TropicalGringo Portfolio Update 2015
Well it’s the end of the year and it probably makes sense to talk about the last year. So as not to be so broad, I decided to focus on the companies that I advise. I am an advisor to and shareholder in five startups. I, presumptuously, call this group of companies, my “portfolio.” Obviously, I’m bullish on each and every one of them. Fortunately, all five have plenty of runway (funds) left for the foreseeable future and I expect them to continue increasing in value.
One of the startups (Magnolia) is based out of Peru (although it is regional) and the others are headquartered in Colombia. Some of these companies are much more well-known and several have already gone on to close a seed round. When I began working with them, they either only consisted of the founders (Tappsi and Kiwi) or only had a few people working for them (1Doc3, Acsendo and Magnolia). Identifying talent (especially in startup founders) early on is a very difficult thing to do and, in Latin America, it’s even tougher.
