Marcus Dantus launched his first tech startup in 1993, selling email addresses through a portal that he hosted on the domain Mexico.com. Born in Mexico City, Marcus studied Media Communications at the University of Pennsylvania, but his career quickly switched to technology when a friend introduced him to the Internet. Since then, Marcus never looked back. He founded a telecommunications company, acted as CEO of a medical device business, was on the founding team of Wayra Mexico, and finally developed and launched Startup Mexico, where he acts as CEO.
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Doing Business in Mexico: A Look at the Opportunities & Challenges
Mexico’s business opportunities rival those of any other emerging economy in the world. Despite a complicated history with violence and corruption, the country is starting to transform its negative reputation into new opportunities. New initiatives, especially to boost Mexican innovation, and an ever-expanding middle class with disposable income have given way to a new era of business opportunities for residents and foreigners alike.
To attract new investment, the Mexican government is making significant improvements to its infrastructure to compete globally in sectors like telecommunications and transportation. According to a recent PWC report , Mexico will become the 7th largest economy in the world by 2050.
But, to understand how Mexico will get there, it’s important to understand Mexico’s history and some factors that led it to become what it is today. (more…)