said in an interview late last year that my next book would be "stupidly ambitious" and I think I've delivered on that promise. I hope you enjoy the journey as much as I know I will.
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New Book
An unforgettable portrait of the emerging world's entrepreneurial dynamos Brilliant, Crazy, Cocky is the story about that top 1% of people who do more to change their worlds through greed and ambition than politicians, NGOs and nonprofits ever can. This new breed of self-starter is taking local turmoil and turning it into opportunities, making millions, creating thousands of jobs and changing the face of modern entrepreneurship at the same time. To tell this story, Lacy spent forty weeks traveling through Asia, South America and Africa hunting down the most impressive up-and-comers the developed world has never heard of....yet.
Buy it from these sellers
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Awesome news, even if we will have to consider you a competitor now :) Friendly competitor for sure. Congratulations on all of the above and good luck in your next endeavors!
Posted by: Marshall Kirkpatrick | March 20, 2009 at 02:16 PM
Sarah this is awesome news + wonderful book plans. Congrats.
Posted by: Leila Boujnane | March 20, 2009 at 02:25 PM
That's a very tough and busy editorial schedule. My hat's off to you if you can pull it off and not get burned out.
Posted by: Farhan Memon | March 20, 2009 at 02:29 PM
This is great news, really glad to hear that you've got a new book in the works and are writing for TC again. Woot!
Posted by: Sam Purtill | March 20, 2009 at 02:29 PM
The developing world is the most interesting place for new technology. For a while I've noticed that western products are actually trailing those elsewhere (microfinance, mobile payments, netbooks even). There is the opportunity for them to skip a whole swathe of intermediate technology for example Africa bypassing fixed line and going straight to mobile.
You should take a look at Dahabshiil.com which is a Somali owned money transfer service. It's what I use to get money to my relatives in Somalia, it was built up during a civil war in a country without any government yet it thrives which makes it doubly amazing in my book. It's actually cheaper and faster than Western Union. And it is not the only example. If you know where to look there are loads of great stories and you'll have the tech angle to yourself.
Posted by: Robleh | March 20, 2009 at 02:32 PM
Congratulations, Sarah. So much exciting stuff going on for you. Have fun with it and we'll look forward to following along...
Posted by: Molly Holtman | March 20, 2009 at 02:39 PM
Great to hear, Sarah! It sounds grueling, but I know you're up to the task! I look forward to your posts on TC and the new book. Promise me you'll sign it when I come visit!
Posted by: Sean Stoner | March 20, 2009 at 02:47 PM
Congrats on all the exciting news. Please keep posting / cross-posting here. I've enjoyed following your analysis in one place.
Best,
Mark
Posted by: Mark Simmons | March 20, 2009 at 02:52 PM
If I were your husband, I wouldn't be very happy. He won't get to see you that much. But being a follower, this all sounds great!
Posted by: jose del moral | March 20, 2009 at 02:58 PM
Wow. Great news. I'm sure you'll be super busy but cheers to all the successes. I bet you'll enjoy all the traveling. Kudos!
Posted by: Glenn Gutierrez | March 20, 2009 at 03:02 PM
That is great news. Now if you and your team would only bring back The Morning Don't, everything would be perfect.
Posted by: Lawrence Krubner | March 20, 2009 at 04:10 PM
Congrats! I look forward to reading your posts!
Posted by: nick | March 20, 2009 at 10:11 PM
Very exciting Sarah - can't wait. Good luck on your adventure with this one.
Posted by: Adam Singer | March 21, 2009 at 04:46 AM
Congratulations, this is amazing news! Your journey is compelling as it is inspirational. All the best you you!
Cheers
Posted by: Kevin Bourke | March 21, 2009 at 05:29 AM
thanks for the tip! (and comment as always!)
Posted by: sarah lacy | March 21, 2009 at 06:57 AM
he's amazingly supportive but i have to say this one was tough for even him to swallow! but he knows how passionate i am about the topic, and we chat on skype twice a day when i travel. it's only 18 months, right?
Posted by: sarah lacy | March 21, 2009 at 06:59 AM
we are bringing it back!! i have two on the flipcam i just haven't edited them! i'll crack the whip a bit more ;)
Posted by: sarah lacy | March 21, 2009 at 06:59 AM
love, love, love the book idea and I can't wait to follow your progress here! Congratulations on everything -- your energy and passion has definitely had an influence on me this year, so much so that I'm starting to plan a few exciting things for myself!
Posted by: katherine morgan | March 22, 2009 at 10:50 AM
Hi Sarah, on your way to China, you should definitely check out Korea, one of the most vibrant, fast-paced, and entrepreneurial countries in the Asia. If you are interested, ping me.
Posted by: Chang | March 22, 2009 at 11:17 PM
i keep going back and forth on korea! right now it's not on the calendar but i'm trying to fix that. i'll ping you if i do!
Posted by: sarah lacy | March 22, 2009 at 11:23 PM
For the swashbuckling brash China entrepreneur type I think the classic would be Jack Ma at Alibaba. I'm sure he's on your list already. I doubt you need my help, but can help setup a meeting if you need it.
Posted by: Stephen Liu | April 24, 2009 at 12:12 PM
Welcome to China!
Posted by: 布里斯班 | April 24, 2009 at 09:43 PM
I give the marriage 12 months.
Posted by: Gore Vidal | June 06, 2009 at 08:58 AM