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Start-Up Chile selects 105 new startups in round 6

startupchile.org

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Re: Start-Up Chile selects 105 new startups in round 6

#11

Post by trevelyan »

jmathai wrote: post #8
skndr wrote: post #7

Earlier quoted context omitted.

It's a relatively new program - shouldn't it take 6-8 years on average to see results?

I'd expect to see the first signs of results in a couple years. For example, how many companies from the first batch are still around?

My company participated in the pilot round. Last I heard from Nate (Entrustet and Welcu), 23% of our cohort were profitable and bootstrapping, 32% had taken further investment, and only 14% had failed.

http://thenextweb.com/la/2012/09/03/start-up-chiles-first-al...

Re: Start-Up Chile selects 105 new startups in round 6

#12

Post by j_camarena »

sergiotapia wrote: post #3

I'm from Bolivia and I'm curious if anyone from my country is there. Algun Boliviano por ahi? :)

Hello there, I'm from Mexico, i was part of the 2nd generation of Startup Chile .. I remember Daniel Ponce from Bolivia.

He was on a startup called "amerpages", I think he is now part of "CityHeroes".

Un saludo desde Mexico :).

Re: Start-Up Chile selects 105 new startups in round 6

#14

Post by kragen »

pedalpete wrote: post #9
kirian wrote: post #4

Honest question, are there any well known start-ups that have come out of the Start-Up Chile program?

The two more successful ones I'm aware of are cruisewise and babelverse so far. But really, the program isn't focused on the success of the start-ups, it's about start-ups affecting the Chilean ecosystem, and that is happening.

I'm interested to hear how the Chilean ecosystem has changed as a result. Since I don't live in Chile, I don't have much visibility into that. Can you share your experience?

Re: Start-Up Chile selects 105 new startups in round 6

#15

Post by jmathai »

trevelyan wrote: post #11
jmathai wrote: post #8

Earlier quoted context omitted.

I'd expect to see the first signs of results in a couple years. For example, how many companies from the first batch are still around?

My company participated in the pilot round. Last I heard from Nate (Entrustet and Welcu), 23% of our cohort were profitable and bootstrapping, 32% had taken further investment, and only 14% had failed. http://thenextweb.com/la/2012/09/03/start-up-chiles-first-al...

23% isn't too shabby.
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