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Endeavor Impact Report 2013–2014

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ALEPHSA CELUTICKET.COM CIUDAD DE MASCOTAS CIVICO ECOPUNTOS ENTER.CO INMEDIA INTELWAYS LOCALO LYSIS MAPACHE STUDIOS MASHPEDIA MELOALQUILAS OSK DESIGN PAPATEL PLATAFOR.MA SELOCOMPRO SENSETA SERVERQUO SNAPPYGO SOLOCONTRATA TIENETIENDA .COM TORTOLOS UNDERTAIL BLUR TEAM BODA PLANES BOOKING MARKETS COMPARAMEJOR CONVERTING MEDIA COTIZA .CO DASHBELL LASPARTES LETMEGO NEXTMATCH.ES NUEVAGENDA REVISTERO VIRTUAL SEGUROFACIL SEGURODIGITALES TAPPSI VERNEVIL TRIPEEZY COCODRILO DOG GAMES CIBERIX TWNEL EFECTO STUDIOS SUPERIOR IMPACTO AKUOS SEQUOIA SPACE MANGO TREE TALENT SURFERS VIVAREAL GOLPREDICTOR BODA LATINA DYNAMO CASTING123 LANGUAGE123 BUNNY INC. MELOCOMPRO TUYOYO MUVII NDI TERAVISION ENIACNET TORRENEGRA LABS MANTARAYA TRAVEL This network map of Bogotá's tech sector illustrates how the number of companies, their influence, and the ecosystem as a whole have grown. Circles represent companies and their founders. Connections can exist between founders (mentorship, inspiration), a founder and a company (investment), or can represent a founder moving to a new company (former employee, founder). As companies and their founders become more connected, more arrows flow outwards and the circle grows. When successful entrepreneurs reinvest in their local networks, their impact multiplies. Endeavor prepares its entrepreneurs to take on a wider role within their ecosystems—in fact, 90% of Endeavor Entrepreneurs serve as angel investors, mentor other entrepreneurs, or actively promote high-impact entrepreneurship by giving speeches and appearing in media coverage. Endeavor company Endeavor-connected Mentorship Inspiration Investment Founder Circle size reflects the number of outgoing connections at each company. In 2011, Endeavor Insight began measuring the strength of entrepreneurship communities around the world by analyzing the connections between local entrepreneurs. When Endeavor Insight studied the technol- ogy sector in Bogotá, Colombia —interviewing more than 200 local tech entrepreneurs, they found a dense network of connections among companies. In total, 319 instances of mentorship, inspiration, and investment among entrepre- neurs helped to drive the growth of approxi- mately 150 new companies between 2007 and 2013. Companies in this sector generated 6,000 jobs for the city's economy. Mapping Bogotá's Tech Sector 28 ENDEAVOR IMPACT REPORT 2013–14

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