Startups in Latin America and the Fear of Failure
Why do startups fail in Latin America? Many factors have to do with the absence of planning or even problems related to the coexistence between partners
Why do startups fail in Latin America? Many factors have to do with the absence of planning or even problems related to the coexistence between partners
Startups in Latin America and the Caribbean will experience in the upcoming years a growth in number and financing possibilities
This is why the Caribbean Is Attractive For New Startups. Tax rates are very favorable, and some countries have no corporate tax at all.
In Latin America, growing regional connectivity is leading to an increasing digitalization of work and commerce. Entrepreneurs are taking advantage of this increased connectivity by upgrading outdated systems with new business models. As everyday tasks shift online, remote work is also growing in popularity. According to Owl Labs’ Global State of Remote Work, South America had 81 percent more […]
The COVID-19 pandemic has had serious effects on the economy of almost every country in the world. Governments have been forced to allocate billions of their budgets to help businesses that have been forced into temporary closure and workers who have lost their jobs. But in the midst of this gloomy panorama, the imagination and […]
“This is completely a black swan event. No one saw it coming. It’s affecting every single person on the planet, and we have to muster up courage, first of all, to do the right thing, especially for people who are absolutely desperate and need our help,” says Therese Turner-Jones, general manager of the IDB’s Caribbean […]
The coronavirus is keeping Mexican dancer Alejandra Salas off the stage. She is healthy, but due to the quarantine, she has been unable to work on any professional project. However, the setback has also allowed her to focus on the skills she has been developing for almost all of her 26 years: “What I can […]
As financial markets tumble, investors are pulling funding from startups. Sales for anything but bare essentials have evaporated, while progress on product development and market testing has halted for work that requires in-person collaboration. Many existing bailout plans are targeted for larger enterprises in industries like aviation and tourism. While limited resources are explicitly earmarked for […]
Entrepreneurship in Latin America is full of good news in 2019. Latin American entrepreneurs have had more opportunities to access financing through venture capital funds and, in general, have found a more favorable framework for their businesses. The volume of investment in the region has increased from 143 million dollars in 2011 to 1.976 million […]
The high costs of access, high interest rates, lack of products and services that provide value to users, and the confusing user experience are among the main factors which make the financial industry one of the least appreciated by users—especially in regions such as Latin America and the Caribbean. In fact, 71% of millennials prefer to go […]