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Any thoughts on how startup Chile compares to traditional Silicon Valley incubators? Obviously, they don't take equity and have a focus on contributing to the e
by alook 14y ago
Any thoughts on how startup Chile compares to traditional Silicon Valley incubators? Obviously, they don't take equity and have a focus on contributing to the entrepreneurial community.
A good friend of mine just flew down to Santiago for Startup Chile. He's definitely enjoying it, but before he left he was concerned that getting out of the US entrepreneurship scene might make it harder to reach US consumers and get relationships with investors. On the flipside, S.C. seems focused on creating an international community of entrepreneurs - I'm told there's teams from 33 countries.
It'll be interesting to see how many of these teams will end up in YC.
- volandovengo 14y agoI think Startup Chile is very different from traditional Silicon Valley incubators. From what I understand, traditional incubators are focused on getting you mentored and funded. In start up chile, you're pretty much left to your own to decide what is best for you. If you are seeking to build a billion dollar company, it probably isn't the best fit. If on the other hand, you are seeking to build a life-style business and you wouldn't mind a bit of an adventure, it's a great option. There certainly is less social pressure in Santiago as tech is still very new there and expectations on your success are much lower. This can be good or bad depending on what you are seeking.