The One Dollar Smart Phone -- Theo Cosmora, CEO of SocialEco




Barefoot Innovation Podcast show

Summary: Theo notes that four billion people can’t afford smartphones; that this is potentially the world’s most valuable market in the world, worth $5 trillion; and that people spend an average of three hours a day using phones if they have them. That means that connecting everyone to smart phones will connect them, both horizontally and vertically, into every dimension of the larger economy and culture.