Ep 16 Santiago Zavala, Investing in Latin American Startups

santiago zavala - investing in Latin America through startups

Investing in Latin American startups is not the first thing that was on Santiago Zavala’s radar growing up. Even though he grew up in a home where his father was working in tech from the early days of the internet, Santiago wasn’t drawn to the finance side of business at that point. He was totally into programming. He’d have been the last person to anticipate what would happen in his life.

This conversation tells of the unexpected path of a man who’s become intricately involved in the VC scene for startups in Latin America. His involvement in his own Mexico-based startup accelerator and then transitioning into running 500 Startups in Mexico has given him a wealth of experience and insight into what it takes for a startup in Latin America to be successful. It’s an intriguing conversation you won’t want to miss.

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Doing Business in Mexico: A Look at the Opportunities & Challenges

Mexico’s business opportunities rival those of any other emerging economy in the world. Despite a complicated history with violence and corruption, the country is starting to transform its negative reputation into new opportunities. New initiatives, especially to boost Mexican innovation, and an ever-expanding middle class with disposable income have given way to a new era of business opportunities for residents and foreigners alike.

To attract new investment, the Mexican government is making significant improvements to its infrastructure to compete globally in sectors like telecommunications and transportation. According to a recent PWC report , Mexico will become the 7th largest economy in the world by 2050.

But, to understand how Mexico will get there, it’s important to understand Mexico’s history and some factors that led it to become what it is today. Continue reading…