Entrepreneurship in emerging markets '15 Stanford MBA

“Changing the way how society sees entrepreneurship”

Horacio Melo. @hora8

[email protected]

My journey

Application process

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1" 2" 3" 4" 5" 6" 7" 8" 9" 10" 11" 12"

Applica'on*Process*

Applica2ons" Selected"

*Stanford 5.1% 2014

Acceptance rate

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5%#

10%#

15%#

20%#

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1# 2# 3# 4# 5# 6# 7# 8# 9# 10# 11# 12#

Acceptance(rate(

17,930'

1,273'

Applica/ons' Selected'

Total&Applicants&

Total applicants

Top selected countries

Country TotalChile 20%United-States 20%Argentina 9%India 6%Brazil 4%Spain 3%Italy 2%Colombia 2%Russian-Federation 2%Venezuela 1%

Stage of the business

Concept,)11.3%)

Func0onal)Product)with)Users,)33.9%)

Scaling)Sales,)8.2%)

Working)prototype)in)Development,)46.6%)

Product type

Physical)Product)(Hardware),)9%)

Physical)Product)(Non9Hardware),)3%)

Service,)34%)So>ware,)54%)

Top industries raising money

IT#&#Enterprise#So/ware,##$24,280,000##

E8commerce,##$22,746,000##

Mobile#&#Wireless,##$17,944,000##

Energy#&#Clean#Tech,##$6,780,000##

Social#Enterprise,##$6,550,000##

Healthcare#&#Biotechnology,##$4,400,000##

*USD $87M (95% of total raised)

The other 5%…

*USD $9.3M

Social'Media/Social'Network,''$2,940,000''

Educa9on,''$2,055,000''Tourism,''$1,300,000''

Media,''$1,200,000''

Other,''$650,000''

Natural'Resources'E'mining,'food,'lumber,'etc,''$450,000''

Media'and'Adver9sing,''$425,000''

Finance,''$300,000''

Accomplishments

Challenges

Learnings from SUP experience

Never stop hacking

❖ “If you life were a book and you were the author, what would your story be?”

- Amy Purdy.

Thanks!