2022年6月2日

创业生态系统的进化在墨西哥股票墨西哥的第一个独角兽出现在不到两年前:Kavak是第一个墨西哥启动2020年10月达到10亿大关。从那时起,其他七个独角兽已经在这个国家出生的。但这是多年的进化的结果在墨西哥的创业生态系统。它没有成为拉丁美洲最强劲的创业中心过夜。本地创造的创业指数数字,但也从其他国家许多拉美企业家来扩大业务。他们知道,征服墨西哥市场意味着他们可以在任何地方成功。努力在2022年的研究报告,“墨西哥最大的目标市场区域内的扩张过程。据高盛(Goldman Sachs),墨西哥将代表2050年世界第五大经济体。墨西哥人口超过1.26亿人,关系密切的美国,一个成熟的工业部门,和一个高智能手机和互联网的使用。这些特点使它成为一个特别创业的沃土。也是该地区的第一个国家调节fintech部门,在2017年,通过了一项法律,将墨西哥与国际社会相媲美。 Also, already ten years ago , the country produced graduates in engineering and technology at rates similar to those in the United States. We could trace the beginnings of the startup buzz in Mexico back to 2006. This was when the international business development program TechBA selected fifty Mexican individuals to travel to Silicon Valley to learn about startup entrepreneurship. This laid the ground for two TechBa participants, Santiago Zavala and Cesar Salazar , to replicate the Super Happy Dev House movement in Mexico City. In short, it consisted of events where technology enthusiasts gathered around the “hacker culture.” Zavala and Salazar also founded the Mexican.VC accelerator, which was acquired in 2012 by 500 Startups . Alta Ventures was another local VC fund that began to raise capital for upcoming startups. Specifically, the event that encouraged the creation of a more established investment network for startups was the first conference of the Mexican Association of Venture Capital and Private Equity in 2009. Around the same time, one of the most influential angel investors in Mexico, Hernán Fernández, founded Angel Ventures . And a few years later, the National Entrepreneurship Institute ( INADEM ) was created for the government to go all-in on funding innovation. One of the entrepreneurship cases worth mentioning is Linio, one of the first e-commerce companies in Mexico . As it entered a market with a non-existent ecosystem, Linio had to create support systems and build an e-commerce culture from scratch. But Linio’s most exciting legacy was the Linio Mafia. Former Linio employees built over 66 companies in Latin America: a multiplier effect similar to Paypal Mafia. Since then, local VC funds have continued to invest in Mexican startups, and international investors have also started to pour funds into the country. VC investment grew at such a high rate that in 2021 Mexico recorded a $3.8B capital influx. Fintech has been the most relevant sector for venture capital throughout the years, specifically in the following segments: loans, payments and remittances, business finance management, and crowdfunding. To put it into perspective, five of the leading fintech players in Mexico alone have raised $686.8M . World-class venture capital funds arrived in Mexico as local startups reached advanced stages and began looking for Series C and D financing. Some of these global funds are Softbank, Sequoia Capital, Andreessen Horowitz, Goldman Sachs, Temasek, DST, and Tencent. Before 2016, foreign VCs led practically no investments in Mexican startups. But since 2019, the number of deals led by global VCs has multiplied, and their presence grew stronger even during the pandemic. When the pandemic started in 2020, Mexico had zero unicorn startups. Fast forward to 2022, 8 unicorns were born on this ground. The first one, Kavak, reached unicorn status after a $400M round where Softbank and DST participated. Today, Kavak’s valuation is around $8.7B. Global funding appearing on Mexico’s scene was a significant milestone, as it provided large amounts of capital and a profound understanding of how to scale up promising businesses. As some of the most prominent startups in Mexico continue to grow, new mafias with years of accumulated expertise will arise to build even better businesses. Local entrepreneurship has immense potential, and foreign VCs are only starting to scratch its surface.