Chilean Startup Program Bets on U.S. Market, Unveils New Fund Amid Uncertainty
Startup Biobío, the program backed by the Chilean Economic Development Agency (CORFO), is raising $5 million for a fund to invest in alumni scaling in the U.S.
How I Secured Capital for My Early-Stage Startup as an Immigrant
I came to the U.S. with a dream of building my own business. Like many immigrants, I lacked a strong network for a 'friends and family' round. How did I manage to secure 150K in funding with nothing but an idea, while still on an H1B visa?
How International Startups Can Seize Opportunities in Climate Adaptation
At a recent event hosted by Climate-KIC, investors, policymakers, and founders discussed the potential of solutions to threats such as hurricanes, rising sea levels, and extreme heat.
Over 50% of top climate risk software startups are led by international entrepreneurs
More than half of climate risk software companies, which collectively have raised over $930 million in the past…
Underdogs Rising: Immigrants built 62% of U.S. and UK “unicorns”
A new study has found that 70% of U.S. and UK ‘unicorns’ — companies worth over one billion dollars — have “underdog founders” such as women and people of color. First or second generation immigrants built 62% of these startups.
The Vertical announces IMMIGRANT FOUNDERS REPORT 2024. Showcase your leadership in supporting diversity
The Vertical’s Immigrant Founders Report is the first in-depth examination of international talent in the U.S. startup ecosystem.
The pitfalls of mentorship and “Smart Money” in startups
Leaning too heavily on a mentor's guidance can foster unhealthy dependency, impede necessary pivots, and stifle innovation, writes serial entrepreneur Michael Burtov. What are the red flags?
News flash: Your startup’s investor pool just got way bigger
U.S. legislators are updating requirements for “accredited investors” — people or organizations that are allowed to invest in startups. The lifelong entrepreneur and consultant Michael Burtov explains how immigrant founders could benefit.
Board of Directors vs Board of Advisors: Startup’s Brain vs Soul
In essence, a board of advisors is more concerned with a company's strategic interests, while a board of directors focuses on advancing the interests of shareholders. This distinction seems subtle, but for many companies that originate outside the U.S. startup ecosystem, this can be quite a foreign concept. Lifelong entrepreneur Michael Burtov explains the difference between the two.
Underfunded, Underrepresented: Latinx founders forge paths in the U.S. venture ecosystem
Latinx-owned businesses are the fastest-growing demographic among all U.S. entrepreneurs, according to reports. However, less than 1% of funds from the top 25 venture capital and private equity firms have invested in Latinx-led enterprises. Why does this lack of Latinx-led business funding persist?