
Perhaps the most shocking thing of knowing how Venture Capital in Silicon Valley works is to see the huge contrast with what happens in Latin America.
I am a friend of several of the people who lead or work at the main funds in the region. But back from my trip I could not help but feel disgust for how they carry out their role as VCs .
What is the problem? The problem is that Venture Capital is essentially about risk. All the VCs we met during the trip made that very clear. And here, nobody wants to take risks .
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