Social Confoes 23 - Startups in Latin America with Enzo Cavalie

Enzo Cavalie joins Diego and me on episode 23 #SocialConfoes. He’s born and raised in Peru but found the startup and venture capital space lacking in the region. With a background in economics he moved to Mexico to start a career in VC. We’ll explore the startup and venture capital space in Latin America and much more. Additionally, he writes about these topics and hosts his own podcasts where he interviews industry leaders in Latin America through his platform Startupeable.

Episode Overview
0:00 – Introduction
2:15 – The biggest excuses that entrepreneurs use when it comes to business
4:48 – The state of startups in Peru
9:34 – Startup and VC opportunities in Mexico
12:36 – How important is it to be good in Spanish
17:34 – What do you need to have in place as a startup to be interesting enough for VCs?
23:59 – Providing solutions for people or providing a workplace
31:14 – Do we even need VC culture in Latin America?
36:16 – How do you identify “pedigree” in people?
40:50 – What happens to the money in a non-performing startup?
43:39 – Are VCs often directly involved in operations?
46:28 – How do VCs deal with political and currency risks?
50:07 – Adopting Bitcoin and alternatives in Latin America
54:21 – Quick fire final questions
1:03:18 – Closing off

Social Confoes is Hosted by:
Diego Ameerali - https://diegoameerali.com/
Jeanluc van Charante - https://jeanluc.sr/