Being the diligent investigative journalists that we are here at AndesBeat, we spent hours doing independent research for today’ s post about Chile’s up-and-coming picture messaging app, Pictual.
…By “independent research” I mean: I couldn’t tear myself away from my desk where I spent an hour inserting every phrase that crossed my mind into the app to see what groovy graphics resulted. Below I bequeath you with the fruits of my investigative research for your viewing pleasure. Continue reading
This article, originally posted on February 15, 2014 on Emol.com, has been translated from Spanish to English for AndesBeat readers. To read the original version, click here.
Babytuto subscribers grew from 10,000 in August of 2013, to more than 50,000 of January of this year. They hope to reach 200,000 by the end of 2014. Continue reading
The following is a post from MindScore’s blog that has been translated from Spanish to English. The original post, shared on February 17 2014, can be read here. See our previous posts covering MindScore on AndesBeat here.
Without a doubt, this is one of the most sorrowful moments for our team, as we have decided to “draw the curtain” on our first project together.
Several decisions have led to the above, which are detailed in this and this post. It is probably not the best moment for this tool/platform; perhaps the business model is not validated or as a team we are not mature enough. Whatever the case, we feel assured that we made the decision conscientiously and earnestly.
The following is an article from Digitantes posted on February 7, 2014 that has been translated from Spanish to English. Read the original version here.
This week, 28 startups presented their pitches at 500 Startups Demo Day, after passing through an acceleration process of almost 4 months in the heart of Silicon Valley.
During the program, these entrepreneurs have access to mentors and experts in different industries and disciplines. The program’s primary focus is improving the startups’ models of distribution, monetization, and design.
Startups from more than 10 countries, including Colombia, Brazil, and of course Mexico, had the opportunity to present their pitch in 3 minutes in front of investors and investment funds. The objective: proving to be an attractive investment opportunity.
Here is the list of Latin American startups that were present.
On January 22, 2014, PulsoSocial published an article highlighting Nazca Venture’s latest investment picks: Cranberry Chic and eGlam & Ropit. Read the full article here.
Nazca Ventures made its seed capital debut in December 2013 by leading a $1.3 round for the freelance job marketplace, Nubelo. This January it made its second and third investment selections in:
1) Cranberry Chic, an exclusive social network and e-commerce platform that allows fashionistas to share their styles, save lists of clothing items and accessories they have or want, purchase new items
2) eGlam & Ropit, a platform that allows end-to-end e-commerce services for fashion brands and sports teams.
As Emily Stewart, PulsoSocial journalist notes: “Nazca Ventures is clearly placing its bets on fashion e-commerce, though neither of its most recent picks are going the most traditional routes in their strategies.”
The following is an article from PulsoSocial that has been translated from Spanish to English. The original article, posted on January 29, 2014, can be read here.
The banking and finance sector of Latin America knows well the potential that start-ups have as a source of innovation in terms of New Digital Banking. Therefore, everyday we see more initiatives in the region that aim to integrate innovative start-up solutions with traditional banking.
Here we discuss Digital Bank LATAM, a banking innovation meet-up in Latin America organized by eBanking News, which touched down for the first time last year in Santiago, Chile, in which 23 startups presented their banking solutions. This year, Digital Bank LATAM 2014 will land in Bogota on May 14 2014, with the aim of revolutionizing the banking sector of Columbia.
The following is an article translated from Spanish to English from Asociación de Emprendedores de Chile (The Association of Chilean Entrepreneurs). The original article, published Jan 28, 2014, can be read here.
The current President of the United States, Barack Obama, issued a creative call to his supporters to finance the electoral campaign that brought him to re-election. While in North America donations to political parties are very common, Obama always showed interest in new platforms and technologies. This was how Crowdfunding came to be: a collective financing alternative that seeks to support a creative project through personal donations.
The method is used for the benefit for both parties because, on the one side, we have entrepreneurs that can meet their goals through donated proceeds, while on the other side, we find those who invest, who issue donations in exchange for various rewards.
One of the advantages of crowdfunding is that it democratizes access to capital for development of entrepreneurship. In addition, it manages to give publicity to projects that in the majority of cases would only remain an idea.
An insightful Huffington Post article entitled, “Why Silicon Valley Should Write Chile a Much Deserved Thank You Note” piqued the attention of our AndesBeat team recently. Read the full article here.
In the article, Patrick McGinnis, a New York-based investor and entrepreneur, insightfully remarks on what we here in Chile have known all along: That US entrepreneurs have derived significant benefits from the world-renowned Start-Up Chile accelerator program. In his article, Patrick notes that: “For businesses with global ambitions, Chile serves as a low-costs laboratory where a team can test and refine its value proposition.” Continue reading
The world’s largest domain name registrar and Web hosting provider has now landed in Latin America. GoDaddy, a company that describes itself as “nearly as old as the Internet itself,” was born with the goal to “help people easily start, confidently grow, and successfully run their own ventures.” Its recent expansion into Latin America is grabbing headlines.
Entrepreneur.com reports that GoDaddy has “launched its entire suite of products in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela”.
WebProNews asserts that GoDaddy’s localization of tools into Spanish and Portuguese means that Latin American small business owners “can now purchase a domain name and build a Web site through GoDaddy without having to learn another language”.
Company Achieves 50% Growth in Last Six Months and Expands Executive Team
SAN FRANCISCO, CA – Prezi, the zooming presentation software, announced today record growth and new capabilities to help business professionals land new clients, sell products and share ideas in a more memorable and engaging way. More than 30 million people across the globe are using Prezi. This growth represents a 50 percent increase over the last six months with more than 1.5 million new people joining the Prezi community every month. In Chile, the company has achieved 70% growth in the last six months.
“We are no longer in an era where one company controls the productivity market. People now have more tools than ever before to make them more effective at work,” said Peter Arvai, CEO and co-founder of Prezi. “Prezi adds value by helping people express their ideas in a more creative and strategic way.”