The State of Mexican Venture Capital(dennisvanderheijden.com)
dennisvanderheijden.com
The State of Mexican Venture Capital
http://www.dennisvanderheijden.com/the-state-of-mexican-venture-capital/
1 comments
As you have well mentioned, Mexico's entrepreneurship and startup investment scene is in its infancy. A notable barrier between this current state and a more mature ecosystem where capital is flowing in and out of innovative new companies is that we have yet to see big exits "coming out of Mexican soil", as you mentioned to Dave McClure in the comment section. It is something I believe we need to really work hard on, and not as individuals but as a Mexican community. Those of us involved in this line of work know how critical it is to much of our collective success for a Mexican startup to beef up, grow, expand and then be either acquired or go public in the near future. Which is also why I get frustrated when non-constructive criticism, rivalries, egos or lack of collaboration hinder us from getting closer to achieving this critical milestone. Investors are not stupid; they have money for a reason. They are also market-oriented people who are interested to a lesser or greater extent in making a profit. Give them a big profit resulting from a Mexico company, and capital will flood our scene and become abundantly available. Then again, it is a task we should ALL, as individual parts of this growing Mexican community, take to our hearts and one worthy of our serious commitment.