latam angels sxsw presentation estuardo robles ppt

Latin American Angel Networks

Latin American Angel Networks: Evolution and Future Opportunities

• Historical & Cultural Perspective• Impact of Internet & Social Networks• Current State of Angel Networks• Timing is good and future is bright!

The Region in perspective

Latin America

Guatemala

Monterrey

Campinas

Santiago

Panama

2 languages: Spanish and Portuguese

1/12 of World’s population.

COUNTRY POPULATION

Guatemala 13,776,517 Argentina 40,134,425 Bolivia 10,907,778 Brazil 192,272,890 Chile 17,063,000 Colombia 45,393,050 Costa Rica 4,253,897 Cuba 11,236,444 D. Republic 8,562,541 Ecuador 13,625,000 El Salvador 6,134,000 Honduras 7,810,848 Mexico 111,211,789 Nicaragua 5,891,199 Panama 3,322,576 Paraguay 6,349,000 Peru 29,461,933 Puerto Rico 3,967,179 Uruguay 3,494,382 Venezuela 26,814,843Total 561,183,291

San Jose

Sto Domingo

Curitiba

CordobaMontevideo

Lima

• Latin America: 560 Million person market (190M are Brazilians)• Combined GDP exceeds $5 Trillion• Highest mobile density in the developing World• Highest urban density in the developing World, by far• Mexico City and Sao Paulo still largest cities in the World • Forward thinking: women and indigenous presidents

• Dilma Rousseff - Brazil• Michelle Bachelet – Chile• Cristina Kirchner - Argentina• Violeta Chamorro – Nicaragua• Laura Chinchilla - Costa Rica• Mireya Moscoso – Panama• Alejandro Toledo – Peru• Evo Morales - Bolivia

Curious Facts

Latin America

Latin American Angel Networks

For the first time EVER in history!!!

Latin America

Approximate GDP Growth Of Latin American Countries in the past 2-3 years

Brazil 5-6%Peru 6-9% (7.5% 2011)Chile 6-7%Panama 7-8%Costa Rica 4%Dominican Republic 7-8%Mexico -6% - 5%Argentina 6-9%Latam Whole: 4.5% in 2010

Source: America Economia

Antes América Latina era el problema y hoy es parte de la solución"Felipe Larraín, Chilean Minister of Treasury (Hacienda)

Small deals, closed circles, and risk aversion overkill

Historical Funding absence

Capital Requirements

Time

Seed Start-up Growth Expansion

Friends, Family, Fools - FFF

Business Angels

Venture Capital

IPO / PE / M&ARisk: ELEVATED

Risk: LOW

Latin American Angel Networks

Two key detonators were:

• 1995-2005 Internet Mass Adoption• 2005-2011 Social Media & Social Networks

• In the last 3 years alone• Being an Angel becomes popular• Formation/Formalization of Networks• Organization at a Regional Level• Crossborder deal-sharing begins

The Web and Social Networks as Detonators

Advent of the Angel

Latin American Angel Networks

35+ networks within an association

Angel Networks: Current State

Latin American Angel Networks

35+ networks within an association

Angel Networks: Current State

Latin American Angel Networks

A combination of 3 factors make timing right:

• Advent of the Angel in Latin America• Economic Growth in Latin America• Surge of Crowdfunding on a global scale

The starts are aligning themselves

Timing is Right: Future is Bright

Latin American Angel Networks

• Program by CORFO and Innova Chile• $40,000 to start• Access Access Access!!

• Additional funding• Clients and partners

• Plan to bring 1,000 entrepreneurs

You don’t have to be Latin to get funded

Entry point to Latin America

Latin American Angel Networks

By Latin American Angel Networks

Thank you for your time!

Session Feedback much appreciated

You may reach Latin AmericanAngel Networks @:

www.inverisonistasangel.com

Estuardo Roblestatarobles@inversionistasangel.com@tatarobles