The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus
The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus
Sramana Mitra: How much of your portfolio has this follow-on funding? Jose Deustua: All of them have raised funds. Sramana Mitra: All of them have received funding from what source? What is the primary source?
Jose Deustua: We also have a platform called Anvi. They teach English. Currently, we know that most people in Latin America are not good in speaking English. They need to speak English to progress in their work. Even though there are a lot of solutions about how to learn English, this platform is new in
Sramana Mitra: Talk about the companies. What problems are they solving? Jose Duestua: We have one startup that’s focusing on changing the way teachers teach in K12. In Latin America, we’re lagging behind in using technology in classrooms. This startup is trying to put all textbooks on a platform where you can learn from the
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Jose Deustua was recorded in May 2019. Jose Deustua, Managing Director at UTEC Ventures, talks about Peru’s entrepreneurial ecosystem. Sramana Mitra: Let’s get to know you. Let’s get you introduced to our