Endeavor

2013 Endeavor Impact Report

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ENDEAVOR IMPACT REPORT 2012 – 2013 capitalization of $6 billion, and 3,000 the entrepreneurs began "paying it employees. forward." Each entrepreneur started The final Endeavor Entrepreneur investing in an array of technology start- to reach the "top ten" of the Prodem list ups and devoted time to mentoring their was Wences Casares. When Endeavor founders. selected Wences in 1998, he was a As their success fanned out, an 23-year-old college dropout who had interesting pattern emerged—a few started an online brokerage platform, highly influential entrepreneurs played a Patagon.com. Endeavor organized a major role in developing a thriving local roadshow for Wences that resulted in technology sector. By 2012, Buenos Aires a $4 million fund raise. Two years later, was home to offices of Google, eBay, Wences sold Patagon.com to Banco Facebook, and Yahoo!. The tech sector Santander for over $750 million. "Bain has been proud to work with Endeavor to generate greater insight into entrepreneurial success and to help the organization build on its best practices and increase its impact." had created more than 30,000 jobs But these entrepreneurs' stories Chris Bierly Partner, Bain & Company ENDEAVOR SENIOR ADVISOR and $1.7 billion in revenue in Argentina, didn't end when they exited their representing almost half a percent of the companies. All but Galperín have since country's gross domestic product. left to start new ventures. Much as The unexpected success of the $72m they had received counsel from others, Argentine ecosystem led Endeavor big numbers: OFFICENET $ 3.2m REVENUE IN 2000 revenue IN 2004 Endeavor Entrepreneurs Andy Freire and Santiago Bilinkis in a warehouse of Officenet, an office supply chain that they sold to Staples in 2005.

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