Category: Top

hand picked posts

Introducing The Crossing Borders Podcast

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.

Why?

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…)

TechCrunch: A New Era in Latin American Startup Investing

I recently wrote a column in TechCrunch called A new era in Latin American startup investing where I talked about how things have changed since I first moved to Chile in 2010 as part of the pilot round of Startup Chile.

Some of the pioneering investors and entrepreneurs have started to be successful, paving the way for the next generation of startups. Other founders who tried and failed in the early 2010s have learned their lessons and are starting second rounds of companies. The ecosystem is much more developed, including startup specific attorneys and more experienced venture investors. From the link:

Startups in Latin America are using creative solutions to address not just local but also global problems. For investors outside the region, the prospect of working with these startups can appear attractive, yet complicated. Investing in early-stage startups in Latin America can present challenges; however, despite the challenges, time and time again I’ve found it can be well worth the effort.

When I first came to Santiago, Chile in 2010 as part of the pilot round of Start-Up Chile, there was hardly any talk of startups. Most people didn’t even know what startups were. Within nine months of returning to the U.S., the company I co-founded was acquired. So I decided to go back to Chile to look for more opportunities in this emerging market.

Over the next couple of years, I taught entrepreneurship in Chile, mentored local entrepreneurs and eventually started investing in Latin American companies myself. I’ve now invested in more than 30 early-stage companies in Latin America, and I firmly believe the time to help early-stage startups in Latin America has never been better. Here’s why.

Continue reading A New Era for Startup Investing In Latin America on TechCrunch.

Photo credit: Alessandro Pautasso

How to Diversify Your Assets With Latin American Real Estate Podcast

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:

  • Tips for investing in Latin America
  • Common misconceptions about Latin America
  • Cap rates and net return deep dive in Chile and Colombia
  • Tips for investing safely and profitably
  • Comparison to returns in the US
  • PropertySimple’s new AI tool for real estate agents
  • How the internet’s changed for real estate leads in the past few years

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.

Case Study: Ecommerce Opportunities in Chile and Latin America

Una versión de este post fue traducido a español por @Joseia (muchas gracias!) y apareció en Pousta con el nombre Conversamos sobre cómo montar tienda online con alguien que aprendió DEMASIADO al respecto.

In late 2012, I met up with two ex startup chile friends over beers. Like most beery conversations between entrepreneurs, the conversation devolved into new business ideas. All three of us had seen ecommerce’s steady growth in Chile and were certain that it would continue to grow toward levels seen in other developed markets. After a few more beers, one of us said, “why don’t we just start a small ecommerce business, it’s the best way to learn about the market and see where the real opportunities are.” (more…)