Getting to the next level requires next level talent.
Two startup transactions were front and center at PECAP’s May meetup. During the meeting, Ragi Burhum announced the sale of AmigoCloud, and Alain Elias, president of PECAP, shared the Q1 report, highlighting Krealo’s investment in Culqi.
A common thread in both startups is the founders’ superpower of hiring and retaining talent. Ragi, at AmigoCloud, and Amparo Nalvarte and Nicolas di Pace, of Culqi, achieved success by building a supporting cast of key contributors.
Faces behind the founders:
Diego Bartra, Head of Professional Services, AmigoCloud: Began his career at Tekton Labs then led programs at Startup Peru. Graduate of Universidad de Pacifico.
Pierina Salinas, Head of Operations, AmigoCloud: Previously part of the founding team at UTEC Ventures. Graduate of Universidad de Lima.
Rodrigo Neira, CFO, Culqi: Previously held impactful positions at Belcorp and Chemonics International. Graduate of Universidad de Piura.
William Muro, CTO, Culqi: Five years building product at Culqi following graduation from Universidad Tecnológica del Perú.
The founders of these startups will be the first to give credit to these and other team members that played a key role in getting to the finish line. While founders dedicate time almost exclusively to the transaction, the rest of the team helps out and at the same time ensures the startup continues to deliver results.
AmigoCloud and Culqi are still growing and writing their stories. The next level of talent, below the founders, will become an increasingly important part of future success.
Check out the Q1 2019 PECAP Report here.