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Endeavor Italy Impact Report

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REINVEST Endeavor is an organization of, by and for entrepreneurs. They are motivated to pay it forward, reinvesting their financial gains, expertise and time to support the network's goal of long-term sustainability and expand its impact. Many entrepreneurs eventually move to the other side of the table and become panelists at International Selection Panels and mentors to other founders. The best ones often become board members and Endeavor Catalyst investors. Endeavor Entrepreneurs are expected to give the organization an annual service fee and, in the event of an acquisition, are asked to donate 2 percent of their personal equity to the organization. Across all of its local offices, Endeavor has launched giveback programs to encourage entrepreneurs to support the organization's work and ongoing growth. Martín Migoya, Guibert Englebienne, Martín Umaran, and Néstor Nocetti founded software solutions company Globant in the middle of Argentina's economic depression. They were rejected the first time they attended an Endeavor International Selection Panel. GLOBANT an Endeavor success story GLOBAL IMPACT METRICS >>> 17

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