Startup Latin America: Deep Dive Into Chile’s Accelerator Ecosystem

The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!

Chile’s startup ecosystem has carved out a unique and globally recognized identity, driven largely by a groundbreaking government initiative that changed the region’s entrepreneurial landscape. The country is a leader in Latin America, celebrated for its pro-business environment, well-educated talent pool, and a strong focus on fintech, foodtech, and cleantech.

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Bootstrapping an AI Startup to $10M from Boise, Idaho: Christian Perry, CEO of Undetectable AI (Part 4)

Sramana Mitra: Let’s get to the exciting Undetectable AI story. What was going on in your mind? What problem did you want to solve, knowing that ChatGPT was taking off around you?

Colors: Window III

I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Window III

Window III | Sramana Mitra, 2023 | Watercolor, Ink, Pastel | 9 x 12, On Paper

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October 16 – 704th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 704th FREE online 1Mby1M Mentoring Roundtable on Thursday, October 16, 2025, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST.

If you are a serious entrepreneur, register to Pitch and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register to Attend to watch, learn, and interact through the online chat.

You can learn more here and and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be Interested.

703rd 1Mby1M Roundtable Recording

In case you missed it, you can listen to the recording of this roundtable here:

Roundtable Recap: September 25 – Top-Down TAM is Useless

During this week’s roundtable, we had five pitches from entrepreneurs. I keep repeating myself: Top-down TAM doesn’t matter. You must come up with Bottom-Up TAM. If you need help, please upload your slide deck to our AI Mentor and ask for help modeling TAM.

Daksha

First up, today, we had Manuj Gupta from Noida, India, pitch Daksha, an employee training platform that is already in revenue.

AthrvCloud

Then we had Jayanta Panda from Bhubaneswar, India, pitch AthrvCloud, a DevOps platform that has also started seeing some customer interest.

AceAbhishek.com

Next Abhishek Awalkar from Pune, India pitched AceAbhishek.com, a concept-stage security venture.

MyVendorStore

Then we had Ananthu Raju from Bangalore, India, pitch MyVendorStore, a marketplace for live EdTech courses.

ShelfEx

Later, Gaurav Sethi from Haryana, India, pitched ShelfEx.

You can listen to the recording of this roundtable here:

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Startup Latin America: Deep Dive Into Cali’s Accelerator Ecosystem

The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!

Cali is a rising star in Colombia’s startup ecosystem, known for its strategic location as a major industrial and logistics hub. The city’s strengths lie in sectors like agribusiness, fintech, and logistics, driven by its proximity to the Pacific coast.

Startup Latin America: Deep Dive Into Medellín’s Accelerator Ecosystem

The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!

Medellín is a remarkable example of urban transformation. Once known for its complex past, the city has successfully leveraged a public-private partnership model to become a beacon of innovation, a fact often reflected in its nickname, the “Silicon Valley of South America.” The city has a strong, collaborative culture and is a leader in edtech and software development.