Issue link: http://endeavor.uberflip.com/i/210522
INSPIRATION SCALING UP The Multiplier Effect After endeavor's high-impact entrepre- neurs scale up their companies, many begin to take on new leadership roles. Some speak at universities or entrepreneurship events targeting the next generation of leaders. Others mentor or invest in newly-selected Endeavor Entrepreneurs. In brief, Endeavor Entrepreneurs have an outsized influence on the 1 growth of their entrepreneurial ecosystem—what Endeavor calls "The Multiplier Effect." The hope is that the combined efforts of a community of high-impact entrepreneurs will help to develop flourishing ecosystems akin to what is seen in places like Silicon Valley. Case in point: In July 2013–16 years after the launch of Endeavor's first office in Buenos Aires—Argentine think- 2 tank Prodem released the results of a study, in which it asked 1,000 Argentine entrepreneurs to name their entrepreneurial role models. Four of the top-ten Steve Jobs: Wikimedia Commons user Matthew Yohe, Bill Gates: Wikimedia Commons user Dts News most-named role models were Endeavor Argentina Entrepreneurs. Coming in second on the Prodem list (sandwiched between Steve Jobs, who came in first, and Bill Gates, who came in third) was Andy Freire. In 1998, Andy and Santiago Bilinkis, his business partner and another name on the Prodem list, were chosen at the organization's first selection panel. The two P&G alums had left the 3 When 1,000 Argentine entrepreneurs were asked to name their entrepreneurial role models, Endeavor Argentina Entrepreneur Andy Freire was the second-mostfrequently cited person, after Steve Jobs and ahead of Bill Gates. corporate world to found Officenet, a warehouse-style retailer of office on the Prodem list—and Hernán Kazah, supplies. With Endeavor's help, Andy two Stanford Business School grads and Santiago reworked their owner- who had adapted eBay's model to Latin ship structure and expanded to Brazil. America by founding MercadoLibre. Endeavor also secured them a meeting Marcos and Hernán brokered a deal with the CEO of Staples, who would with eBay, which acquired a stake in buy Officenet in 2005. their company. Today, MercadoLibre is The following year, Endeavor selected Marcos Galperín—number five 23 the leading online marketplace in Latin America, with a Nasdaq listing, a market