Search Results for: crossing borders

Ep 46 Pedro Neira: Innovating for the Latin American Dating Industry

When Latin America shifted abruptly to mobile in the early 2010s, the online dating industry had to change with it. Luckily, Pedro Neira, the founder of Mi Media Manzana, now Latin America’s most-downloaded dating app, had enough experience from his three previous startups to know when to make changes. Mi Media Manzana now has over one million downloads and recently received an undisclosed investment from Axon Capital Partners.

I sat down with Pedro Neira in this episode of Crossing Borders to hear about his journey founding four startups, what it’s like doing business in Peru, advice for raising capital in Latin America and Silicon Valley, and the future of Mi Media Manzana.

Pedro didn’t realize he was an entrepreneur until his third startup

A few of my previous guests on the show called themselves “accidental entrepreneurs” because they never realized their careers would lead them to innovate. Not so with Pedro. Instead of following his MBA classmates down the consulting track, he worked on a startup in Barcelona right before the financial crisis. Only after starting a few Internet businesses when he returned to Peru did Pedro realize his career path was unique. Check out this episode of Crossing Borders to learn about Pedro’s three startups, and how they prepared him to found Mi Media Manzana.

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Ep 45 Antonio Nunes: Delivering Latin America’s Groceries with Mercadoni

According to Antonio Nunes, Latin American families spend up to four hours per week in the supermarket. When combined with crippling traffic and safety concerns in many Latin American cities, it becomes clear why delivering groceries in Latin America could be a highly lucrative business. Antonio Nunes noticed that opportunity while living in Bogota and sold everything to go on a mission to deliver Latin America’s groceries in under an hour.

In this episode, I sat down with Portuguese entrepreneur, Antonio Nunes, to talk about why Latin America is growing so quickly, why last mile delivery is a better business in LatAm than in the US or Europe, and what he has learned in his journey doing business across borders.

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E-Commerce in Ecuador: Following the Footsteps of YaEsta.com

YaEsta was one of the first sites to pioneer the Ecuadorian e-commerce market in 2012. When Alejandro Freund returned to his native Ecuador after studying in Argentina, Italy, and the US, he was shocked to see that there was virtually no way to purchase goods online. Freund had grown used to buying many commodities online while abroad from sites like MercadoLibre in Argentina. So, with funding from Kruger Labs, Freund and his co-founder, Martin Jara, decided to help grow the Ecuadorian e-commerce market from scratch and started what would become YaEsta.    

If the most significant challenge to e-commerce in Ecuador today is convincing customers to buy online, one can only imagine what YaEsta faced six years ago. Freund and Jara originally built a site similar to Groupon, but eventually moved on to selling home goods, apparel, and appliances at a discount. At the time, YaEsta was called Revolucionatuprecio.com and mostly helped small producers sell their products online and reach a wider audience.

Fast forward to today, YaEsta now has a team of 25 people in Quito and is generating over US$3M in sales each year. Having raised a US$3M Series A round last year, YaEsta is taking on a strong position in the Ecuadorian e-commerce market. If you want to learn more about YaEsta, you can listen to my interview with Alejandro Freund on the Crossing Borders podcast.

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Ep 44 Lauren Cascio: How Abartys Health is Upgrading the Insurance Industry

The US healthcare market loses up to US$750B in fraud and inefficiencies every year. The insurance industry is famously bureaucratic and relies on antiquated technology to communicate with healthcare providers and patients. My guest today is Lauren Cascio, co-founder and COO of Abartys Health, a health insurance tech company that created a system that allows seamless data flow and communication between insurers, doctors and patients in Latin America and the United States.

Lauren was selected by Walmart as one of Puerto Rico’s most promising business leaders, made the Caribbean’s 40 under 40 list, and was a finalist for the Forbes 30 under 30. Lauren is also proud to have delivered the winning pitch at SXSW’s ReleaseIT competition in 2017 and Parallel 18 Accelerator’s Investor Choice at the 2017 Demo Day.

While Lauren didn’t originally set out to become an entrepreneur, she has always loved taking risks and learning from her mistakes. We talk about her decision to teach herself how to code and what she’s learned from starting and scaling a business in Puerto Rico. We also discuss the Puerto Rican startup ecosystem and why it can be an advantage to growing startups.

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