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Juanma Gironella's avatar

Agreed; in my experience, the KPIs with which US-based startups raise (ARR) is way below what startups in LatAm are required to raise comparable rounds.

Series A risk in LatAm requires series B metrics due to lack of exits / additional risk for VC’s…

Local VC’s could be more aggressive and use their connections to increase the odds of subsequent rounds of funding (with international VC’s) but most limit to making intros vs actively facilitating those rounds… meaning only supernovas get through!

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Patrick M.'s avatar

Couldn't agree more Juanma, especially with the fact that Series A start ups in Latam require Series B metrics, its a great way to frame it. Abrazo!

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Carmen's avatar

Muy útil!

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