I am surprised many people do not know her. Greta is a 16-year old teenager from Sweden that has become one of the leading environmental activists raising awareness of the risks posed by global warming and the climate crisis. I think she is one of the activists that could influence politicians, governments and other decision-makers around the world to move to action to reduce carbon emissions.
As a Venture Capitalist in Mexico (also investing in Latin America) I continue to be very excited about the opportunity I see in front of me. Mexico has seen an incredible growth of its entrepreneurial and venture capital ecosystem in the last 5 years. Today, we have more than 120 active venture capital fund managers in Mexico, from accelerators/seed to late stage venture. These funds have invested in close to 1,000 startups/companies over this 5-year period, representing more than $1.8 billion dollars invested, and growing at 56% year over year, an unprecedented pace of growth. Well-known startups include Clip, Konfio, Cornershop, Kubo Financiero, Kueski among many more.
Let me share some invitations for very interesting women entrepreneurs programs:
WeXchange, the best Latam forum for women entrepreneurs organized by IDB Lab with networking, mentoring, training and pitching competition. To be held in Asunción, Paraguay in November 13-14. Free event.
Cartier Women’s Initiative, a global program founded in 2006 that supports early-stage impact-driven businesses led by women entrepreneurs through coaching & mentoring, access to networks, media visibility and prize money (up to USD$100k each). Application deadline for 2020 cohort is August 14.
My new book recommendations
with a mix of fiction and non-fiction.
The Uninhabitable Earth by David Wallace-Wells. A must read book on the climate emergency and the impact it is having and could have in different aspects of the earth and humankind. I think we all need to understand better the implications of the climate crisis the planet is having.
Phshing for Phools by George A. Akerlof and Rober J. Shiller Interesting economic research that shows that the invisible hand of the market not necessarily generate the best outcome for buyers.
Bad Blood: Secrets and Lies in a Silicon ValleyStartup by journalist John Carreyrou. Great chronicle of the rise and fall of the startup Theranos and its founder Elizabeth Holmes.
AI Superpowers: China, Silicon Valley, and the New World Order by Kai-Fu Lee. An interesting non-fiction work that describes the evolution of AI technology in the US and China presenting possible future scenarios. Worth it if you want to know more about the dynamics of AI technology.
What Are You Looking At?: 150 Years of Modern Art in the Blink of an Eye by Will Gompertz. Worth it reading if you want to know more about the history and evolution of the modern art. It dedicates plenty of chapters to explain how many of the modern art movements started and why. Interesting read if you like modern and contemporary art.
Remembrance of Earth’s Past science fiction trilogy (Individual novels titled The Three-Body Problem, The Dark Forest and Death’s End) by Liu Cixin. If you like science fiction, don’t miss this great hard science trilogy with a Chinese point of view, very different from what I’m used to in other science fiction. It won a science fiction Hugo Award for Best Novel, in 2015. Looking forward to reading more from the author.
Folding Beijing by Hao Jingfang. An entertaining science fiction novelette. First Chinese science fiction I read.
Quick reminder that tomorrow May 9th is the last day to register for the MIT Inclusive Innovation Challenge. This registration takes only 5 minutes. If you register by May 9th, you will have 14 more days to complete your application (May 23rd).
This challenge is
looking for entrepreneurs using technology to drive a more prosperous and
inclusive economy for people at the middle and bottom of the pyramid. The challenge categories are: Skills
Development & Opportunity Matching, Income Growth & Job Creation,
Technology Access & Financial Inclusion.
will award over $1.6 million dollars to
its regional and global winners, equity free. Start-up’s or entrepreneurial
organizations of any age, size, or type (for-profit or non-profit), located
anywhere in the world can apply.
What do you do currently?
The International Finance Corporation (IFC) is the private investing arm of the World Bank Group where we invest on average $20 billion per year in emerging markets to help support the World Bank’s twin goals of alleviating poverty and improving equality.
I help lead the IFC investments across Latin America focused on Venture Capital. Our team invests in innovative early stage technology companies in many sectors including health, logistics, mobility, fintech, internet, and B2b SaaS.
Over the past ten years, we have allocated more than a billion dollars to startups across all emerging markets. In Latin America, we have invested in some of the leading technology companies including Loggi (Brazil), Liftit (Colombia), Clínicas del Azúcar (Mexico), and Konfío (Mexico).
In addition to direct investments in startups, we also invest in best-of-class VC fund managers. Continue reading →
The MIT Inclusive Innovation Challenge is looking for entrepreneurs using technology to drive a more prosperous and inclusive economy for people at the middle and bottom of the pyramid. The IIC will award over $1.6 million dollars to its regional and global winners, equity free.
You should apply if you are an entrepreneur with a start-up or entrepreneurial organization of any age, size, or type (for-profit or non-profit), located anywhere in the world that is creating economic opportunity for moderate and low income earners.
May 9th is the last day to register for the regional challenges. This is a 5 minutes registration. You will have 15 more days to complete your application, if you register by May 9th.