Carlos Bhola talks about Innovation in the business environment. He first wonders about how many people have met a Great Innovator and what innovation is. He continues talking about Innovation & Technology and Business Model Innovation. He brings in contrasts to innovation by describing Big Company versus Small Company Innovation, New countries versus Old Countries Innovating and Power of many versus the power of one: Open Source Innovation. He brings in the future of Innovation: TV, Mobiles, and Location based services.

Carlos Bhola is Managing Partner of Celsius Capital, a technology, media and telecommunications (TMT) investment firm focused on China and the U.S. Previously, Carlos was Managing Partner and Co-Founder of 2b Holdings, an investment and advisory services concern. 2b's accomplishments include funding and advising EachNet, China's leading e-commerce concern (purchased by eBay in 2003); and co-founding Vonage, the leading U.S. consumer Voice over IP (VoIP) company. Prior to co-founding 2b, Carlos was the Global Head of Internet/Electronic Commerce investment banking at Credit Suisse First Boston. Prior to joining CSFB, Carlos led Internet/Electronic Commerce and High Technology initiatives at The Boston Consulting Group for Fortune Global 500 firms in the telecommunications, technology, healthcare and consumer goods industries. Previous positions include Director of the Corporate Venture Capital ("New Ventures") Group at Digital Equipment Corporation, and Co-Founder and Head of Engineering at ETI, a software concern. Carlos’ most recent academic accomplishment was his pioneering post-graduate research in artificial intelligence at Carnegie Mellon University.