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Startup Chile 101: Everything You Wanted to Know About Living, Working and Doing Business in Chile Paperback – January 16, 2013
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About the Author
Lustig is the managing partner of Magma Partners, a Latin America and US venture capital firm. He was part of the pilot round of Startup Chile in 2010 with his startup Entrustet, which was later acquired by a European competitor. As a freshman at the University of Wisconsin he bought a tickets and textbooks trading website and transformed it from a local site with under 2,000 users to a profitable national business with over 125,000 users by the senior year, leading to its acquisition by a publicly traded company in 2008. He has been featured in hundreds of international media outlets including NY Times, The Economist, TechCrunch, Forbes, BBC and more. After Entrustet, Lustig moved back to Chile to work for a Chilean startup and pursue more business opportunities. He currently teaches entrepreneurship at two Chilean universities and is working on new technology projects. He is also the founder of Capital Entrepreneurs, Madison, WI's entrepreneurship organization and is the cofounder of Forward Technology Conference. You can follow him on twitter @nathanlustig or read his blog Staying Out of The Cubicle at http://www.nathanlustig.com.
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Top Customer Reviews
Set up in 2010, Start Up Chile has now inducted over seven generations of foreign born entrepreneurs (not just students, even if the age of the typical SUPChile entrepreneur falls between 18-40) . The program is open to all/foreign entrepreneurs of any age, offering incentives to applicant winners of 40000$ equity free capital, office space and an initial year long visa in Chile (that is extendable, depending on how well you have capitalised your opportunities) and serves as an equal inspiration to locals too, who get tremendous exposure to some of the world's most dynamic entrepreneurs and work ethos.
Nate Lustig is a prolific blogger who advocates Staying Out of the Cubicle for all, but started out as a superyoung entrepreneur who ended up in the pilot round of SUPChile and was so impressed by the experience that he wrote a book on his time there, hoping to help out several entrepreneurs and entrepreneur-aspirants wanting to test their dreams on new international shores. The beauty of his book is that it is exhaustive and yet so concise, sometimes he veers off so concentratedly into other aspects of Chilean life, you realise why finding a traditional mainstream publisher for such a book (or digest) would be very hard/pointless. He is candid about his observations but offers generous awe in return:
In my initial round, the Chilean government spent $ 920,000 on entrepreneurs, plus likely another $ 300k on offices, salaries, promoting the program and travel. So for $ 1.25m, Chile got three big things. First, it's the best PR campaign in history ... Chile appeared in The Economist, Wall Street Journal, Forbes, NY Times, BBC, Financial Times and every influential tech blog in the