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.
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.
Max Coursey, the founder of Tiger Prop, an innovative real estate brokerage based in Boise, Idaho, invited me to be on his Real Estate Insiders Radio podcast. We covered a huge amount of ground about Andes Property and PropertySimple including:
Thanks again for inviting me Max, I had a great time! If you have any follow up questions about investing in Latin American real estate or PropertySimple’s real estate tool, feel free to reach out!
Listen to “Nate Lustig – Learn How To Diversify Your Assets – Invest In Latin America!” on Spreaker.
This post is the third in a series about Latin American venture capital ecosystems. Read the post on the Chilean Venture Capital, Peru Venture Capital, Highlighting Latin American Startups. Hopefully it’s helpful. Thanks to Monica Avila from Magma and Andres Barreto from Social Atom for reviewing drafts of this post and improving it.
Private Investors
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.
Magma Partners – Monica Avila is our lead in Colombia. We plan to invest in 1-2 companies per year. Additional presence in Chile, Mexico, USA.
Axon – Late stage capital. Six investments.
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!
Why Colombia? (more…)