Extraordinary news for the entrepreneurial environment in Mexico and Latin America.
Members of the SV Links network are now co-investors with Sequoia Capital now that it has included Rever among its investments. Congratulations to Errette Dunn and her team for this achievement and responsibility. Sequoia has invested in companies such as Apple, Google, WhatsApp, and YouTube.
Start Ups and Canceled Airports
This good news came at a time when Mexico was shaken by the contrasting decision to interrupt the construction of the new international airport in Mexico City. Apparently these two pieces of news have nothing to do with it, but it is a reflection of the contrasts that Mexico and many Latin American countries are experiencing at this time. On the one hand, strong entrepreneurs, visionaries, avant-garde versus past public policies and corrupt practices of the political system that use the least educated and favored as their main political asset to continue with their anachronistic agenda.
Entrepreneurship is undoubtedly a new way of doing politics, of turning around out-of-date development models and causing disruption. The companies in which Sequoia has invested: Google, Apple, WhatsApp, Dropbox, YouTube, Instagram, Paypal, Electronic Arts, Oracle, Yahoo and another 250 others have generated a market value of more than 5 trillion dollars, with that money they can pay more than 500 airports like the one they want to cancel. The economic value produced by technology startups in Silicon Valley is of a magnitude that makes it difficult for us to understand the number of zeros they contain and what can be bought, built, educated and improved with those resources.
Rever, this company founded by a Mexican based in Silicon Valley is now in that lane, which will soon be a Formula 1 highway because of the speed at which its new investors will submit it. Rever has its head in Silicon Valley but part of its members, in Mexico. Undoubtedly, as the company grows, the economic flow to this emerging country will be greater and greater thanks to having a presence in a place that gives access to the global market. Not only will the investors or employees of this, now a small startup, benefit, because its business and value proposition leads to enable all workers of manufacturing companies to capture their knowledge generated on the manufacturing floor in improvement actions that at their Once the benefit will be shared with those who propose and execute those actions.
Doing politics with entrepreneurship
An example of the transformation of an entire country caused by its entrepreneurs can be found in Estonia where the founders of Skype were a huge catalyst in the transformation of that small country.
Also a great entrepreneur from the Dominican Republic who got tired of politics in Washington DC realized that she can influence more through entrepreneurship. Paola Santana has achieved more positive impact on society through entrepreneurship. In this interview it is very clear how he did it.
http://content.blubrry.com/tercos/EVDLT_02_22.mp3 [/ embed]
There is hope
On a recent trip to Mexico I perceived this openness and willingness of many entrepreneurs to start investing in startups, of the youngest to undertake new projects and not necessarily inherit the family business and in particular the high school students of Liceo del Valle school to follow the example of the founder of Rever, a graduate of the same school to whom he dedicated this message: