Category: Latin America Startups and Investing

Startups: Charge US prices, with Latin American Costs

Category : Latin America Startups and Investing
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A version of this post originally appeared in Spanish as a column in El Mercurio, with the title Startups: vender a precios de Estados Unidos con costos chilenos.

The internet’s magic is that you can connect anywhere with any part of the world from where ever you are. We notice it when we talk with friends living in other countries, connect on social media, look at photos from around the world and keep up to date with the latest news from all corners of the world. We’re really living in a global world.

Tech startups are also global. A startup’s market can be the entire world from day one. But many Chileans only think about technology businesses from the US and Europe that have gotten to the Chilean market.

We’ve all heard about foreign startups that sell into the chilean market and many chileans have made purchases from sites like Amazon, Asos, Book Depository, Aliexpress and more. But the vast majority think it’s impossible to do the opposite: sell in the US from Chile. (more…)

Property Simple: Automated Social Media Advertising for Real Estate Agents

Category : Latin America Startups and Investing, Magma Partners
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Property Simple, a company that helps real estate agents sell and capture more properties, is our first portfolio company to make the jump from Latin America to the US market. Adrian Fisher, Property Simple’s founder, moved to Los Angeles full time a month ago to continue to help real estate agents sell more faster.

Property Simple helps real estate agents in two ways.

Property Simple’s first product allows real estate agents to improve their personal branding and stay top of mind within their network by automatically posting property listings and unique agent information to an agent’s own social media profiles like Facebook, Twitter, LinkedIn and Google Plus. By posting automatically, agents stay top of mind in their personal network, which are the people most likely to refer a seller to them, without having to spend 30-60 minutes per day on posting on social media. (more…)

Will more Chilean startups be acquired in 2016?

Category : Latin America Startups and Investing
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Note: A version of this article originally appeared as a column in Spanish in El Mercurio, one of Chile’s largest newspapers.

Many entrepreneurs dream of solving a problem, providing great service to their clients and ideally doing something that makes the world a better place when they start their company. One of the side effects of a successful startup is that they might make lots of money. (more…)

Edoome Rolls Out To All Chilean Public Schools

Category : Latin America Startups and Investing, Magma Partners
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Edoome (AngelList profile), a social learning management platform that turns classrooms into an online community so teachers, students and parents can communicate and collaborate easily and securely, just signed an agreement to launch Edoome in all of Chile’s public school system. In the next few months, 200k+ teachers and 3M+ students at 12,000+ Chilean public schools will start to use Edoome, making students’ and teachers’ lives easier and better. The majority of teachers who use Edoome save more than two hours of planning and preparation time per week, letting them focus on what they do best: teaching students.

This agreement is a big step forward for Edoome, as it brings an entire country’s education system into the Edoome platform. In addition to this agreement, Edoome has been growing quickly in Mexico, Spain, the US, Ecuador and Colombia over the past 6-12 months and now has more than 75k teachers and 150k students using the platform. Edoome just recently did a soft launch in the US and is growing at 20+% monthly. (more…)