3 5
MULTIPLIE R E FFECT
Local tech ecosystems in emerging markets matured by leaps and bounds over the past two
years, due to increased attention from global investors and accelerated digital adoption
worldwide. Endeavor's multiplier effect (i.e. entrepreneurs inspiring, mentoring and
investing in the next generation of entrepreneurs) has also been on full display. "Mafias" or
former employees and executives of iconic companies that have gone on to start their own
companies are proliferating in our markets. The "Rappi mafia'', for example, has become globally
recognized with some venture firms estimating that 100+ startups have emanated from this
network alone. We are also witnessing this within our own funds: Endeavor Catalyst IV has 100+
Endeavor Entrepreneurs as investors!
E N D E AVO R C O M PA N Y
E N D E AVO R C O M PA N Y
A N D I N V E ST M E N T
R A P P I FO U N D E R S I N V E ST E D
FO R M E R E M P LOY E E S O F R A P P I
B OT H
FUND IV: FUND III: FUND II: FUND I:
125 125 60 60 51 51 38 38
E NDEAVOR E NTRE PRE NEURS AS INVESTORS
30% of our Limited Partners are Endeavor Entrepreneurs!
