Business Incubator Series: Jean Boudeguer, Start-Up Chile – Santiago (Part 3)

By guest authors Irina Patterson and Candice Arnold

Irina: Do you have any entrepreneurs from the U.S.?

Jean: We have people from Wisconsin, California, and Utah. We’re trying to attract the best entrepreneurs from around the world. We’re not only looking for high-tech entrepreneurs, we’re looking for any entrepreneur who can see an opportunity here in Chile. We’re looking for mining, agriculture – the possibilities are endless. >>>

Business Incubator Series: Jean Boudeguer, Start-Up Chile — Santiago (Part 2)

By guest authors Irina Patterson and Candice Arnold

Jean: We want the founders to start their businesses here, and then go global. There are some companies that want to send in a project manager. Other teams wanted to open branches in Chile. There’s another agency here in Chile that supports that. >>>

Seed Capital From Angel Investors: AngelList Founder Naval Ravikant (Part 5)

Naval Ravikant: There are a quite a few companies that still exist organically on the side, and we are trying to push more toward that. We want the entire system to be organic; I don’t want people emailing me and saying, Hey, would you email me out? That is not what we are trying to do here. We are trying to create an open, social community.

Craigslist is a very good analogy for what we want to do. The way Craigslist started was that people were moving into the area in 1995–1996; this was in San Francisco. And they needed a place to live, so they would say, Hey, I hear this Craig knows where you can find some roommates. >>>

Business Incubator Series: Jean Boudeguer, Start-Up Chile — Santiago (Part 1)

By guest authors Irina Patterson and Candice Arnold

I am talking to Jean Boudeguer, executive director of Start-Up Chile, which is a Chilean government program that seeks to attract foreign, high-potential entrepreneurs to come to Chile to bootstrap their businesses.  The mission of the new government and the primary focus of the Ministry of Economy are to convert Chile into the entrepreneurial hub of Latin America. Chile’s current president, Sebastián Piñera, who took office March 11, 2010, is a well-known economist and investor. >>>

Business Incubator Series: Interview With Kerry Rupp, Managing Partner, DreamIt Ventures – Philadelphia And New York City (Part 8)

By guest authors Irina Patterson and Praveen Karoshi

Kerry: The public funding that DreamIt receives is not contingent on how many of our entrepreneurs are successful. I think that is probably because our investors agree with us that this model of succeed fast or fail fast is valuable. They understand that some of the companies will decide not to move forward after the program, which is part of the process of vetting these ideas in the market place. I don’t think they want to discourage that. >>>

Seed Capital From Angel Investors: AngelList Founder Naval Ravikant (Part 4)

Sramana Mitra: OK, so let’s say I want to send you a set of deal flow, screened deal flow, because in One Million by One Million we don’t advise people to apply for investment too soon and without enough traction. The reason is that 99% of deals are rejected by investors. We want our members to work on their company to the point where they have improved the odds of playing this very low-probability game. So, if we were to send you screened deals, how would you recommend we advise our 1M/1M companies to play here? >>>

Business Incubator Series: Interview With Julia Rosen, Associate Vice-President For Innovation And Entrepreneurship, Arizona State University, Venture Catalyst At ASU — Scottsdale, Arizona (Part 6)

By guest authors Irina Patterson and Candice Arnold

Irina: Do you engage with companies after they’ve completed the incubation program?

Julia: Not as well as we should. This is a struggle that I think most accelerators have. Once you don’t see them quite as frequently, it’s harder to keep track. >>>

Business Incubator Series: Interview With Kerry Rupp, Managing Partner, DreamIt Ventures – Philadelphia And New York City (Part 7)

By guest authors Irina Patterson and Praveen Karoshi

Irina: Do you have any special initiatives at this time?

Kerry: I would say our expansion in New York City, which should be our first time operating in the city, this summer. We brought on a locally-based managing director, Mark Wachen, an entrepreneur who was the founder of the company called Optimost. Mark will now be running the New York program on the day-to-day basis this summer. We think he brings in a lot expertise and a [good] local network. >>>