All posts in English

  • Global digital innovation masters

    Digital Innovation Masters I’ve been thinking more about what really stimulates me at the same time that I’ve been considering the meaning of the word: “TropicalGringo.”  I think I’m coming up with an answer to both questions at the same time.  I’ll have to write more about each topic separately, but let me use this post as first pass to see what you think.

    What really stimulates me is meeting talented, passionate people who are great at creating new things. In general, I like to meet impressive people in all industries, but, being such a nerd, I really am intrigued by those that accomplish this in the digital space.  I’m talking about a great business builder, coder, designer or whatever.  Someone who has achieved mastery in one of the crafts necessary to engender digital innovation and, who call it, “creating cool shit.” :)

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  • Emerging markets have a unique opportunity that most will squander.

    Think biggerThe other day I wrote a post about thinking bigger and now see that the concept has applicability to countries as well as startups. I took a day trip to Medellin yesterday to talk, along with my friend Conrad Egusa, with the management team of a multibillion dollar corporation with almost 200,000 employees.  They are taking a serious look at Colombia and, particularly, Medellin.  It really made me think about something that I’ve stated verbally but don’t think I’ve written here.  That we are living during a moment in history when a number of things are shifting (e.g., economic power,  penetration of digital tools, etc.).  Many countries (particularly, in emerging markets) such as Colombia can either decide that the future will be much different than the past and start making decisions commensurate with the opportunity before them or squander their window of opportunity and forfeit a much brighter future to emerging market countries who have more insight into this new global context.

    This event reminded me of the beginning of the year when an agency in Boston, Massachusetts (Jim and Sandy) reached out to me through my blog here because they were planning to visit Colombia.   For anyone reading this who needs confirmation that writing a blog and connecting with the outside world is rewarding, this should be proof enough.  In that case, I was able to connect them with the national government as well as my Founder Institute alliance partner, Ruta N, and they ended up having a tremendous visit.  In this case, it wasn’t a case of connecting them with others (they had that covered), but more a matter of giving them the low down from a bicultural perspective on what we see here.

    Going back to the session we had yesterday morning in Medellin with this impressive group of visitors.  First of all, it was impressive to see that the whole management team from the Chairman and CEO were present.  I just looked at their corporate website and it’s and looking at the management team pictures it’s amazing to see that they were all here.  It was really stimulating to follow their thought process in terms of analyzing the potential for doing business in Colombia and the types of deep, penetrating questions that they asked.

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  • On thinking bigger and executing “smaller”

    TropicalGringo Puntaje Nacional

    Yesterday was a fun-filled day of meeting with the startups that are starting the 14 month program at the accelerator where I’m Program Director.  This cohort of companies seems to be filled with founders who are passionate about what they are doing and interested in giving it their all.  This makes all the difference, in my mind, not only in terms of their chances for building great businesses, but in terms of the joy and interest in help guide them in any way I can.  I noticed, along the way, that I was offering my feedback on their long term vision while pushing for short term results (more on that later).

    Also, I was delighted to meet the founders of a very interesting educational startup from Chile called Puntaje Nacional (see photo).  These founders have a startup which seems to be killing it in Chile and is now looking to expand to Colombia. One of the metrics I remember is that of 450k users.  Also, any of the startups I usually speak with in Latin America would be happy to have their revenues (won’t divulge number ’cause I didn’t ask permission) and the growth opportunities they have in front of them.

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  • FAIL: I just fell flat on my face

    TropicalGringo Fail

    Well, I just got a gut-wrenching notification that the Colombian government decided against a proposal that I presented, along with some local partners, to help create Tayrona Ventures and I’m still reeling from the this.  My local partners in the proposal were creating an early-stage Colombia fund to address opportunities in several industries (e.g., construction services, etc.) while leaving us (Tayrona Ventures) as a sidecar fund with a lot of freedom to pursue early stage deals with digital startups.  I thought (wrongly, as it turns out) that this would satisfy the government’s needs to support a number of sectors while also creating an amazing early stage technology fund with likes of Silicon Valley insiders Paul Bragiel and William Hsu.

    Before going on, I want to congratulate the three groups that will be receiving funds from the government (these include my current partners at Socialatom Ventures – an accelerator we own jointly).  All three of these groups have sharp people and the good news is that Colombia and Latin America will have more sorely-needed investors.

    So, I’m always telling my son that it’s not a question of falling down, but whether and how you get up.  Am I going to be a hypocrite (and ball my eyes out) or suck it up and keep going? It’s so much easier to give advice than to be coherent with that advice when things happen to you.  :)

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