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Andrea Campos es una emprendedora mexicana que, sin duda, está haciendo un cambio en el ámbito de la salud mental. Es fundadora y CEO de Yana, la aplicación líder de salud mental en Latinoamérica, donde, por medio de una app con Inteligencia Artificial, brindan un espacio en el que los usuarios pueden desahogarse, reflexionar o simplemente platicar sin juicios y con receptividad. Su modelo está basado en la terapia cognitivo-conductual y han logrado impactar a más de 12 millones de personas con 2.5 mil millones de conversaciones realizadas. Han levantado capital de fondos como HiVentures (antes ALLVP), 500 Startups, Magma y Alter Global. Recientemente, han sido nombrados como una de las 30 promesas de los negocios por Forbes. Sin duda, Andrea es una emprendedora apasionada por resolver problemas que ella misma vivió.
En este episodio fascinante, acompaña a María Fernanda González Principal de ALLVP en su viaje de transformación empresarial que la llevó desde el mundo convencional de las finanzas corporativas hasta el vibrante ecosistema de las startups. Descubre las lecciones valiosas que aprendió mientras navegaba por el cambio constante, rompía moldes y se reinventaba en el proceso. Desde Platzi hasta ALLVP comparte sus experiencias íntimas y reflexiones sobre la adaptabilidad, la humildad y la creatividad necesarias para triunfar en el emocionante mundo de la inversión en tecnología. ¡Prepárate para sumergirte en una historia inspiradora de cambio y éxito empresarial! --- Send in a voice message: https://podcasters.spotify.com/pod/show/epicqueen/message
"En el momento más bajo, tuve que tomar una decisión difícil. Y esta me tomó mucho tiempo porque nunca creí que tenía que hacerlo. Siempre pensaba que el próximo mes lo lograríamos, un error común para los emprendedores. Obtuvimos recursos, pero todo fue para mantener un negocio moribundo, engañándonos a nosotros mismos y posiblemente engañando a mis inversionistas."- Jimena Pardo (
It's summertime 2023, and just like you and your family are taking some holiday time off to travel, lay by the pool or hangout at the beach, we've decided to give our team a short Summer Break for the next few weeks too. But since we know you're still listening, we thought we'd re-share three terrific episodes in July, on the 3 hottest topics which Rob gets asked about most often in our work at GrowthHax. Storytelling, Venture Capital and Mental Health & Wellness. Today, we drop in with “Venture Capital”, a topic that every entrepreneur, investor obsess over no matter what time of year it is, taught to us by Federico Antoni, one of the Old Guard original Venture Capital Investors in Mexico and Latin America, which originally aired in Episode 34, on May 2, 2022. So sit back, open a cold drink, put on that sunscreen and enjoy a masterclass refresher in Venture Capital. In this episode, recorded in the Fall of 2021, Rob and Ileana are joined by one of the OG Latino American and Mexican Venture Investors, Federico Antoni, founding partner at ALLVP. He has been a leading catalyst and passionate advocate for the entrepreneurial economies of the region for the last 10+ years and joined our show to share his unique perspectives gained over those years when there were very few peers alongside him. If there were a theme of this episode with Fede though, it was not about Fede at all, it was all about "the people, the people, the people." He joins Ileana and Rob to discuss some of the best and brightest young founders in the region. He shares his unique perspective on how the region has arrived at this moment, and what will be required to thrive, as both founders and investors, in the coming years. In 2012, Federico founded (ALLVP), the first institutional early-stage venture capital fund in the Mexico. Federico has successfully raised two Funds focused on Seed, Series A, and Series B investments. His team has overseen 25 investments to-date, with some of the most reputable and leading companies in the region, across four sectors: FinTech, Digital Consumer, Healthcare, and Smart Cities. Federico, who is a husband and proud father, is a frequent TechCrunch contributor, is also an Entrepreneurship and Management Lecturer at the Stanford Graduate School of Business, where he received his MBA in 2004. He also holds both bachelor's and master's degrees in Applied Economics from Paris Dauphine. Feel free to follow and engage with FEDERICO here: Twitter: https://twitter.com/federicoantoni Linkedin: https://www.linkedin.com/in/mantoni Website: https://www.allvp.com We're so grateful to you, our growing audience of entrepreneurs, investors, builders, influencers and those interested in the entrepreneurial economies of Latin America and the under-represented entrepreneurial communities in the USA! Plug in, relax and enjoy some Spanish, English and a fun dose of spanglish as always. We're here to help inspire, educate and empower you, so that you can build the future! ¡Salud y gracias!, Mentors Today's Team --- Send in a voice message: https://podcasters.spotify.com/pod/show/mentorstoday/message
Jimena Pardo, socia directora de ALLVP, habla en entrevista sobre la formal en que ayudan a las startup a implementar nuevas tecnologías como la inteligencia artificial a sus negocios de manera responsable.See omnystudio.com/listener for privacy information.
Federico Antoni Twitter: @federicoantoni es Managing Partner del fondo de capital de riesgo ALLVP y profesor en la escuela de negocios de la Universidad de Stanford. Incluso antes de fundar ALLVP en 2012, Federico fue uno de los primeros pioneros de la industria de capital de riesgo en América Latina a través de la enseñanza y el inicio de una aceleradora. Hasta el momento, ha recaudado 4 fondos centrados en la financiación en etapa inicial en FinTech, el futuro del comercio y la Inteligencia Artificial.Por favor ayúdame y sigue Cracks Podcast en YouTube aquí."La pasión es una ventaja competitiva al emprender. Cuando las cosas se ponen difíciles, nada le gana a una motivación auténtica para seguir trabajando."- Federico Antoni @federicoantoniComparte esta frase en TwitterEste episodio es presentado por Terapify, la plataforma de terapia psicológica en línea líder en América Latina y por Havoc la marca de ropa de hombre hecha a la medida que te regala 25% en tu primera compra.Antes de ALLVP Federico fue CEO del minorista mexicano Edoardos y lanzó 3 nuevas líneas productos en la trasnacional de belleza L'Oréal.Como emprendedor, Federico fundó Fondeadora, la plataforma de crowdfunding más grande de América Latina en ese momento, que fue adquirida por Kickstarter en 2015.Desde 2008 Federico ha sido profesor de emprendimiento en el ITAM, cuenta con una maestría en negocios por la Universidad de Stanford y es mentor de Kauffman Fellows.Hoy Federico y yo hablamos del proceso de quebrar una empresa, de invertir en Cornershop, de superar tormentas reputacionales y de cómo la inteligencia artificial cambiará la cara del emprendimiento.Qué puedes aprender hoyCómo saber cuando tirar la toalla Máximas reglas de un inversionistaCómo funciona un VC exitosoEl uso de AI en la vida cotidianaSmart y dumb money Este episodio es presentado por Havoc.Havoc es la marca mexicana de ropa de hombre líder en trajes y camisas a la medida en México. Con 22 showrooms en 8 estados, sus asesores de imagen te recomiendan el mejor outfit, con una personalización increíble y un fit perfecto.Lo mejor es que una vez que compras por primera vez, puedes seguir comprando online ya con tus medidas guardadas en tu perfil.Yo estoy feliz con mi ropa nueva y para ti que escuchas Cracks Podcast Havoc te regala 25% de descuento en tu primera compra al entrar a www.havoc.mx/cracks. *Este episodio es presentado por Terapify, la plataforma de terapia psicológica en línea líder en América Latina.Terapify es un espacio seguro donde puedes encontrar más de 500 psicólogos de confianza y otras herramientas para recuperar la estabilidad emocional que necesitas para rendir al máximo en tu vida diaria.Con Terapify puedes acceder a terapia en línea vía web o app para sanar heridas, soltar patrones y aprender nuevas herramientas para enfrentar los retos de la vida, sin importar en qué país te encuentres.Para ti que escuchas Cracks, Terapify te regala 80% de descuento en tu primera sesión de terapia visitando el link cracks.la/terapify.*Notas del episodio: https://cracks.la/231 Youtube:
In this week's Espresso, we cover investment updates from Kiwi, ALLVP, Huli, and TuhabiOUTLINE OF THIS EPISODE:[00:28] – Kiwi raises $4.5M in pre-series A funding round.[00:41] – ALLVP announces new $150M fund for AI startups.[00:53] – Huli secures $5.5M pre-series A round led by Carao Ventures. [01:06] – Tuhabi secures a $50M credit line to increase operations in Mexico. [01:19] – Featured article: Beyond the resume: How to hire for soft skills in Latin America's Tech industryRESOURCES & PEOPLE MENTIONED:Startups: Kiwi, Huli, TuhabiVCs and Investors: ALLVP
Federico Antoni, socio director de ALLVP, un fondo de inversión para emprendedores que están cambiando las industrias, destacó que el principal objetivo que tienen es impulsar las nuevas tecnologías y la inteligencia artificial.See omnystudio.com/listener for privacy information.
En el episodio de hoy tenemos como invitada a Jimena Pardo, Partner en ALLVP, uno de los fondos de Venture Capital más activo de Serie A en América Latina. A la fecha han invertido en más de 35 innovadoras y exitosas compañías, por ejemplo en Cornershop. Además, Jimena ha sido emprendedora, como Co-Founder y CEO de Carrot Carsharing, el primer sistema de carsharing de México.En este episodio, Jimena nos ha compartido su perspectiva del ecosistema de startups de LatAm para este 2023 junto con consejos para que las startups puedan navegar lo mejor posible dicha coyuntura.Enlaces de interés
0:00 - Intro5:21 - Resultados Nubank18:48 - Update y novedades en fundraising Startups29:14 - Fundraising de fondos35:13 - ¿Los fondos quiebran? 45:19 - Modelo de negocio de un VC45:20 - Al reemplazara a los VCs? 51:17 - El valor de la confianza al invertir57:46 - Reporte ALLVP sobre oportunidades en 20231:03:11 - La extinción del efectivo en Latam 1:08:09 - La nueva ola de cierres, ventas y fusiones en Latam 1:20:35 - Lo bueno de los happy hours-----Link a evento ALLVP & NFX en Bogotá (1 de Marzo de 2023)https://lu.ma/ALLVP_ColombiaLink a reporte de tendencias 2023 by ALLVP:https://docsend.com/view/isdbkqqchbk9mk4w-----Siguenos en Twitter: https://twitter.com/miguelmchttps://twitter.com/AnnaPinol_https://twitter.com/eldanihttps://twitter.com/federicoantoniSigue el podcast en Twitter:https://twitter.com/BetaPodLatamCréditos Música:Laguna Dream: https://on.soundcloud.com/CWHFLsiDBEdvtrdJ6
It takes an effort of titans to elevate the startup ecosystem in Latam. At Latitud, we know it's not possible to do it alone; that's why we partnered with Jeeves to help provide access to financial tools to help founders in the most critical stages of their startups.In today's episode, we will have an honest conversation with four great talents: Dileep from Jeeves, Antonia from ALLVP, Gabriel from a16z, and Jonathan from Investo. We will focus on demystifying fundraising for Latin American startups. There is a lot of good information here, and I am sure it will be helpful for everyone, especially considering the outlook for 2023. Hey, apply to be a fellow, open your startup or sign up for our newsletter.Follow us on Linkedin / Twitter / Instagram / Podcast.
Jimena (Pime) Pardo es una de las pioneras del ecosistema emprendedor de México. En 2011, Pime fundó Carrot, una aplicación de “car sharing” que buscaba solucionar los problemas de tráfico en las grandes ciudades de nuestro país al permitir a los usuarios rentar coches por tiempo o distancia para poderse mover de forma más flexible y “on demand”. Después de levantar $30M de dólares y operar el negocio durante más de 6 años, Pime decidió dejar Carrot en 2018 para dar un cambio radial a su carrera y unirse al equipo de Facebook como Growth Product Manager para Latino América. Hoy, Pime es Partner en ALLVP y es una de las inversionistas más activas en impulsar el emprendimiento de mujeres en México.
Federico Antoni had an extensive career in marketing, working for retail and e-commerce companies like Mercado Libre. But he found his calling in the venture capital world.Over a decade ago, Federico founded ALLVP, a Mexican venture capital fund focused on solving the hardest problems in Spanish-speaking Latin America. ALLVP now has a portfolio of over 40 startups. Their emblematic portfolio company is Cornershop, sold to Uber.Now, ALLVP's preparing its fourth fund, and Federico divides his time between ALLVP, boards of multiple startups, and lectures at Stanford.Today, Federico and I talk about:His leap from retail and teaching to the startup and venture capital segments, and what was the Mexican startup ecosystem like when ALLVP started;What gaps have been filled since then, and how the firm faces the macroeconomic uncertainty in Latin America as a feature, and not as a bug;What does ALLVP mean by team-market fit, its plans for a fourth fund, and Federico's view on the current market landscape and the development of a startup culture in Latin America.
"La clave para que la gente crezca profesionalmente más rápido es tirarla al abismo. Darle un reto más grande del que crees que es capaz de manejar. Eso más feedback construye a la gente muy rápido.”- Miguel McAllister (
This week's Espresso covers updates from Nubank, Bitso, Mono, and more!Outline of this episode:[00:28] - Minteo secures a $4.3 million seed funding round[01:03] - Interview with Humberto Pacheco, Naya Homes' cofounder, on their seed round[07:51] - Colombian fintech Mono launches Mono VC[08:20] - Interview with Stiven Rodríguez, Heru's cofounder, on their seed round[11:14] - Nubank leaves Brazil's stock market[11:42] - Bitso launches in Argentina the first crypto payments with QR codes in LatAm[12:04] - Global66 launches new Mastercard prepaid card[12:31] - Latamlist's featured articles[12:57] - New Crossing Borders episodeResources & people mentioned:Companies & Startups: Heru, Minteo, Naya Homes, Mono, Nubank, Bitso, Global66, Oxio.VCs, Accelerators, Institutions: Gradient Ventures, Magma Partners, QED, ALLVP.People: Humberto Pacheco, Stiven Rodríguez, Alejandra Cruz, Greg Mitchell, Meghan Stevenson-Krauz, Nathan Lustig, Nicolas Girard.
Hoy estoy con Federico Antoni de ALLVP, un fondo de capital de riesgo que empezó en 2012 y ha invertido en startups como Cornershop, Fintual, y muchos más.Fueron uno de los primeros fondos de venture capital en México. Hablamos del ecosistema en 2012, cómo fue levantar su primer fondo, cómo ha evolucionado su manera de ver el mundo de las inversiones, sobre todo después de su inversión semilla en Cornershop que le dejó muchos aprendizajes. También platicamos acerca de cómo ven la construcción de portafolio en ALLVP y porque las valuaciones no importan en etapa temprana. Donde quiera que estés no olvides dejarnos una reseña Libros mencionados:No Rules Rules - Reed HastingsThe Hard Thing About Hard Things - Ben Horowitz Sobre el invitado:Conecta con Federico en LinkedinALLVP | Website Follow Us:NewsletterEscribe una ReseñaEncuesta de AudienciaTikTokInstagramTwitterLinkedinWeb
Alejandro Zecler es el co-fundador y co-CEO de Mendel, la startup que simplifica el proceso de gastos, recuperación de facturas y reembolsos para las compañías. Al poco tiempo de haber salido al mercado, Alejandro y su equipo levantaron $35M de USD de inversionistas como Infinity Ventures y ALLVP, así como inversionistas ángel como Federico Ranero (COO de KAVAK) y Pedro Arnt (CFO de Mercado Libre) Alejandro nos platica su trayectoria como emprendedor, desde la venta de Zetec hasta el lanzamiento de Mendel, su paso por YCombinator y comparte sus best practices para ventas B2B.
Jimena Pardo started her startup journey after having a chat with the venture capital fund ALLVP. The Mexican venture capital fund focused on solving the hardest problems in Spanish-speaking Latin America and eventually wrote a check for Jimena's car-sharing startup.Ten years later, Jimena is on the other side of the table. After also spending some years as a product manager at Facebook, she became ALLVP's newest partner. Jimena joins a fund that manages more than US$ 350 million and has a portfolio of over 40 startups. Their emblematic portfolio company is Cornershop, sold to Uber.Today, Jimena and I talk about:What the Mexican ecosystem for startups was like a decade ago, and how it has evolved;Her journey as a founder and a tech executive, and how that made her a better investor;ALLVP's current thesis, its plans for the following years, and its view on the current investment climate and on the opportunities for LatAm startupsSet up an international corporate structure accepted by international investors with Latitud Go.
Helena Polyblank es cofundadora y Chief Product Officer de Mendel, una plataforma de tarjeta física y virtual que ofrece a compañías la digitalización inmediata de sus gastos corporativos. Helena es ingeniera industrial por el Instituto Tecnológico de Buenos Aires y cuenta con un Executive MBA por la IAE Business School en Argentina. Comenzó su carrera trabajando con Mercado Libre en el área de producto y fintech buscando soluciones para el mercado de LATAM, después trabajó en Naranja X buscando resolver el tema de la inclusión financiera en Argentina. Al unirse con amigos y colegas del sector financiero fundan Mendel, una empresa que busca a través de su plataforma y tarjeta de crédito corporativa empoderar a los trabajadores mientras las finanzas se mantienen bajo control. Cuentan con el apoyo de reconocidos inversores y fondos de inversión como ALLVP, Infinity Ventures y Better Tomorrow Ventures. Como CPO, Helena se encarga de diseñar y construir software enfocado en los medios de pagos para la gestión de los gastos y facturación del segmento enterprise en México. En este episodio hablamos sobre: - Tomar las oportunidades cuando se presentan - Formación de equipos diversos - La importancia de contar tu historia - Crecer con el propósito de la empresa - Cómo mantener el foco en lo importante ¡Si te gustó el episodio, no olvides evaluarlo!
Bienvenidos a esta edición especial de True Growth Podcast en la que presentamos el punto de vista de cuatro de los principales fondos de inversión de capital de riesgo de México sobre el estado actual del Venture Capital y qué podemos esperar para los siguientes 12 meses como resultado en el cambio en el ambiente económico a nivel global. El pasado Jueves 7 de Julio, celebramos el primer evento de True Growth Talks, un espacio para reunir al ecosistema de emprendedores e inversionistas en Latinoamérica para tocar temas de interés común y fomentar la colaboración entre todas las partes. Tuvimos un panel de lujo formado por Alejandro Diez Barroso (Managing Partner de DILA Capital), Jimena Pardo (Partner de ALLVP), Mariana Jiménez Segura (responsable del dealflow y portfolio manager de Amplifica Capital) y Daniel Santamarina (Partner en DUX Capital) — el tema a tocar fue “Qué esperar del Venture Capital en 2022” Los panelistas presentaron su punto de vista sobre el momento económico que vivimos a nivel global. Hablaron de las expectativas que tienen como inversionistas con respecto a los emprendedores, los factores en los que se fijan, la forma en la que deben enfrentar las startups los siguientes 12-18 meses y las expectativas que pueden tener los emprendedores ante el proceso de levantamiento de capital. Síguenos en https://www.linkedin.com/company/dna-growth-marketing/ (LinkedIn) y suscríbete a nuestro canal de https://www.youtube.com/channel/UC948lDRh9-rUpoFQ3A6EVzQ (YouTube) para estar al día con los siguientes eventos y programas.
In this episode, recorded in the Fall of 2021, Rob and Ileana are joined by one of the OG Latino American and Mexican Venture Investors, Federico Antoni, founding partner at ALLVP. He has been a leading catalyst and passionate advocate for the entrepreneurial economies of the region for the last 10+ years and joined our show to share his unique perspectives gained over those years when there were very few peers alongside him. If there were a theme of this episode with Fede though, it was not about Fede at all, it was all about "the people, the people, the people." He joins Ileana and Rob to discuss some of the best and brightest young founders in the region. He shares his unique perspective on how the region has arrived at this moment, and what will be required to thrive, as both founders and investors, in the coming years. In 2012, Federico founded (ALLVP), the first institutional early-stage venture capital fund in the Mexico. Federico has successfully raised two Funds focused on Seed, Series A, and Series B investments. His team has overseen 25 investments to-date, with some of the most reputable and leading companies in the region, across four sectors: FinTech, Digital Consumer, Healthcare, and Smart Cities. Federico, who is a husband and proud father, is a frequent TechCrunch contributor, is also an Entrepreneurship and Management Lecturer at the Stanford Graduate School of Business, where he received his MBA in 2004. He also holds both bachelor's and master's degrees in Applied Economics from Paris Dauphine. Feel free to follow and engage with Federico here: Twitter: https://twitter.com/federicoantoni Linkedin: https://www.linkedin.com/in/mantoni Website: https://www.allvp.com We're so grateful to you, our growing audience of entrepreneurs, investors, builders, influencers and those interested in the entrepreneurial economies of Latin America and the under-represented entrepreneurial communities in the USA! Plug in, relax and enjoy some Spanish, English and a fun dose of spanglish as always. We're here to help inspire, educate and empower you, so that you can build the future! ¡Salud y gracias!, Mentors Today's Team --- Send in a voice message: https://anchor.fm/mentorstoday/message
En este episodio de Entrepreneurship in Latam 101, invitamos a dos emprendedoras STEM y a una inversionista para conversar acerca de cómo levantar capital para una startup. En los últimos años, el acceso a capital en Latinoamérica ha cambiado drásticamente. Hoy en día y más que nunca hay abundante capital disponible, los inversionistas están arriesgandose más, y nuevos jugadores están llegando a la región.Sin embargo, lograr atraer inversiones es fundamental para que una compañía afiance su posición y crezca, pero suele ser un proceso en el que hay más dudas que certezas. En esta edición, conversamos con nuestras invitadas para que nos cuenten sus perspectivas sobre el levantamiento de capital. Nos comparten cómo conseguir inversionistas, cómo identificar el momento en que se necesita levantar capital, cómo puedo prepararme para una ronda de inversión, y mucho más.Nuestras tres invitadas son:Karen Serfaty: co-founder y CEO de Palabra, un conjunto de herramientas para apps que equipos de SaaS B2B utilizan para aumentar los ingresos. La startup ayuda a los equipos de producto a saber qué hacen los usuarios en sus aplicaciones, cuándo se atascan y les dan información para ayudarles a responder a preguntas que no sabían que tenían.Maricarmen Herrerías: COO y co-founder de Casai, una startup respaldada por a16z que está revolucionando la hostelería con sus apartamentos seleccionados por expertos. La empresa ofrece comodidades de primera clase a los viajeros de toda Latinoamérica, y el producto está especialmente diseñado para la llamada generación nómada: combinan el diseño y la comodidad con tecnología. Antonia Rojas: partner en ALLVP, un fondo de capital de riesgo basado en México. ALLVP invierte en empresas en etapas tempranas, especialmente en startups tecnológicas de cuatro sectores diferentes: fintech, desarrollo humano, y el futuro del comercio y las ciudades inteligentes. Al unirse a ALLVP en 2020, Antonia fue la mujer más joven en América Latina en convertirse en partner de capital riesgo.Esquema de este episodio:[00:00]-Introducción al episodio[00:00]-Introducción a las tres invitadas[00:00]-¿Cuándo es el momento de levantar capital?[00:00]-¿Cómo puedo conseguir inversionistas?[00:00]-¿Qué buscan los inversionistas?[00:00]-La importancia de un buen deck[00:00]-El proceso de levantar capital[00:00]-El momento adecuado[00:00]-Cómo mantener una relación con inversionistas.[00:00]-Recomendaciones finalesPersonas y recursos mencionados:Karen SerfatyMaricarmen HerreríasAntonia RojasPalabraCasaiALLVPEduardo HernandezAngel AndracaJosefina Dominguez IinoWeXchangeLatamlist MediaIDB LabAna Luisa AlbarranGyoung Joo ChoeJason CalacanisUberCalm RobinhoodThis Week in Startups podcastIncubadora LAUNCHCornershop AirbnbMonasheesKavakKaszekAndreesen Horowitz
Daniel Undurraga never thought he would sell even one Latin American company to a company in the US market, but with the recent US$225M acquisition of Cornershop, a grocery-delivery app he has officially sold two startups to US companies. His first startup, Needish, was the basis for Clan Descuento, a Chilean Groupon clone that was acquired by Groupon in 2010. Clandescuento's acquistion was before most people in Chile had heard of startups!Daniel is a lifelong entrepreneur with his share of failed projects, but ever since he and his business partner Oskar Hjertonsson found their niche in Latin American e-commerce, they've become an example for the whole ecosystem.I sat down with Daniel on this episode of Crossing Borders to talk about the Latin American startup ecosystem, living and working across borders, and advice for founders who are launching and scaling in Latin America. We also discuss the backstory behind Cornershop's decision to not raise capital in Chile and their experience raising money from funds across in Latin America.See yourself as a global company from the startDaniel Undurraga knows what it takes to scale a company from a small country like Chile to the rest of Latin America. Cornershop launched in Chile and Mexico simultaneously because the founders realized dominating only the Chilean market wouldn't create a company with scale. Rather than consolidating in their first market, then expanding, Cornershop took a global approach from the first day by creating processes that were “multi-currency, multi-language, and multi-time zone.”For startups just starting to consider scaling, Undurraga suggests incorporating outside your home country, such as in the US, UK or Cayman Islands. It can make expanding easier, plus make you act like a global startup from the beginning. Check out the rest of Daniel's tips for scaling in the Latin American market in this episode of Crossing Borders.You haven't sold the company until you sell the companyHaving already closed an acquisition from Groupon in 20010, Daniel knew how complicated selling Cornershop could be. The whole process took almost a year and they couldn't tell anyone about what was happening until they closed the deal.Find out how Daniel handled the Cornershop acquisition, and why the team continues to operate independently, in the rest of this episode.Why didn't Cornershop have any Chilean investment?Both Cornershop founders took to Twitter after the exit to discuss the role of Latin American funds in supporting Cornershop. In particular, many people speculated why Chilean VCs hadn't invested; their only Latin American VC investor was Mexican firm ALLVP. To learn more about ALLVP, you can listen to my recent podcast with the fund's cofounder, Federico Antoni.Daniel's explanation for the lack of Chilean investment is one that we discuss frequently at Magma Partners. Between timing, CORFO restrictions and mandate, most Chilean funds would not have been able to get into the deal. However, Cornershop's and Clan Descuento's first angel investors were the founders' Chilean friends and family. Learn more about how Cornershop's founders have handled this debate since the acquisition in this episode of Crossing Borders.Show Notes:[1:21] – Nathan introduces Daniel Undurraga[2:02] – Inside the acquisition process[5:07] – How has living in different places influenced your life?[6:06] – What do you see in the Chilean ecosystem now?[9:14] – Did you always know you wanted to be an entrepreneur?[12:00] – What was it like trying to raise money in 2007 in Chile?[14:12] – The background on Needish[21:02] – Why did you decide to go to San Francisco?[24:58] – VCs in LatAm or US?[26:22] – What was your experience with Chilean funds?[28:00] – Advice for founders on raising money[29:50] – How can copycat companies be successful in LatAm?[31:00] – Why launch in two countries at once?[32:40] – Stay in one country or target the region?[34:15] – When did you know the company would succeed?[36:00] – If you could make one change to the LatAm ecosystem, what would it be?[38:10] – What's next for you and Cornershop?[39:15] – Daniels advice to his younger selfResources:Clan DescuentoNeedishCornershopALLVPMy podcast with Federico AntoniWhy Magma Loves CorfoLatin America's Groupon Mafia
In this week's Espresso, we cover updates from Shopper, Nowports, Olist and more!Outline of this episode:[0:27] - Shopper announces a $30M Series C funding round[1:02] - Nowports announced a $60M funding round [1:33] - ALLVP Managing Director Fernando Lelo de Larrea leaves the VC fund he co-founded.[2:13] - Abstra raises a $2.3M funding round [2:59] - Olist secured $186M in a Series E in a funding round[3:40] - Ambar raises $36M in a Series C round[4:19] - LatamList's top picks for the best impact startups in LatAm[8:36] - Ep.24 How to be the difference Holidays SpecialResources & people mentioned:Companies, Institutions & Startups: Shopper, Nowports, ALLVP, Instituto Tecnológico Autónomo de México, Abstra, Olist, Ambar, The Intern Group, MIT's Refugee Action HubVCs and Funds: GIC, Minerva Foods, Quartz, Oikos, Floating-Point, Tiger Global, SoftBank Latin America Fund, Mouro Capital, DST, Monashees, Wellington Management, Echo Capital, Oria Capital, TPG Capital, Argonautic Ventures People: Fernando Lelo de Larrea, Federico Antoni, Bruno Vieira Costa, Bruno Balbinot, Johanna Molina. María del Mar Vélez, Crack the Code,
For this week's episode of Crossing Borders, we're revisiting one of our greatest hits episodes featuring Ben & Frank's co-founder Mariana Castillo.Mariana Castillo believes that the eyewear shopping experience in Mexico is broken. It's generally reduced to an impersonal exchange that only considers the basic optical measurements, rather than catering the product to the customer's style and personality. Mariana is the co-founder and co-CEO of Ben & Frank, a direct-to-consumer eyewear brand that seeks to transform the way Mexicans buy eyewear by providing fashionable and affordable options.I sat down with Mariana to talk about why an internship at ALLVP played a key role in her decision to become an entrepreneur, the lessons she learned from working at Mexico's Central Bank, and the insights she's gained about the direct-to-consumer category in Latam; from building a brand to fundraising. And lastly, Mariana shares advice on how to remove biases in the ecosystem to empower female founders.A career-defining moment at ALLVPBefore discovering her entrepreneurial journey, Mariana immersed herself in the investment world. She learned about venture capital and realized that she wanted to get involved with early-stage investment and started an internship at ALLVP, a VC firm based in Mexico City, for three months. Fascinated by the ability of some of the startups she worked with to execute ideas quickly, Mariana decided she wanted to pursue a career that would involve entrepreneurship in any way. Listen to this episode of Crossing Borders to learn more about Mariana's lessons learned from her early days at Mexico's Central Bank to her time at ALLVP. Redefining what it means to be a “four-eyes”Through Ben & Frank, Mariana has built a strong eyewear brand. She explains that consistency is key to building a successful brand in Mexico. That means that everything related to the brand reflects the same values, mission, and vision. From the unboxing experience to how a company reacts when they've made a mistake are all part of what makes a brand. At Ben & Frank, Mariana explains that they are very intentional about the language they use. For example, they've chosen to reclaim what it means to be a “four-eyes”. Learn more about building a successful brand in this episode of Crossing Borders. The untapped potential of direct-to-consumer companies in LatamMariana explains that direct-to-consumer brands caught on quickly in Mexico. Customer centricity is what traditional retailers in Mexico lack, and what direct-to-consumer brands excel at providing. As consumer habits change from generation to generation, companies will need to adapt to the demands of customers that are more conscious about the value for money and what a brand stands for. Check out this episode of Crossing Borders to learn more about the opportunities and the barriers that exist in the retail industry in Mexico. Mariana Castillo is transforming the meaning of “four eyes” in Mexico to be synonymous with cool and fashionable with Ben & Frank. The startup is breaking the barriers of the traditional retail industry and unleashing the potential of direct-to-consumer brands for the digital age. Outline of this episode:[1:37] – About Ben & Frank[2:06] – Traditional retail experience for eyewear in Mexico[3:23] – Mexican roots, nomadic upbringing[5:05] – Entrepreneurial journey[6:00] – Internship at ALLVP[6:55] – Lessons learned at the Central Bank and ALLVP[7:55] – Why tackle this specific problem?[9:04] – Ben & Frank's inflection point[11:48] – Building a brand in Mexico[13:15] – Insights into Latam's direct-to-consumer category[14:20] – Competing with traditional retailers[17:25] – Expanding Mexican direct-to-consumer brands[18:15] – Advice to Mariana's younger self[18:41] – Fundraising for a direct-to-consumer startup[23:18] – Being a female founder in Latam[26:35] – Avoiding biases in the VC ecosystem [29:07] – What's next for Mariana and Ben & Frank?Resources & people mentioned:Mariana CastilloBen & FrankALLVPFederico AntoniFernando Lelo de LarreaYCombinator
On this episode, we're joined by OG Latino American and Mexico Venture Investor, Federico Antoni, founding partner at ALLVP, a leading catalyst to the entrepreneurial economies of the region. If there were a theme of this episode with Fede, it was "the people, the people, the people." He joins Ileana and Rob to discuss some of the best and brightest up & coming founders and their companies in the region, as well as some of their firms past experiences. He also shares his unique perspective on how he and his team, as well as the region has arrived at this moment, and what will be required to thrive in the coming years. Federico is a pioneer in the venture capital industry in Mexico. In 2012, he co-founded Antoni Lelo de Larrea Venture Partners (ALLVP), the first institutional early-stage venture capital fund in the country. As Managing Partner of ALLVP, Federico has successfully raised two Funds focused on Seed, Series A, and Series B investments. He has overseen 25 investments to-date across four sectors: FinTech, Digital Consumer, Healthcare, and Smart Cities. Federico, who is a frequent TechCrunch contributor, is an Entrepreneurship and Management Lecturer at Stanford Graduate School of Business, where he received his MBA in 2004. He also holds both bachelor's and master's degrees in Applied Economics from Paris Dauphine. Feel free to follow and engage with Federico here: Twitter: https://twitter.com/federicoantoni Linkedin: https://www.linkedin.com/in/mantoni Website: https://www.allvp.com We're so grateful to you, our growing audience of entrepreneurs, investors, builders, influencers and those interested in the entrepreneurial economies of Latin America and the under-represented entrepreneurial communities in the USA! Plug in, relax and enjoy some Spanish, English and a fun dose of spanglish as always. We're here to help inspire, educate and empower you, so that you can build the future! ¡Salud y gracias!, Mentors Today's Team --- Send in a voice message: https://anchor.fm/mentorstoday/message
Ponte En Contxto con la semana que protagonizaron Fintual, Jefa, Hackmetrix, ALLVP, Mercado Libre, Kavak, y 2TM. Corrección 3ra noticia: La ronda semilla levantada por Hackmetrix fue la segunda más grande de LATAM y no la primera. --- Send in a voice message: https://anchor.fm/en-contxto/message
En este episodio, estamos muy felices de recibir a María Fernanda González, Senior Associate en ALLVP, con quien conversamos sobre su visión general del ámbito financiero en LatAm, además de Venture Capital y cómo las startups pueden aprovechar este método de financiación. Para obtener contenido exclusivo y cursos de finanzas y emprendimiento visítanos en https://myval-u.com/ Usa nuestro cupón y obtén un descuento especial en los cursos online “A tu Ritmo” de Val-u: NDI20: 20% de descuento en cualquiera de ellos. Music by: https://www.purple-planet.com
Antonia llegó al mundo de venture capital gracias a su curiosidad y ganas de aprender. Trabajando en inversión en bienes raíces en Chile, convenció a sus jefes de empezar a invertir un poco en tecnología. Eso le llevó a conversar con firmas de venture capital locales y a que Manutara Ventures le invitara a empezar el fondo como socia. Antonia siguió aprendiendo y expandiendo su network y gracias a ello, en 2020 los socios de ALLVP le invitaron a unirse como la tercera socia de la firma en México. Antonia es una de las mujeres más jóvenes en convertirse en socia de una firma de VC en Latinoamérica. En este episodio nos cuenta por qué empujó a su empresa a invertir en tecnología, cómo ha crecido el ecosistema de VCs y emprendimiento en Chile y su opinión sobre el impacto que el exit de Cornershop a Uber ha tenido en el ecosistema en LatAm. Síguenos: Instagram LinkedIn Facebook www.creandolatampodcast.com creandolatam@gmail.com
NFX has been increasingly active in LatAm over the last few years, largely drawn there by an incredibly talented pool of Founders in the region. To understand the unique challenges and opportunities of LatAm, James talked with Antonia Rojas, the youngest female partner at ALLVP and a rising star in the startup ecosystem there. They co-led the Nuvocargo Seed round together. Based in Mexico City, she has a “boots on the ground” view of Latin America that I love. Methods for building network effects there is not what one might think -- and as a result, go-to-market in Latin America demands building trust bridges and leveraging confidence networks. Understanding the psychology of LatAm consumers is a powerful unlock for new Founders entering the region.
Por 2da ocasión tuvimos la oportunidad de platicar con Yana, una app de salud mental. En esta ocasión invitamos a Jorge Torreo, CFO de Yana para platicar sobre su ronda seed liderada por ALLVP. Jorge nos contó acerca de: Sobre su ronda seed Complejidad de levantar una pre-seed y seed en menos de 1 año Diferencias entre etapas Tener tu data room hace la diferencia Levantar una extensión de tu ronda seed (Exclusiva) Escoger a tus inversionistas Antes de escuchar este capítulo, te invitamos a conocer más de Yana escuchando el capítulo #7 de este podcast donde platicamos con Yana sobre su ronda pre-seed.
Víctor Noguera es el co-fundador y CEO de Flat.mx - la startup mexicana que tiene como objetivo transformar la industria de bienes raíces en México. Víctor y su equipo encontraron la oportunidad de agilizar el proceso de compra-venta de inmuebles en México. Se dieron cuenta que una persona podría tardar hasta 12 meses (o más) en vender su casa o departamento, lo cual reducía las opciones para mudarse tan frecuentemente como desearía. Para solucionar este problema, Victor y Bernardo Cordero crearon un producto que garantiza a quien quiera vender un inmueble que tendrá una oferta en tan solo 10 días. Recientemente, Flat.mx levantó $20M en su Serie A de AllVP y Expa.
Recientemente, Cornershop fue adquirida por Uber por más de 3 mil millones de dólares, convirtiéndose en la adquisición más importante de una startup en nuestra región. Hoy tenemos a Federico Antoni, socio y cofundador de ALLVP, quien lideró las tres primeras rondas — pre semilla, semilla y Serie A — de Cornershop, uno de los servicios de supermercado on-demand más grande de Latinoamérica.Para revisar las notas del episodio, visita https://startupeable.com/allvp/Además, si te gusta nuestro Podcast, la manera más sencilla de ayudarnos es dejando una reseña en Apple Podcasts: https://ratethispodcast.com/startupeable y siguiéndonos en:- Web: https://startupeable.com/- LinkedIn: https://www.linkedin.com/company/startupeable/- Twitter: https://twitter.com/startupeable- Instagram: https://www.instagram.com/startupeable/- YouTube: https://www.youtube.com/c/Startupeable
Chile is a country that, despite being a smaller market in LatAm, has always pushed to be at the forefront of innovation. It is home to Startup Chile, the birthplace of two unicorns, and also where Antonia Rojas is from.Last year, Antonia became the youngest female venture capital partner in Latin America when she joined ALLVP, one of the most active new wave funds in Spanish-speaking LatAm.With a master's degree in social entrepreneurship, Antonia is a Kauffman Fellow and a founder-turned-investor, having started her own edtech and worked at seed fund Manutara Ventures.Last year, she became the youngest female venture capital partner in LatAm when she joined ALLVP, one of the most active new wave funds in Spanish-speaking LatAm, with investments in companies like Cornershop, Flink and Nuvocargo.In this episode, Antonia shares:Her views on the evolution of the Chilean ecosystemHer take on signalingAnd the mechanics and nuances behind ALLVPs investment decisionsBulding something new? Apply at apply.latitud.com
Ouça nosso compilado semanal das principais notícias que aconteceram no cenário fintech no Brasil e no mundo! O Boletim conta com o patrocínio da Conductor, plataforma líder na América Latina em meios de pagamento e Banking as a Service. A Conductor atende as principais fintechs, bancos, varejistas e diferentes empresas, permitindo que ofereçam soluções de pagamento inovadoras a seus clientes. Acesse www.conductor.com.br e entenda melhor como transformar o seu negócio! Nesta edição: - A plataforma de benefícios Flash captou R$ 125M em uma rodada series B liderada pela Tiger Global; - O fundo de private equity da XP e a Atmos Capital investiram R$ 250M na compra de uma participação minoritária no Will Bank, neobank voltado para o público desbancarizado; - A Investo, fintech especializada em ETFs, recebeu aporte de R$ 15M liderado pelo Harvard Angels; - A Guru, fintech de investimentos inspirada na startup norte-americana Robihood, recebeu aporte de R$ 12M do multi family office Turim; - A a55, startup que provê crédito para empresas com receita recorrente, recebeu funding de R$ 30M do BTG Pactual para suas operações de crédito. O volume pode chegar a R$ 250M até o fim de 2022; - O mercado ouviu rumores sobre uma potencial compra do Banco BV pelo PagSeguro por R$16B, rumor que foi posteriormente negado pela fintech; - O Nubank lança nova categoria de cartão, o Ultravioleta, e marca sua entrada no segmento premium; - É lançada no mercado a A de Agro, empresa que nasce em cima da estrutura da Agronow e conta com parceria do BTG Pactual; - O Mercado Pago anunciou que vai eliminar as multas por atraso em suas linhas de crédito para pequenas empresas; - A Pleo, plataforma dinamarquesa inspirada na fintech norte-americana Brex, levantou US$ 150M e atinge valuation de US$ 1,7B; - A Toqio, companhia de banking as a service sediada em Londres, recebeu aporte de US$9,4M; - A insurtech mexicana Super.mx arrecadou US$ 7,2M em rodada series A liderada pela ALLVP; - A Booking.com lança divisão fintech e embarca no movimento embedded finance; - O Google estaria negociando a compra de uma empresa de pagamentos do Japão, marcando sua entrada no mercado de serviços financeiros no país; - O FMI, o BIS e o Banco Mundial fizeram pedido conjunto para cooperação global no desenvolvimento de CBDCs Acesse também nosso parceiro Finsiders e fique por dentro das últimas novidades do segmento fintech! https://finsiders.com.br/ Estamos também no Instagram, Facebook, Youtube, LinkedIn e Spotify! Siga-nos em: https://www.instagram.com/fintechtalksbr https://www.facebook.com/fintechtalksbr/ https://www.youtube.com/fintechtalks https://www.linkedin.com/showcase/fintech-talks/ https://open.spotify.com/show/2AVngeMgLIO7r8cqwGYBPY
Yo siempre he considerado que para ser un buen capitalista de riesgo (VC) se requieren tres cualidades derivadas del marketing: el entendimiento de las dinámicas de mercado en una industria objetivo, la contribución en las estrategias "go-to-market" de las empresas de un portafolio, y sobre todo, la creación de una marca digna del reconocimiento de los mejores emprendedores. En este episodio nos acompaña Federico Antoni, Managing Partner de ALLVP, un fondo de capital de riesgo enfocado en invertir en startups que transforman la vida de los latinoamericanos a través de tecnología. Conversamos sobre la importancia del marketing en la carrera de un VC, cómo construir comunidades y que busca un inversionista en una startup en términos de tracción. ¡Sigue a Victor Cortés (@cortesvictorh) y a Tracción (@traccion_) en redes sociales para que puedas enterarte de los próximos episodios! Hasta la próxima, atraccionados⚡
2020: LatamList's Year in Espressos, Ep 29 In the first Espresso of the year, we take a look back at Latin America’s startup and venture capital ecosystem over the course of 2020. Our highlights feature stories from IDB Lab, Magma Partners, ALLVP, Claire Diaz-Ortiz, Pierpaolo Barbieri, Lab4U, Justo, La Haus, Kushki, dLocal, Matias Muchnick, and more! Outline of this episode: [0:42] - Recap of H1 2020 [3:30] - Manolo Fernandez, Justo [4:57] - Matias Rivera, Fanatiz [6:57] - Bruno Henriques, iFood [7:46] - Matias Muchnick, NotCo [9:00] - Pierpaolo Barbieri, Ualá [10:00] - Unicorn season [11:25] - Claire Diaz-Ortiz, Magma Partners [13:29] - Rodrigo Labbe, Jooycar [15:08] - Mateo Jaramillo, Heru [16:18] - An end to the Uber-Cornershop saga Resources & people mentioned: Antonias Rojas, Claire Diaz-Ortiz, Manolo Fernandez, Matias Rivera, Bruno Henriques, Matias Muchnick, Pierpaolo Barbieri, Rodrigo Labbe, Mateo Jaramillo VC funds, initiatives, and accelerators: Magma Partners, Kaszek Ventures, ALLVP, Canary, Founders Fund, Brava Initiative, Rampa Startups: Kinedu, Lab4U, Rappi, iFood, UberEats, Justo, Turbi, Jooycar, Cargo X, Truora, Credijusto, Kushki, Belvo, Omnilatam, Uala, Kavak, dLocal, VTEX, Greensill Capital, Heru, NotCo, La Haus, Fanatiz, IDB Lab Uber-Cornershop saga Full Espresso episodes: Manolo Fernandez on Jüsto closing a $12M Pre-Series A, Ep 4 Matías Rivera: Fanatiz becomes global distributor of Brazilian soccer, Ep 10 Bruno Henriques: iFood to launch first drone-assisted food delivery service in Latam, Ep 11 Vilash Poovala: Oyster Financial closes $14M funding round, Ep 14 Pierpaolo Barbieri: Uala’s arrival in Mexico, Ep 17 Claire Díaz-Ortiz: Magma Partners launches the Brava initiative to invest in more female founders in Latam, Ep 18 Rodrigo Labbé, Jooycar expands to the US with Fleetr, Ep 23 Mateo Jaramillo: Mexican startup Heru raises $1.7M pre-seed round, Ep 26 Cofece approves Uber-Cornershop acquisition in Mexico, Ep 28
"Proptech is the new fintech". Victor lo dice un poco en broma, pero en parte por esa oportunidad que ve en proptech, empezó Flat en México en 2019. Él es otro de esos emprendedores foráneos (nació en Barcelona) que le apuestan al ecosistema de Latinoamérica y están generando impacto. Antes de Flat, Victor había enfocado su carrera de emprendedor en la industria fintech con un startup studio llamado STARTegy Venture Builder que incubó startups como Klar, Belvo y Worky (no olvides escuchar nuestro episodio con su fundadora Maya Dadoo). Previo a eso, trabajó en Boston Consulting Group y estudió un MBA en la escuela de negocios Hass de UC Berkeley. En este episodio Victor narra cómo se dio cuenta de la oportunidad que hay para innovar en la industria inmobiliaria y cómo ha formado una buena dupla con su co-founder Bernardo para más de una startup. Además, nos cuenta cómo fue su experiencia virtual en Y Combinator en el batch de verano de 2020 y la colaboración que han logrado con ALLVP, uno de los mejores VC's de México. Si vives en México y estás buscando comprar o vender un inmueble, te pueden interesar los servicios de Flat! Al momento sus operaciones se enfocan en la CDMX. ¿Cómo podemos continuar desarrollando el ecosistema de emprendimiento y tecnología en Latinoamérica? Victor: Necesitamos más empresas exitosas en el ecosistema de donde puedan salir los futuros emprendedores y emprendedoras Síguenos: Instagram LinkedIn Facebook www.creandolatampodcast.com creandolatam@gmail.com
Dr. Federico Antoni, the Co-founder of ALLVP has been supporting the Mexican venture capital since 2012. He has 25 investments to-date and is also a professor of Entrepreneurship and Management at the Stanford Business School Tune into today's episode to learn Antoni's experience throughout life when it comes to entrepreneurship as a career, and now, supporting entrepreneurship through a venture capital firm
Si eres emprendedor o piensas emprender, debes escuchar este episodio de Bolsa Mexicana, el podcast con Fernando Lelo de Larrea, Socio Fundador de ALLVP
Mariana Castillo, Ben & Frank: Direct-to-Consumer Eyewear for the Mexican Market, Ep 124 Mariana Castillo believes that the eyewear shopping experience in Mexico is broken. It’s generally reduced to an impersonal exchange that only considers the basic optical measurements, rather than catering the product to the customer’s style and personality. Mariana is the co-founder and co-CEO of Ben & Frank, a direct-to-consumer eyewear brand that seeks to transform the way Mexicans buy eyewear by providing fashionable and affordable options. I sat down with Mariana to talk about why an internship at ALLVP played a key role in her decision to become an entrepreneur, the lessons she learned from working at Mexico’s Central Bank, and the insights she’s gained about the direct-to-consumer category in Latam; from building a brand to fundraising. And lastly, Mariana shares advice on how to remove biases in the ecosystem to empower female founders. A career-defining moment at ALLVP Before discovering her entrepreneurial journey, Mariana immersed herself in the investment world. She learned about venture capital and realized that she wanted to get involved with early-stage investment and started an internship at ALLVP, a VC firm based in Mexico City, for three months. Fascinated by the ability of some of the startups she worked with to execute ideas quickly, Mariana decided she wanted to pursue a career that would involve entrepreneurship in any way. Listen to this episode of Crossing Borders to learn more about Mariana’s lessons learned from her early days at Mexico’s Central Bank to her time at ALLVP. Redefining what it means to be a “four-eyes” Through Ben & Frank, Mariana has built a strong eyewear brand. She explains that consistency is key to building a successful brand in Mexico. That means that everything related to the brand reflects the same values, mission, and vision. From the unboxing experience to how a company reacts when they’ve made a mistake are all part of what makes a brand. At Ben & Frank, Mariana explains that they are very intentional about the language they use. For example, they’ve chosen to reclaim what it means to be a “four-eyes”. Learn more about building a successful brand in this episode of Crossing Borders. The untapped potential of direct-to-consumer companies in Latam Mariana explains that direct-to-consumer brands caught on quickly in Mexico. Customer centricity is what traditional retailers in Mexico lack, and what direct-to-consumer brands excel at providing. As consumer habits change from generation to generation, companies will need to adapt to the demands of customers that are more conscious about the value for money and what a brand stands for. Check out this episode of Crossing Borders to learn more about the opportunities and the barriers that exist in the retail industry in Mexico. Mariana Castillo is transforming the meaning of “four eyes” in Mexico to be synonymous with cool and fashionable with Ben & Frank. The startup is breaking the barriers of the traditional retail industry and unleashing the potential of direct-to-consumer brands for the digital age. Outline of this episode: [2:10] - About Ben & Frank [2:36] - Traditional retail experience for eyewear in Mexico [3:55] - Mexico roots, nomadic upbringing [4:53] - Entrepreneurial journey [5:40] - Internship at ALLVP [7:38] - Lessons learned at the Central Bank and ALLVP [8:36] - Why tackle this specific problem? [9:42] - Ben & Frank’s inflection point [12:26] - Building a brand in Mexico [13:58] - Insights on Latam’s direct-to-consumer category [15:14] - Competing with traditional retailers [18:13] - Expanding Mexican direct-to-consumer brands [19:05] - Advice to Mariana’s younger self [19:33] - Fundraising for a direct-to-consumer startup [24:14] - Being a female founder in Latam [27:26] - Avoiding biases in the VC ecosystem [30:00] - What’s next for Mariana and Ben & Frank? Resources & people mentioned: Mariana Castillo Ben & Frank ALLVP Federico Antoni Fernando Lelo de Larrea YCombinator
Fernando Lelo de Larrea, Cofundador del Fondo de Venture Capital ALLVP, que maneja un portafolio de más de 200 millones de dólares, me habló de la ola de fomento al emprendimiento y al capital emprendedor en México, con la que prevé que surjan las grandes empresas que representarán los indices bursátiles en 20 años. También me platicó de las política públicas para fortalecer a la industria de VC, además de que espera que Cornershop sea el próximo unicornio mexicano. See acast.com/privacy for privacy and opt-out information.
En este episodio del WeXchange podcast, invitamos a Elizabeth Acuña, Associate de Angel Ventures, un fondo regional de venture capital, para conversar sobre el WeXchange Pitch Competition. Además de dirigir la competencia durante varios años, Elizabeth es mentora para aceleradoras peruanas y lidera la iniciativa Women Empowerment.El BID Lab en colaboración con Angel Ventures, organiza la competencia anual del WeXchange que conecta a las emprendedoras STEM más innovadoras y dinámicas de América Latina y el Caribe con potenciales inversores. Escucha este episodio del WeXchange podcast para enterarte de todo lo que tienes que saber sobre el Women STEMpreneur Competition 2020. Esquema del episodio:[0:35] - Introducción[1:20] - Acerca de WeXchange Pitch Competition[2:12] - Requisitos para la competencia[3:02] - Diversidad de industrias y categorías[5:08] - Criterios del jurado[6:20] - Proceso de selección[7:36] - Premios especiales[9:06] - Fecha de cierre de la convocatoria[9:32] - Preguntas más frecuentesRecursos y personas mencionadas:Women STEMpreneurs Competition 2020Elizabeth AcuñaWomen EmpowermentWeXchangeBID LabCulqiArukayFirmas de venture capital: Angel Ventures, ALLVP, Carao Ventures, Cometa, Dila Capital, Magma Partners, Maya Capital, NXTP Ventures, Vulcano, 500 Startups LatAm, Redpoint eventures.
Elizabeth Acuña, Angel Ventures: Women STEMpreneurs Competition 2020, Ep 11 En este episodio del WeXchange podcast, invitamos a Elizabeth Acuña, Associate de Angel Ventures, un fondo regional de venture capital, para conversar sobre el WeXchange Pitch Competition. Además de dirigir la competencia durante varios años, Elizabeth es mentora para aceleradoras peruanas y lidera la iniciativa Women Empowerment. El BID Lab en colaboración con Angel Ventures, organiza la competencia anual del WeXchange que conecta a las emprendedoras STEM más innovadoras y dinámicas de América Latina y el Caribe con potenciales inversores. Escucha este episodio del WeXchange podcast para enterarte de todo lo que tienes que saber sobre el Women STEMpreneur Competition 2020. Esquema del episodio: [0:35] - Introducción [1:20] - Acerca de WeXchange Pitch Competition [2:12] - Requisitos para la competencia [3:02] - Diversidad de industrias y categorías [5:08] - Criterios del jurado [6:20] - Proceso de selección [7:36] - Premios especiales [9:06] - Fecha de cierre de la convocatoria [9:32] - Preguntas más frecuentes Recursos y personas mencionadas: Women STEMpreneurs Competition 2020 Elizabeth Acuña Women Empowerment WeXchange BID Lab Culqi Arukay Firmas de venture capital: Angel Ventures, ALLVP, Carao Ventures, Cometa, Dila Capital, Magma Partners, Maya Capital, NXTP Ventures, Vulcano, 500 Startups LatAm, Redpoint eventures.
Antonia Rojas, ALLVP: Investing in Latin America's Human Capital & Smart Cities, Ep 111 Antonia Rojas has been surrounded by machines and technology ever since she can remember. Her grandfather was one of the engineers that developed the first computer in Germany, while her mother was a digital photography pioneer in Chile. Now, Antonia is carving her own path in the tech world with her passion for supporting startups that use technology to provide solutions to real-world problems. This year, she became the youngest female venture capital partner in Latin America when she joined ALLVP, a Mexico-based venture capital firm. In this episode, I sit down with Antonia to talk about her journey as an entrepreneur-turned-investor and her views on the future of Latin America’s tech ecosystem. We also talk about her experience going through Start-Up Chile and her current work and investment process at ALLVP. ALLVP’s four verticals Antonia explains that ALLVP targets tech startups in four different industries: fintech, human development, and the future of commerce and smart cities. She primarily focuses on edtech and the future of cities, and strongly believes that in Latin America there is a huge opportunity for the SaaS market. Listen to this episode of Crossing Borders to learn more about ALLVP’s investment process and Antonia’s insights on the SaaS industry in Latin America. Technology as a tool Antonia followed a traditional career path after studying business and economics in Chile. She worked for a real estate bank in Germany and then went back home to Chile. It wasn’t until she lived through a couple of earthquakes and saw the devastation in her country from the aftermath that she discovered how technology has the potential to efficiently solve a variety of problems. Find out in this episode of Crossing Borders how Antonia’s perspective on technology changed and made her pursue a different career path to the one she had envisioned. Transforming tradition with technology When Antonia came back to Chile from completing a Master’s in entrepreneurship in San Francisco, she was eager to find ways to support the local tech ecosystem. She soon realized that the best way for her to do this was by investing in tech companies. However, she first started working for a firm that focused on very traditional investments. Antonia explains that it was a slow process but eventually they started investing as angel investors in startups. Check out this episode of Crossing Borders to learn about how Antonia convinced a very traditional investment firm to take a chance on startups. Antonia Rojas is breaking the glass ceiling with her passion for technology and Latin American startups. With ALLVP she is supporting tech startups that are moving the needle in their industries and are radically transforming the world around them. Outline of the episode: [1:20] - About ALLVP [2:40] - Getting into tech [5:20] - From entrepreneur to investor [8:00] - Experience at Start-Up Chile [9:17] - Convincing others into tech [10:40] - Joining ALLVP [14:27] - Advice to angel investors [14:49] - ALLVP’s verticals & investment process [17:44] - The future of Latam’s tech ecosystem [21:05] - Books, blogs, & podcast recommendations [22:30] - Advice to Antonia’s younger self Resources & people mentioned: Antonia Rojas ALLVP Fernando Lelo de Larrea Cornershop Start-Up Chile Manutara Ventures Podcasts: Snacks Daily, The Twenty Minute VC Books: Simplify
Iniciamos la segunda temporada de Un Cisne No Tan Negro inaugurando la serie de entrevistas a Managers de fondos de Venture Capital con un invitado especial, Federico Antoni, Partner de ALLVP. ALLVP es un fondo de VC Mexicano con inversiones en toda Latinoamérica. Federico ha creado una firma que ha sabido escalar y se ha convertido en un referente no sólo de México sino de toda la región. Además, desde su firma ALLVP genera una parte importante de la información disponible en la región sobre las transacciones y la actividad general tanto de Startups como de gestores de fondos de Venture Capital. NO TE OLVIDES DE SEGUIRNOS AL CANAL ASI NO TE PERDES LOS PRÓXIMOS EPISODIOS! Gracias a los sponsors que hacen posible este episodio: AWS | Amazon Web Services Consegui GRATIS perks para tu Startup y fondo de VC en el siguiente link
Victor fundador de Flat, una startup que se dedica a comprar y vender departamentos usados en tiempo record. Nos habla de su paso siendo inversionista y cómo hizo para encontrar y apoyar a los mejores equipos. Cómo nació Flat, por qué decidieron hacer esta startup ellos mismos y cómo fue su paso levantando capital en su ronda pre semilla. Libros recomendados:The trillion dollar coach (El Coach de Sillicon Valley)- Eric Smith.The tipping point - Malcom GladwellBlink - Malcom GladwellLinks a temas mencionados:Startup - FlatFondos - Allvp; Liquid2 Follow Us:InstagramTwitterMailalex@fundadorespodcast.com
How I Raised It - The podcast where we interview startup founders who raised capital.
Produced by Foundersuite.com, "How I Raised It" goes behind the scenes with startup founders who have raised capital. This episode is with Victor Noguera of Flat.mx, an online platform that buys and sells residential properties in Mexico. In this episode, Victor talks about unique attributes of raising capital in Mexico, how to get intros to wealthy family offices, pitching Joe Montana from a parking lot in Tijuana, information arbitrage and finding business models that work in other markets, and more. The Company most recently raised $4.5 million of seed funding in a deal led by ALLVP, Liquid 2 Ventures, Next Billion Ventures and Picus Capital. This series is produced by Foundersuite, makers of software to raise capital and manage investor relations. Foundersuite's customers have raised over $2 Billion since 2016. Create a free account at www.foundersuite.com.
En este episodio, platicamos con Fernando de Lelo de la Larrea. Co-fundador y director de ALLVP, el fondo pionero de capital privado en México enfocado en apoyar a los emprendedores de Latino América. Fernando es economista por el ITAM, donde lleva más de 18 años dando clases, tiene un MBA por la universidad de Stanford y una maestría en economía por London School of Economics. En este episodio platicamos de los principales problemas a los que se enfrentan los emprendedores, sobre cómo funciona un fondo de capital emprendedor y del ecosistema emprendedor mexicano en comparación con otros relevantes.
Valeria Moy platicó con Fernando Lelo de Larrea de ALLVP y con Mariana Castillo de Ben & Frank para saber cómo es el sistema de emprendimiento en México, qué tan exitosos son los emprendedores mexicanos y qué retos enfrentan.
Welcome to the ALL IN podcast. I am Jia from ALLVP, an early-stage venture capital fund from Mexico City, investing across Latam. We started this podcast to share the amazing conversations we have in our network so that you, our listeners, can gain some valuable ALL IN insights. I spoke with Wenyi Cai, CEO, and Founder of Polymath Ventures. She is my very first guest on the ALLIN podcast. This is my very first attempt at podcast interviews, so bear with me and tune in to hear about: Getting to know Wenyi personally, understand her journey moving from the US to Colombia Her personal difficulty (or not) making the move as well as her professional journey building Polymath Ventures What Polymath ventures is currently up to? What exciting stuff can we expect to hear from Polymath ventures this year? Her personal interests/verticals in building companies and why so?
Eugenio Perea is a Mexican entrepreneur, investor, and company builder, and Magma Partners’ newest Venture Partner. Based in Mexico City, his career path has crisscrossed the Mexican ecosystem, consistently returning to the idea that businesses can improve society by creating excellent products that directly solve their customers’ problems. This thesis led Eugenio from his first corporate jobs to his first companies, and finally to VC firm ALLVP, where he learned the ins and outs of startups. Despite initially planning to become a “soldier in the corporate world,” Eugenio has been a key actor in building out Mexico’s ecosystem over the past decade. I sat down with Eugenio on this episode of Crossing Borders to discuss what he learned while starting his own companies, how entrepreneurship is changing Mexico, and how the local ecosystem has changed over the past decade. We also talk about why international VCs should look at the Mexican market and Eugenio’s hopes for Mexico’s future. Check out the rest of this podcast to hear Eugenio’s story from studying chemical engineering to being a key figure in the Mexican startup ecosystem and joining us as our Magma Partners team member in Mexico. A rising star and a loose cannon Eugenio never planned on being an entrepreneur, but his brief stint in the corporate world pushed him toward starting his own business. He didn’t fit in well at university, either, which appears to be a common theme among entrepreneurs (myself included). Corporates and universities didn’t appreciate being questioned by a rebellious new recruit. It didn’t take long for Eugenio to realize corporate Mexico was not for him. Listen to this episode of Crossing Borders to hear how Eugenio got recruited to join his first tech startup, accidentally created a monopoly, and learned what it meant to “move fast and break things.” On growing a company from 2 to 50 people in a year. After pivoting from his second startup, Eugenio landed on an idea that took off. Hiring couldn’t keep up. Looking back on the experience, Eugenio had just one regret: not hiring deliberately enough. Culture fell apart as the company grew and the founders lost control of the team. He also fell into a common trap for early founders: hiring in his own image. How did Eugenio find out he was hiring wrong? He noticed he shared a rare trait with over 50% of his employees, when only around 6% of the world had the same quirk. Check out the rest of the episode to hear about Eugenio’s inflection point, when he learned he knew nothing about building startups - despite being a three-time entrepreneur. “Entrepreneurship will save Mexico.” While Mexico comes in 15th in the world for overall GDP, it ranks 69th for GDP per capita. Eugenio claims that regular industrialization will not close that gap; the answer is mass entrepreneurship. He is confident Mexico is on the right path. The government and wealthy families are talking about investment and startups are no longer a joke. There is still a long way to go in educating stakeholders in the market, but Eugenio is long Mexico and Latin America. He encourages foreign investors to get involved now while the risk is low and rewards are high. Mexico is consistently Latin America’s second largest market for startups. Listen to this episode of Crossing Borders to hear Eugenio explain why entrepreneurs and investors need to stop “looking North” because Mexico and LatAm are massive markets for innovation. Eugenio’s curiosity and creativity have led him through dozens of industries and businesses - from mystery shopping to fintech - but with a common thread. He has been deeply involved in Mexico’s entrepreneurial revolution since the start. He is a passionate advocate for the ecosystem and I couldn’t be happier to welcome him to the Magma Partners team. Check out this episode to hear how Magma’s newest team member is supporting entrepreneurs in his home country. Show Notes: [1:41] - Nathan introduces Eugenio [2:20] - What are you working on these days? [3:05] - Did you always want to be an entrepreneur? [3:53] - Eugenio's life, 20 years ago [7:54] - Eugenio and university did not get along [12:10] - Becoming a mystery shopper [14:13] - Pivoting to the process redesign market [14:50] - Growing from 2 to 50 people in one year [18:45] - How can startups build culture and focus? [20:15] - How did you decide what to do next? [22:02] - Learning startups from scratch [24:40] - Your market is the only opinion that matters [25:50] - How to handle a board meeting [28:40] - Being an investor [32:05] - Growth in the Mexican ecosystem [36:15] - How has the ecosystem improved? [39:00] - Startup culture taking over in Mexico [40:00] - Why should international investors look at Mexico? [42:16] - Eugenio’s recommended blogs [43:49] - Why minimalism? Resources Mentioned: Magma Partners ALL VP PagoFacil 500 Startups Cal Newport on Minimalism David Cain Farnam Street Blog Tim Ferriss
Daniel Undurraga never thought he would sell even one Latin American company to a company in the US market, but with the recent US$225M acquisition of Cornershop, a grocery-delivery app he has officially sold two startups to US companies. His first startup, Needish, was the basis for Clan Descuento, a Chilean Groupon clone that was acquired by Groupon in 2010. Clandescuento's acquistion was before most people in Chile had heard of startups! Daniel is a lifelong entrepreneur with his share of failed projects, but ever since he and his business partner Oskar Hjertonsson found their niche in Latin American e-commerce, they’ve become an example for the whole ecosystem. I sat down with Daniel on this episode of Crossing Borders to talk about the Latin American startup ecosystem, living and working across borders, and advice for founders who are launching and scaling in Latin America. We also discuss the backstory behind Cornershop’s decision to not raise capital in Chile and their experience raising money from funds across in Latin America. See yourself as a global company from the start Daniel Undurraga knows what it takes to scale a company from a small country like Chile to the rest of Latin America. Cornershop launched in Chile and Mexico simultaneously because the founders realized dominating only the Chilean market wouldn’t create a company with scale. Rather than consolidating in their first market, then expanding, Cornershop took a global approach from the first day by creating processes that were “multi-currency, multi-language, and multi-time zone.” For startups just starting to consider scaling, Undurraga suggests incorporating outside your home country, such as in the US, UK or Cayman Islands. It can make expanding easier, plus make you act like a global startup from the beginning. Check out the rest of Daniel’s tips for scaling in the Latin American market in this episode of Crossing Borders. You haven’t sold the company until you sell the company Having already closed an acquisition from Groupon in 20010, Daniel knew how complicated selling Cornershop could be. The whole process took almost a year and they couldn’t tell anyone about what was happening until they closed the deal. Find out how Daniel handled the Cornershop acquisition, and why the team continues to operate independently, in the rest of this episode. Why didn’t Cornershop have any Chilean investment? Both Cornershop founders took to Twitter after the exit to discuss the role of Latin American funds in supporting Cornershop. In particular, many people speculated why Chilean VCs hadn’t invested; their only Latin American VC investor was Mexican firm ALLVP. To learn more about ALLVP, you can listen to my recent podcast with the fund’s cofounder, Federico Antoni. Daniel’s explanation for the lack of Chilean investment is one that we discuss frequently at Magma Partners. Between timing, CORFO restrictions and mandate, most Chilean funds would not have been able to get into the deal. However, Cornershop’s and Clan Descuento’s first angel investors were the founders' Chilean friends and family. Learn more about how Cornershop’s founders have handled this debate since the acquisition in this episode of Crossing Borders. Show Notes: [1:21] - Nathan introduces Daniel Undurraga [2:02] - Inside the acquisition process [5:07] - How has living in different places influenced your life? [6:06] - What do you see in the Chilean ecosystem now? [9:14] - Did you always know you wanted to be an entrepreneur? [12:00] - What was it like trying to raise money in 2007 in Chile? [14:12] - The background on Needish [21:02] - Why did you decide to go to San Francisco? [24:58] - VCs in LatAm or US? [26:22] - What was your experience with Chilean funds? [28:00] - Advice for founders on raising money [29:50] - How can copycat companies be successful in LatAm? [31:00] - Why launch in two countries at once? [32:40] - Stay in one country or target the region? [34:15] - When did you know the company would succeed? [36:00] - If you could make one change to the LatAm ecosystem, what would it be? [38:10] - What’s next for you and Cornershop? [39:15] - Daniels advice to his younger self Resources: Clan Descuento Needish Cornershop ALL VP My podcast with Federico Antoni Why Magma Loves Corfo Latin America’s Groupon Mafia
The Mexican venture capital and startup ecosystem is changing fast. And ALLVP’s Federico Antoni has been there helping it grow since 2012 when he and his partner Fernando Lelo de Larrea started their first fund. The once-CEO of a Mexican fashion company started investing after he failed to reinvent an aging consumer brand. The transition from a corporate position to the world of entrepreneurship might not be obvious, but Federico leveraged his experience teaching at universities to help him raise not one, but three venture capital funds that have gone on to support not only Mexican but also Latin America startups. I sat down with Federico on this episode of Crossing Borders to discuss how he raised US$6M in 2012, before startups were popular, lessons learned while raising his second and third funds, the Cornershop acquisition for $225M by Walmart, in which ALLVP was an early investor, CORFO’s effect on the Chilean VC ecosystem, and China’s impact on the Latin American ecosystem. Check out this episode to hear Federico’s journey from the corporate world to becoming a prominent player in Latin America’s startup ecosystem. Failure can be an opportunity for reinvention We often talk about how teams that have failed go on to build better startups. Many VCs like to invest in second or third time entrepreneurs because they have the grit to face the difficulty of being a founder. Federico wasn’t didn’t start as an entrepreneur, but still believes that a failure put him on his current path. After six years as CEO of an ageing company, he could not turn it around, and it closed down. Federico used this failure as a learning experience, like any good entrepreneur would. Find out how Federico made the transition to the entrepreneurial ecosystem in this episode of Crossing Borders. The Cornershop Effect It only takes a few big successes to gain credibility in the local ecosystem. For ALLVP, the clear winner of their portfolio so far is Cornershop, the Mexican-Chilean delivery service that was recently acquired by Walmart. It took Federico and his partner, Fernando Lelo de Larrea, seventeen investments to find Cornershop. There is a lot of learning involved in betting on companies, especially in the Latin American ecosystem. When ALLVP started in 2012, family offices weren’t so keen on giving up money for unknown, risky companies. The Cornershop Effect, as we call it, has shown investors and entrepreneurs that they can build businesses that can exit and earn good returns. Potential LPs who originally rejected VC pitches are now reaching out to firms to learn about investment opportunities. Listen the rest of the episode to hear about the other companies ALLVP is backing right now. China is taking the LatAm ecosystem seriously The US has taken Latin America for granted for too long, says Federico. Now, with China looking at Latin America as a serious investment opportunity and a growing market for tech, the US should be gearing up for a competition. Didi Chuxing is already in Mexico, fighting Uber for market share. As Chinese companies enter Latin America, hire talent, and innovate, US investors and startups will need to work harder to keep a toehold. Federico has a suggestion for US VCs who are interested in Latin America: visit Mexico City, or Santiago, or Bogota. Listen to the rest of Federico’s tips about doing business in Mexico and Latin America on this episode. Mexican-born investor Federico Antoni has followed an unconventional path to the startup ecosystem. Yet as an investor in one of Latin America’s biggest exits and success stories, he has turned ALLVP into a prominent player in the local market. Find out what he thinks of the exit, VC in Latin America, and what’s next for the region on this episode of Crossing Borders. Show Notes: [1:22] - Nathan introduces Federico Antoni [1:45] - What does ALLVP do? [3:43] - How many companies have you invested in? [6:43] - What did you do before VC? [9:12] - What made you take the leap to start a fund? [12:50] - Lessons learned from teaching [15:25] - How did you raise your first fund? [18:12] - How has the market changed from 2012 to today? [21:31] - Learning how to invest through VC [24:27] - The market should help entrepreneurs fail faster [25:57] - The Chilean VC ecosystem debate (Cornershop effect) [31:55] - China in Mexico [35:00] - Why should US investors look at LatAm? [41:21] - Federico Antoni’s advice for his younger self Resources Mentioned: ALLVP Cornershop Social Diabetes Alkanza Rocket Man by Robert Kurson (Book) The Art of Stillness by Pico Iyer (Book) Abstract: The Art of Design (Documentary) New York Times Op-Ed on Teaching