Welcome to Crossing Borders with Nathan Lustig, where I interview entrepreneurs doing startups across borders and the investors who support them, with a focus on companies that have some relationship to Latin America. This is the first episode of what will be a weekly podcast.
My first guest is David Lloyd, cofounder and CEO of The Intern Group, an education company that has helped more than 5000 students from more than 125 countries around the world find top internships abroad.
We’ll talk about how David left his job at a city of London investment bank to start The Intern Group, how he came up with the idea, started the ball rolling, and his journey to build The Intern Group into a global powerhouse with more than 30,000 applications for the Intern Group Program and more than 2,000 participants in 2016.
We’ll also cover the strategies his team uses to work globally from offices in 12 different countries around the world and some of the advantages of running a global business with operations in Latin America.
David and I first met back in 2011 on the soccer field in Santiago, Chile and have been great friends ever since. I really enjoyed our conversation and hope you will to.
If you liked this podcast, please subscribe and leave a review on iTunes or Stitcher and check out the first five episodes with other top entrepreneurs doing business in Latin America.
Social Atom Ventures – A $30m investment fund with offices in Medellin and Bogota. They invest into early stage companies that have their technology team in Latin America, but whose target market is the US. We’ve done two co-investments with them.
Torrenegra Labs – Accelerator and early stage investor based in Bogota. 20 investments. 5 exits.
I’m excited to welcome Mónica Ávila Forero to Magma to lead our Colombia team. Mónica, based in Bogota, has worked in the entrepreneurial ecosystem from all sides for the past 15 years: she’s started her own startups, worked with Ventures, a private NGO to build the Colombia ecosystem, and has worked closely with and mentored Colombia entrepreneurs, helping them figure out their business models, connect with potential investors and scale their businesses. I’m really excited to work with Mónica to help entrepreneurs in the Colombian market!