All posts tagged acsendo

  • Observations on Latin American startups

    tropicalgringo-startups

    In this post, I’d like to give my general impressions on the state of startups in Latin America.  There are much more thorough posts on the subject such as those from the impressive Omar Tellez on Techcrunch.  Also, as usual, Conrad Egusa, CEO of Publicize, has published incredibly thorough and well-written reviews of the startup ecosystems in Mexico, Chile and Colombia.  Federico Antoni wrote a comprehensive article on the exciting Fintech space in Mexico.  Nonetheless, I’m going to offer a more general impression of the state of startups with personal opinions and points of view.  I name some startups below, but am missing some important names so I ask that you include the names that I’ve missed in the comments section.

    A little more about my particular point of view. I was born and raised in the US.  Although I grew up in Pennsylvania, I lived in Silicon Valley for five years and worked at startups such as Santa Cruz Operation (Santa Cruz) and NetManage (Cupertino).  I, also, wrote and edited articles for InfoWorld Magazine (Menlo Park).  Nonetheless, my parents were from Colombia, South America and the “adventurer” in me drove me to check out the expat lifestyle and move down here.  It’s been great and I am eternally grateful for finding the woman of my dreams (from Cartagena) and being blessed with two wonderful children.
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  • Transformación de negocios crea inmensas oportunidades con algunas nubes

    oportunidades-digitales-nubes-negras

    Hace unos diez años, escribí un post en mi primer blog donde describía la inmensa oportunidad dentro del mundo digital.  Escribí ese post con la intención de despertar a personas talentosas en America Latina a todas las oportunidades que yo veia en el mundo digital.  Esto tuvo efecto en un colega y amigo de Guatemala quien me dijo que ese post lo impulso a meterse en un mundo digital donde, hoy en día, es un gran líder.  Esa experiencia me dio una gran satisfacción y, ya que veo una oportunidad aun mas grande hoy en día, llego el momento de otro post en la misma categoría.

    La tecnologia digital comenzó hace medio siglo con el primer computador (el ENIAC).  Estos computadores requerían todo una habitación por lo grande. Sus primeros clientes fueron los gobiernos, luego las corporaciones, las mediana empresas y luego las personas durante la era de la computación personal. La explosion de maquinas procesadoras de información (incluyendo teléfonos inteligentes) y el Internet ha creado un mundo donde las ventajas de economías de escala y la acumulación de activos físicos ya no forman barreras competitivas como antes.

    Hoy en dia, compañías como AirBnB, Uber, Amazon, Apple, Google (o Alphabet), Facebook, etc. han acumulado ventajas competitivas principalmente por su software, sus culturas corporativas (no siempre benignas para la humanidad) y su agilidad (innovación, capacidad de reacción, etc.).  Sin embargo, hemos llegado a un punto de inflexión muy interesante (y asustador). Por ejemplo, recientemente salió la nueva lista de las cinco compañías mas grandes y estas incluían dos compañías de medios, una de venta al detal, una de electrodomésticos y una de software.  Lo que todas tienen en común es que todas son tradicionalmente vistas como empresas de tecnología. Estas son Alphabet y Facebook (medios), Amazon (venta al detal), Apple (electrodomésticos) y Microsoft (software).  Para ser honesto, ninguna encaja 100% en una categoría ya que, por ejemplo, Amazon tiene negocios como Amazon Web Service y su nueva iniciativa con Echo y Alexa que, en mi opinion, son “game changers.”

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  • My favorite Colombian startups!

    1DOC3 Facebook F8

    I’ve titled this post “my favorite Colombian startups” though, I must say, this is not an objective moniker since I am also an advisor to these companies and their CEO’s.  That said, they are my favorite Colombian startups and it’s an honor to be a small part of their future success.  As  you’ll read below, I’m incredibly excited about their current successes (see photo of Mark Zuckerberg talking about 1Doc3 during F8 2016) and those to come.

    There is something that I find so impressive about founders in general and, particularly, those that I advise.  It’s the fact that they’ve been able to build growing businesses (something I haven’t been able to do myself), but are also open to listening to advice.  This opens them up to new points of view and, in my opinion, increases their chances of building an even bigger company.  My advisory sessions can be racked up to an occasional evening phone call, which takes very little time each month, this activity is incredibly rewarding for me.

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  • TropicalGringo Portfolio Update 2015

    TropicalGringo Portfolio 2015

    Well it’s the end of the year and it probably makes sense to talk about the last year.  So as not to be so broad, I decided to focus on the companies that I advise.  I am an advisor to and shareholder in five startups.  I, presumptuously, call this group of companies, my “portfolio.”  Obviously, I’m bullish on each and every one of them.  Fortunately, all five have plenty of runway (funds) left for the foreseeable future and I expect them to continue increasing in value.

    One of the startups (Magnolia) is based out of Peru (although it is regional) and the others are headquartered in Colombia.  Some of these companies are much more well-known and several have already gone on to close a seed round.  When I began working with them, they either only consisted of the founders (Tappsi and Kiwi) or only had a few people working for them (1Doc3, Acsendo and Magnolia).  Identifying talent (especially in startup founders) early on is a very difficult thing to do and, in Latin America, it’s even tougher.

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