Describing a startup’s business model answers the question of how a startup makes money. Bill Aulet says “you do not have a business until you have someone actually paying money for your product.” Continue reading “3 tips for describing your business model”
Author: Greg Mitchell
What is your business model? (2 of 2)
Startups often use catchy one-liners to describe what they do. Uber for X, for example. Referring to well-known business models is an efficient way to explain your startup. They can be a helpful reference point for investors. Continue reading “What is your business model? (2 of 2)”
When is the right time to set up an International HoldCo?
Members of Peru’s startup community have collaborated with advisors outside Peru to develop a report outlining considerations for startups evaluating creating international holding companies.
When should a startup evaluate creating an international holding company?
Continue reading “When is the right time to set up an International HoldCo?”Just don’t call it ‘Corporate Governance’
I don’t like the term corporate governance much, but I am a huge fan of what it represents and how much it can help startups. It should just be called “getting the best people together to support a startup”. Good corporate governance can help founders achieve their goals, both by building trust with investors and pointing founders in the right direction. Continue reading “Just don’t call it ‘Corporate Governance’”
How to land an advisor for your startup
Mentors and advisors are essential for startups. The best mentors are often successful founders who have already led companies through a period of rapid growth. Some angel investors will add value and play the role of mentors, but many founders actively seek out independent advisors. Continue reading “How to land an advisor for your startup”
Who is raising VC money in Peru?
Venture capitalists are backing founders in the Peru startup community. There has been a pick up in activity recently and next week Endeavor is organizing an event to discuss these trends. Continue reading “Who is raising VC money in Peru?”
Free legal documents for seed rounds!
PECAP has recently shared templates for legal documents for seed rounds in Peru. The documents are a great starting point for discussing general terms with early stage investors and making seed rounds less costly for both founders and investors. The Swiss Entrepreneurship Program provided a key role in supporting this initiative. Montezuma & Porto law offices led a collaborative effort that included input from founders, investors and other lawyers. Continue reading “Free legal documents for seed rounds!”
Tools for startups
Founders in Peru are as efficient and productive as possible with extremely limited resources (money, talent, and time). Teams often waste valuable time traveling across town to a meeting that could be done via a video call. In-person meeting are great, but its also OK to train investors and clients that you are a startup. It will help filter out those that aren’t interested and will be in the best interest of all parties moving forward.
Continue reading “Tools for startups”500 Startups LatAm – Batch 9 Applications
500 Startups LatAm has an application process open for its next batch. Founders can apply here by May 20th. The program invests $60,000 in startups that go through a 16-week program designed to drive startup growth and make connections to top investors. Continue reading “500 Startups LatAm – Batch 9 Applications”
May Events – Fintech Focus
The two big events in the startup ecosystem this month center around fintech. I am looking forward to both of them:
- Lima Fintech Forum, May 9th and 10th, hosted by EmprendeUP
- Fintech Conference LATAM, May 30th and 31st, hosted by Alta Ventures Continue reading “May Events – Fintech Focus”
Ruta Startup 