Since January 2011 I have been following the successes of Startup Chile and the creation of what many are now calling Chilecon Valley. Being here, I am pleased to see that the buzz and hype are very real.
Over the last year and half Chilecon Valley continued to receive fantastic press coverage from notable news broadcasters such as The Economics, CNN, Tech Crunch and more. Few days ago I Skyped with my good friend, Roland Eteri, who is very talented programmer currently based in Nigeria. He said is hearing a lot of good things about SUP Chile on CNN. Amusingly, he mentioned “so this is what you’ve been talking about for over a year” and “now I get why you went there” :). Indeed. It has been a great choice and the timing is fantastic. Chilecon valley is growing exponentially, the Chilean economy is robust and growing fast and the vibe here very positive. I am mixing pisco sours and ideas…I am loving it!
Below is a recent article from The Economist. It’s a good read giving some interesting insights. Notable points are that:
SUP is “interesting because it exploits the original Silicon Valley’s weak spot—America’s awful immigration system.”
“Since 2010, when Start-Up Chile started, some 500 companies and almost 900 entrepreneurs from a total of 37 countries have taken part.”
“The programme has been a big hit with foreigners…Many rave about their time in the country, where they can write software code while sipping Pisco Sours and swapping tips with their peers.”
“The vide is very Californian here”
“There are not enough private venture capitalists to support young firms with money and advice.” (this presents an interesting opportunity for VCs to come and fill the void)
Read more via the link below
Thanks for reading