If there are any? There are plenty of them... I'm from Argentina, and here, as in many other latin countries, there are a real lot of local tech startups. Some

If there are any? There are plenty of them... I'm from Argentina, and here, as in many other latin countries, there are a real lot of local tech startups. Some important companies which started like startups here are Mercado Libre (MELI in Nasdaq), Core Technologies, and Wanako Games (a company in Chile, by Argentinians, recently sold to Vivendi for US$ 10 million). Actually there are lots of incubators for entrepreneurs here, and there are local VCs, and there are many people working on Web 2.0 and general tech stuff. Recently, there was a local Barcamp here in Buenos Aires too. There are many, many local startups here, and of course we are all latino here. So I'm not sure the question makes a lot of sense...