from Hacker News

Startup Chile's Successful Companies

by kcole16 on 10/2/15, 2:24 AM with 5 comments

• by Animats on 10/2/15, 6:43 AM

  From the article: "Most of these acquisitions appear to be “acquihire”-type deals, and the terms are undisclosed."

  "Only about 1% of Startup Chile companies have completed a Series A (or greater). For these companies, the average time from founding to A round is 2.25 years. Three companies have reached B (SaferTaxi, Cabify, Opendoor), and Cabify reached C. It’s worth noting both of these companies are taxi-on-demand."

  "< 1% of it’s companies have achieved a liquidity event."

  The success that isn't a cab company, Opendoor, is basically an AirBnB copy. Uber is moving into Chile and seems to be beating SaferTaxi.

  That's disappointing.

• by guard-of-terra on 10/2/15, 6:55 AM

  Chile is so awesome that I'm seriously consider moving there. The contrast with neighboring countries is also astounding.

• by peterjancelis on 10/2/15, 6:29 AM

  DataCamp also did TechStars NYC.

  There are also successful companies that were bootstrapped, e.g. TheInternGroup.