Buenos Aires Entrepreneurs Leveraging Public Policy to Boost Startup Ecosystem

When you arrive in Buenos Aires, there is an immediate sense of prestige; European culture is everywhere.

You are reminded of this as you receive a customary kiss on the cheek during business greetings, pass Italian architecture, and hear echoes of distinct Argentine Spanish. The city is riddled with Euro-culture that will leave you disoriented.

This has attracted digital nomads and tech behemoths from all around the world, which in turn have taken part in creating one of the most potent cities for technology startups in Latin America. With all of this rich history and developed culture, you wouldn’t think twice about its economy.

Busting 5 myths about the startup scenes in Latin America

By Dylan Van der Wegen11 October, 2016Blog-english

Author: Francisco Coronel

Publication: VentureBeat

Link to the original article

VCs should give Latin America another look

Latin American startups are moving into the spotlight, and in the last six months, there have been big funding stories in the region, including Brazilian fintech startup Nubank, which raised $50 million, and on-demand food delivery service iFood, which picked up $30 million. Additionally, Mexican grocery shopping service Cornershop received $6.7 million in Series A funding, and the Argentinean-born Satellogic has accumulated a total of $30 million in multiple rounds.