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?

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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”

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.

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¿Cómo preparar una ronda de inversión semilla?

Una de las tareas más difíciles que he encarado como co-fundador de Culqi ha sido levantar inversión. La complejidad de mantener un negocio dinámico (MoM +30%) y al mismo tiempo conseguir financiamiento de inversionistas ángeles, fondos de inversión (Angel Ventures y Kickstart Perú LP) y aceleradoras de negocio (Wayra de Telefónica Open Future y Start Up Perú) ha sido un camino largo y lleno de errores y aprendizajes. Continue reading “¿Cómo preparar una ronda de inversión semilla?”