Amir Salihefendic joins me on this episode of Crossing Borders to talk about why working remotely is the way of the future. Listen to hear how he helped bootstrap a fully remote company, his perspective on funding a startup and how to create products that help solve real problems. Amir also shares how companies can gain a competitive edge, find outstanding talent and increase workplace productivity by being fully remote.
Puerto Rico’s Business Climate and Disaster Recovery
Puerto Rico is a US territory, which makes Puerto Ricans US citizens who can live anywhere in the US, but don’t have full rights in Congress and Presidential elections.
Pre Hurricane Maria, you probably knew Puerto Rico from Despacito, the fastest growing video in the history of YouTube, its beautiful beaches and by its crippling debt that has stunted its growth. Entrepreneurs were working against the economic crisis’ backdrop to rebuild the economy even before Maria, but now are also helping in the rebuilding effort.
Home to 3.4 million residents and surprisingly some of the largest and highest grossing retail shops in the world, Puerto Ricans do not let the island’s debt or hurricane recovery define them. The average monthly wage in San Juan is ~US$2500. However, while Puerto Rico was just getting back on its feet, it was hit with Hurricane Maria, which will take years to fully recover from. Many entrepreneurs hope that Puerto Rico takes these disasters as an opportunity to rethink issues and start from scratch using policies which will hopefully lead to policy changes to help stimulate the economy. One of these projects that Puerto Rico is exploring is leveraging Tesla’s Powerwall and solar energy technology to redo the electricity grid. (more…)
An Entrepreneur’s Guide To Coworking Spaces in Latin America
Latin America has recently become a booming destination for entrepreneurs and digital nomads looking for fast WiFi, comfortable accommodations, adventure and a lower cost of living. In response, coworking spaces have popped up in every Latin American capital, and even on remote beaches, to attract entrepreneurs and remote professionals to live, collaborate, and work together. Boasting coffee, private Skype rooms, yoga classes, beach access, and open-plan offices, Latin American coworking spaces are encouraging collaboration across the region.
Read on for a list of some of the top coworking spaces in Latin America.
1. La Maquinita – Argentina
La Maquinita is one of Argentina’s most popular coworking spaces, and for good reason. With seven locations across Buenos Aires and in other cities, entrepreneurs are never far from a space to work. Individuals and companies can choose between working in an open-plan room or a private office. On Friday nights, La Maquinita also hosts its famous ‘Fuck Up Nights BA’, where entrepreneurs share their biggest failures, creating a strong community of collaboration and friendship.
Some other notable Argentine coworking spaces include: Urban Station, We Work, AreaTres, Manawa Coworking, and Loop Coworking. More info on Argentina’s business climate. (more…)
Brazil Venture Capital Overview
This post is the fifth in a series about Latin American venture capital ecosystems. Read Chile, Colombia, Mexico and Peru.
I recently wrote about the growing business opportunities in Brazil, the fifth largest country in the world and home to one of the most tech-savvy populations in Latin America. Despite the recent political turbulence and recession, Brazilian startups are still attracting plenty of attention from investors. New government initiatives and a growing interest from foreign investors are building momentum for Brazil’s entrepreneurial ecosystem.
If you’re an investor or seeking funding opportunities for your venture, below is a brief overview of the venture capital ecosystem in Brazil.
Angel Investors
Anjos do Brasil – Anjos do Brasil is a nonprofit founded in 2011 to help further the development of angel investment in Brazil. The organization has over 16 affiliated groups and 350 members across the entire country.
Startup Angels – Startup Angels is an international network that inspires and enables angel investors worldwide, with an office in São Paulo, Brazil’s financial capital. (more…)