All posts tagged startup

  • Piola Brings Meetups and Barcamps Online

    Hernan & Tim O'ReillyThe other day, I had a great conversation with Hernan Aracena, co-founder of a startup called Piola offering an web conferencing solution for meetups and events such as virtual barcamps.  Lately, he hasn’t spent more than two months at a time in anyone country.  He’s been to Madrid, Miami and San Francisco (where he’s living now) going to hackathons and entrepreneurial events.

    Piola has gotten quite a bit of use in Latin America from radio stations such as RCN in Colombia as well as organizations that promote startups in the region.  The other day, Tim Draper from DFJ, spoke (using Piola) at a Brazil Tech Valley event.  Hernan and the Piola team know they were onto something when, in 2009, their first event generated over 5k realtime viewers without much marketing.

    After testing his product in Latin America, Hernan is ready to promote it to a more global audience and take his company to the next level.  Although he’s lived in Venezuela and Chile, he moved out to the valley because that’s where he feels he has to be to achieve his objectives. He’s already been working with a medical organization and a part of the UN as potential customers.

    After hearing Hernan’s story, there are some characteristics that, in my mind, make him a talented entrepreneur:

    1. Outlook and energy. From the outset, it’s obvious that Hernan is an extremely positive person as is evidenced by his demeanor (see interview below) and comments.

    2. Talent. Hernan likes building and working within a team.  He refers to his co-founding team members as “artists” and measures their talent, but also their commitment to the project before bringing them on.

    3. Product Development.  From the get-go, Piola has iterated its product numerous times working out the kinks and developing an API that helps customers and partners deploy the solution.

    4. Customer Development.  As the below photos show, Hernan took a road trip throughout Latin America meeting with all kinds of users of the Piola platform. The photos below give a sense of Hernan enjoys his work (check out the last one with Hernan and Tim O’Reilly). :)

    5. Willingness to learn and seek guidance. At a suggestion from his friend, Andres Barreto, he moved over the San Francisco to connect with everything that’s happening in the Valley.  The company has been focused on product and customer development, but are now trying to get some help in deciding on a business model that makes sense.

    Talking with Hernan, I was kind of reminded of the talk that the CEO of Airbnb gave at Y-Combinator a few months back about their search for a business model and a product/market fit that could take his company to the next level (he’ll also be checking out a session of the local chapter of the Founder Institute this week).  If that’s a valid comparison, then I think Hernan and his team have what it takes and believe that we should be hearing interesting news about Piola and Hernan in the near future.


    Watch live video from aracena1 on Justin.tv

  • Argentina’s Smowtion On Facebook Approved List

    A few months ago, I wrote about “Mover & Shaker” Santiago Pinto, a successful Argentinean Angel investor and entrepreneur who’s backing ad network, Smowtion.  I wrote about Santiago and about Smowtion’s success at building its publisher and customer base.  Now, Facebook has just announced that they are part of its white list of approved ad networks. While I see tremendous opportunities in targeting the Latin American market and will be talking a bit about this at the SxSW panel in March, I believe that companies such as Smowtion and Brazilian company BT Buckets (mentioned in a vieo in a previous post) are great examples of entrepreneurial teams who think big and tackle global challenges. Yesterday, I was talking to a US journalist about trends in global start-up investing (at least my take) and it’s definitely a reality that top start-up talent knows now geographical boundaries and can be found world-wide.  Latin American start-ups and entrepreneurial teams are maturing at an astonishing pace and companies such  as Smowtion are leading the way.

  • Movers and Shakers: Santiago Pinto

    Santiago PintoI just got off the phone with Santiago Pinto, an extremely sharp entrepreneur/angel investor from Argentina.  A few years ago, he got to talking with Smowtion, a global ad network with a speciality for recruiting quality niche publishers, co-founder and CEO Andrés Alterini and decided to invest US $500k in the company.  Within the last year (when I last spoke with Santiago), they’ve not only tripled the number of publishers (more than 100k) that they work with, but have also become an “Endeavor company.”

    Santiago is a veteran of the Internet business having previously co-founded and sold companies such as Gauchonet and Bumeran in Latin America. After spending any bit of time with Santiago, it’s obvious that this is a man who gets things done and surrounds himself with people just like him.

    There are thousands of reasons you could theoretically give for why an Argentinean company shouldn’t be able to penetrate such a competitive market (their biggest market segment is in the US).  Nevertheless, Santiago doesn’t seem to have much time for theories; he and his colleagues prefer action.

    I’m sure we’ll all be hearing a lot more about Santiago and any company he’s involved with and that’s why he’s a mover and shaker and someone to watch.

  • Colombia en TechCrunch

    Colombia en TechCrunchAyer en el portal mas importante en EEUU sobre startups o emprendimientos tecnologicos, TechCrunch, salió la noticia sobre la llegada del Founder Institute a Colombia.  Bogotá será la primera ciudad en America Latina en traer a esta importante incubadora y red de inversionistas a la region.  El hecho que yo estoy trayendo esta iniciativa a Colombia me satisface enormemente ya que  posiblemente usted me ha leido varias veces cuando hablo sobre lo que falta en Colombia para promocionar a los startups.

    Me gratifica mucho no solo hablar sobre lo que opino sino tomar accion sobre lo que me parece que se debe hacer.  En una presentación que utilizo para visualmente comunicar el estado actual de startups en Colombia comparado con otros paises en la region, dejo una diapositiva en blanco para resaltar el hecho que, mientras otros paises de America Latina, tienen un buen numero de startups que salen en la prensa internacional, no se ve el mismo numero de noticias sobre startups Colombianas recibiendo inversiones multimillonarias o siendo adquiridas.  Ahora yo mismo me encargué de dañar mi propia presentación porque ya comienza el país a figurar en la prensa sobre startups. Asi es como debe ser. :)

    Este es un comienzo pero espero que las noticias futuras tengan que ver mas con resultados.  Especificamente, sería bueno leer sobre algun startup de Colombia con logros contudentes o por una inversion grande o hasta adquisicion.  Sea lo que sea, siento que un paso importante ha sido tomado con la mención de Colombia en la prensa de startups internacional y la “bola de nieve comienza a rodar.”

    En general, ayer fue un día bastante movido. Fuera de unas reuniones productivas con varias organizaciones, tuve tiempo para disfrutar un excelente almuerzo con mi primo y hablar sobre una variedad de temas.

    Otra noticia es que comenzamos de nuevo con el Tropical Gringo Show pero esta vez en inglés.  En el video presento a mi hermano (quien está invitando) y su amigo y hablo sobre la iniciativa del Founder Institute en Colombia: