The document discusses outsourcing the design and development of software products. It notes that while outsourcing provides financial benefits from offshore labor, there are also pitfalls to consider such as vendor failure or IP theft. The presentation recommends finding a single, established US-based vendor and treating the outsourced team as part of your internal team to avoid issues. It suggests outsourcing areas like prototyping, maintenance and testing while keeping critical IP development within countries that protect US IP.