I’m excited to introduce the Crossing Borders podcast (iTunes, Stitcher) where I share the stories of top entrepreneurs doing startups across borders and the investors who support them, with a focus on companies that have some relationship to Latin America.
Over the past 6+ years in Latin America, I’ve met entrepreneurs hailing from countries around the world doing business across borders. Some do business in Latin America. Others use Latin America as a base to target the US market.
They’re some of the most diverse, risk taking, trailblazing entrepreneurs in the world. But when I come back to the US, Latin American startups just aren’t on people’s radars.
They’re mostly stuck on stereotypes of corruption, narcos and failed states. They see Latin America as a monolith and couldn’t tell you the difference between Mexican, Chilean and Argentine food, much less the difference between each country’s business climate.
As Magma portfolio companies started to do business in the US and meet with US investors, they came across this same ignorance of Latin America and its entrepreneurs. US entrepreneurs and investors have slept on Latin America and are missing out on some of the most interesting entrepreneurs in the world. And some of the best stories. (more…)
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 American.
Today’s guest is Nicolas Shea, a Chilean entrepreneur, philanthropist and now a presidential candidate running for Chile’s presidency.
Nicolas has been a teacher, started nonprofits, worked in government and built businesses that have expanded across Latin America. He cofounded eclass, one of Latin America’s largest education companies, and was the cofounder of Start-Up Chile, an innovative program that gave foreign entrepreneurs visas and equity free grants to move to chile, kickstarting the Chilean entrepreneurial ecosystem. It’s also where I met Nicolas almost seven years ago.
After Start-Up Chile, he cofounded Cumplo, a peer to peer lending platform that helps businesses access credit more quickly and at better rates than the traditional banking system does. Cumplo has now helped 800+ businesses with more than $200M in loans.
Subsequently Nicolas took a step back from Cumplo to cofound Todos, a Chilean citizen powered political party, and is now currently running for Chile’s President.
So lets get started and jump right in!
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.