An “accelerator” for Latin American angel investors
If you attend any conference on Latin American startups or startup investing, you indubitably will here someone talk about the lack of local angel investing in early stage startups. Such an utterance will usually get a lot of heads nodding in acceptance of this problem. What’s not usual is to encounter new options created to solve this problem, but I’d say that is what SSX, an early stage company stock exchange, which is also part of the Dutch Caribbean Securities Exchange, has done with Latam Incubated One. This new offering allows potential angels to invest the amount of money they wish (starting at $2) in a liquid vehicle (traded shares) that will provide much more learning than they’d get trying to choose one startup investment for themselves.
On the learning front, angel investors wishing to get started in startup investing can make one investment in Latam Incubated One and distribute their exposure across several investments. Latam Incubated One will invest (from $50k on up) alongside some of the top accelerators in Latin America which include Wayra, 500 Startups in Mexico, 21212 in Brazil and NXTP in Argentina. The investments will be made in startups that graduate from one of these accelerators’ programs. Additionally, investment decisions will be made by investment committees with regional advisors of which I am one.