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Endeavor and Linda Rottenberg Profiled in The Christian Science Monitor

The Christian Science Monitor, a U.S.-based international news publication, recently profiled Endeavor CEO Linda Rottenberg and the story of Endeavor, spotlighting the organization’s journey and its rapidly growing global impact. In particular, the article calls […]

April 16th, 2014 — by admin

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Colombia’s Refinancia Announces Majority Acquisition By Encore Capital; Plans Expansion in Latin America

Refinancia, founded by Endeavor Entrepreneur and Colombian Board Member Kenneth Mendiwelson, recently announced news that the California-based Encore Capital Group has purchased a 51% stake in the company. An entrepreneur success story in Colombia, Refinancia’s announcement demonstrates the […]

February 28th, 2014 — by admin

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Dorsey, Horowitz, Donohoe to Headline 2013 Endeavor Summit in San Francisco! Register Now!

Endeavor is excited to announce the first group of confirmed speakers for the 2013 edition of our biennial Endeavor Entrepreneur Summit, to be hosted in San Francisco from June 19-21. Building on the success of the 2011 Endeavor Entrepreneur Summit, which drew 450+ participants – including 170 Endeavor Entrepreneurs and 90+ expert speakers – Endeavor expects this year’s event to be the largest and most dynamic Summit in its history.

The all-star line-up includes:

Jack Dorsey, Co-founder & Chairman, Twitter; Co-Founder & CEO, Square.

Ben Horowitz, Co-founder & General Partner, Andreessen Horowitz. Voted VC of the Year in 2011, Horowitz is widely considered one of the leading serial entrepreneurs turned investors in Silicon Valley.

eBay President & CEO John Donahoe. In 2012, Donahoe oversaw eBay in enabling $175 billion of commerce in 2012 (roughly 18% of all e-commerce worldwide).

SurveyMonkey CEO Dave Goldberg, who has raised over $450 million in equity financing for the world’s largest survey company.

Other notable confirmed speakers include company culture guru Jenn Lim (Zappos, Delivering Happiness); tech entrepreneur and sustainable food & agriculture angel investor Ali Partovi (Code.org, invested in Farmigo and Bright Farms); Cowboy Ventures founder and Kleiner Perkins Caufield & Byer partner Aileen Lee (also a former exec at the Gap, Odwalla and NorthFace); former Google exec and U.S. Navy officer Roy Gilbert; and Mitch Free, founder of MFG.com, the leading online marketplace for manufacturing products.

Attendees can also expect:

Exclusive “fireside chats” with long-time Endeavor supporters Wences Casares, Chris Schroeder, Gina Bianchini, John McIntire, and Andres Moreno of Open English

Small-group “hot topic” sessions with Endeavor Global Board Member Nick Beim; Amazon.com SVP International Diego Piacentini (a smash hit in his session at the 2011 Summit); Y Combinator Partner Geoff Ralston and a dozen others

In-depth workshops led by SAP’s design thinking team; Patrick van der Pijl, CEO of Business Models, Inc and producer of Business Model Generation; and the team behind “Delivering Happiness

Select Endeavor Entrepreneurs will also have the opportunity to join 20+ of Silicon Valley’s leading venture capital investors during a June 19th gathering of the Endeavor Investor Network (scheduled to take place just before the Summit kicks off). To register, click here.

Summit early bird prices for Endeavor Entrepreneurs and Endeavor network members run through Tuesday, April 30th. Over 100 Endeavor Entrepreneurs have already registered – don’t miss out! Register today!

 

Celebrity John Leguizamo Praises Endeavor Colombia Company in WSJ

 

Bogota-born actor and comedian John Leguizamo recommended Endeavor Colombia company Mario Hernandez as a “must visit” in a full page story on Bogota in the Adventure & Travel section of The Wall Street Journal. According to the write-up, “the leather [of the products] is buttery and the linings are cool. It’s all really well constructed and made to last.”  Owner and Endeavor entrepreneur Mario Hernandez can now add this story to his collection of press featured on his website.  Mario Hernandez was selected by Endeavor in 2012 and continues to thrive.

 

 

Studies from Endeavor Partners Reveal Caution and Hope Among VCs

 

Endeavor partners Ernst & Young and MIT Sloan School of Management both conducted recent surveys on venture capital. The MIT study, which focuses solely on Brazil, highlighted some conditions in Brazil that make it an attractive place to invest, including the fact that there is a rapidly growing middle class with increased access to credit, as well as high digital engagement. After the U.S., Brazil has the highest number of Facebook and Twitter users.

Meanwhile, the Ernst & Young Annual Global VC Report describes 2012 as a challenging year for venture capital. Both the amounts raised and the number of rounds declined to their lowest point since 2009, and the market came under pressure from the ongoing tough exit environment. However, according to the report, as VCs moved toward investing in later-stage, high-growth ventures, there was a rise in involvement from angel investors and crowd-funding platforms that helped fund companies in the start-up stage.

Linda Rottenberg’s Day 1 Speech

Linda Rottenberg, CEO and Co-founder of Endeavor, delivered a speech in Rio de Janeiro at the Global Entrepreneur Congress (GEC) hosted by Endeavor Brazil. The speech was part of Endeavor Brazil’s “Day 1” series, where entrepreneurs talk about days that forever changed their entrepreneurial journeys.

Linda spoke before a packed audience about her “Day Ones,” including the day when, as an Ashoka fellow in Argentina in the late 90s, she had her “eureka moment” and first thought up the Endeavor model; the day when Argentina business tycoon Eduardo Elsztain agreed to fund the launch of Endeavor’s first office in Buenos Aires; the day when Endeavor Global Board Chairman Edgar Bronfman, Jr. pushed Linda to ratchet Endeavor’s global presence up to 25 countries by 2015; and finally, the day when she realized that in order for Endeavor to lead a global high-impact entrepreneurship movement, she needed to hire senior leaders, thereby  transforming her team from a rock star into a rock band.

Other Day 1 speakers included Brad Feld, Managing Director of Foundry Group, Luciano Huck, Brazilian TV star (and the first Brazilian to garner one million twitter followers), and Edivan Costa, Brazilian Endeavor Entrepreneur and Founder of business registration company, SEDI.

 

 

Harvard Professor Donates Proceeds of New Book to Endeavor

Endeavor recently received notice that Thomas Eisenmann, the Howard H. Stevenson Professor of Business Administration at Harvard Business School, will donate to Endeavor the proceeds of his new book, Managing Startups: Best Blogposts.

The book is a collection of blog posts about startup ventures, covering important topics such as: Funding Management, Business Models, Lean Startup, Customer Discovery and Validation, Branding, and Product Development. Managing Startups will be published on May 15th, but is available here for pre-order on Amazon. Eisenmann said he chose Endeavor because of our focus on entrepreneurship in emerging markets.

Endeavor Mexico’s Fairtrasa Expands in Europe


Last week, Endeavor Mexico company, Fairtrasa, which produces and distributes high-quality organic and fair trade fruits and vegetables, acquired an established organic trading company in Holland to increase its sales in Europe.

With this acquisition, Fairtrasa is becoming a leading organic and fair trade fruit supplier in the European market. This will enable it to keep growing its farmer network and increase its economic and social impact. The company will now be called Fairtrasa Holland B.V.

 

 

MBLM-led creative workshop helps WeHostels focus on brand building opportunities

International marketing agency MBLM, a longtime Endeavor supporter, recently convened senior leaders for a day-long brand innovation workshop around WeHostels. Founded by Endeavor Colombia Entrepreneur Diego Saez-Gil, WeHostels is a mobile application that allows travelers to book hostels and budget accommodations around the world. Diego plans to build his company into the largest community of young travelers in the world.

MBLM’s workshop yielded a number of innovative ideas on how to reinforce WeHostels’ unique value proposition, as well as activation strategies to increase awareness of the brand. One idea led to the creation of the video “Where do you want to go before you die,”  in which Saez-Gil and NYC pedestrians shared their dream vacation.

For a summary of the workshop, see video below.

 

April 2013 Newsletter

To view Endeavor’s April newsletter, a recap of all the top news stories from the previous month, please CLICK HERE.

Reminder: To receive our monthly newsletters by email, please enter your email address in the sign-up box at the bottom of our homepage.

Endeavor Brazil hosts Global Entrepreneurship Congress in Rio de Janeiro

Last week, Endeavor Brazil welcomed non-profit executives, entrepreneurs, and policy makers from over 100 countries to the Global Entrepreneurship Congress in Rio de Janeiro.

The GEC is the main planning event for Global Entrepreneurship Week, a celebration and promotion of entrepreneurship that takes place each November in 115+ countries around the world. During GEW, NGOs, universities, and corporations host events that are designed to build their countries’ entrepreneurial ecosystems and to raise awareness of entrepreneurship as a viable career option. GEW was launched in 2008 by former Kauffman Foundation President Carl Schramm. Since that time several Endeavor affiliates have served as GEW lead delegates, planning events and recruiting partner organizations.

Each March, these lead delegates come together for the Global Entrepreneurship Congress, where they discuss best practices for planning GEW and for supporting entrepreneurship in their local markets. Past Global Entrepreneurship Congresses have taken place in Liverpool, Shanghai, Dubai, and Kansas City. This year, as lead host of the GEC, Endeavor Brazil managed all conference logistics, including fundraising and speaker recruitment.

Over the conference’s four days, attendees had the opportunity to hear from global policy and entrepreneurship experts including Endeavor executives and entrepreneurs.

Linda Rottenberg, Endeavor’s co-founder & CEO, moderated a panel discussion on the challenges of scaling a start-up to become a global player.  She was joined by Endeavor Entrepreneur Hernán Kazah, Co-Founder, MercadoLibre.com and Co-Founder, Kaszek Ventures; Dave McClure, Founding General Partner, 500 Startups; and Alexandre Hohagen, VP of Sales, Facebook LatAm and former LatAm Managing Director, Google. Hernán, Dave, and Alexandre spoke about the challenges of building a company in growth markets like Brazil, the importance of founders developing the skill sets needed to run large organizations, and best practices for hiring talent.

Linda also delivered- to a packed audience- an “Endeavor Day One Talk” about the moments that forever changed her path as an entrepreneur. Linda’s “Day Ones” included the day when, as an Ashoka fellow in Argentina in the late 90s, she had her “eureka moment” and first thought up the Endeavor model; the day when Argentina business tycoon Eduardo Elsztain agreed to fund the launch of Endeavor’s first office in Buenos Aires; the day when Endeavor Global Board Chairman Edgar Bronfman, Jr. pushed Linda to ratchet Endeavor’s global presence up to 25 countries by 2015; and finally, the day when she realized that in order for Endeavor to lead a global high-impact entrepreneurship movement, she needed to hire senior leaders, thereby  transforming her team from a rock star into a rock band.

Throughout these experiences, she stuck to one basic belief: crazy is a compliment. In fact, Linda told the audience, “If you’re not being called crazy, then you’re probably not thinking big enough.”

In addition to Linda, GEC attendees heard “Endeavor Day One Talks” from Endeavor Entrepreneur Edivan Costa, Founder, SEDI; Brad Feld, Managing Director, Foundry Group; and Luciano Huck, TV star, entrepreneur, and the first Brazilian to garner one million twitter followers.

After four days at the beautiful Lagoon in Rio,  the GEC ended with a celebration on Sugar Loaf Mountain that was catered by Endeavor Brazil company Spoleto.

 

Endeavor Turkey Company Peak Games releases new game, War of Mercenaries

Following the incredible success of games like Happy Farm and Kofsu Ciftlik (the Turkish & MENA version of Barn Buddy), Peak Games has released War of Mercenaries, a strategy game set in the Middle Ages.

Though the game hasn’t yet launched commercially, an alpha version of the game that is available on Facebook has received favorable reviews and feedback from users. Gaming blog Awesomecheats.com, for example, wrote that WoM, “has great potential to qualify as one of the best strategy games on Facebook.”

Sidar Sahin founded Peak Games in late 2010 and was selected by Endeavor the following year. Just 270 days after launch, their company had 10 million daily users. By mid 2012, Peak Games had become the third largest gaming company in the world.

To check out War of Mercenaries in alpha, click here.

 

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