Issue link: http://endeavor.uberflip.com/i/414924
Even before the ipo, Marcos and Hernán started reinvesting in the network by mentoring and investing in up-and- coming Buenos Aires entrepreneurs. Marcos eventually joined Endeavor Argentina's Board of Directors and donated $1m to Endeavor Argentina. Hernán launched Kaszek Ventures, a venture capital fund, with MercadoLibre's former cfo, Nicolas Szekasy, that has invested in over 20 regional companies. Nicolas Szekasy also joined Endeavor Global's board. In the years following the ipo, Endeavor often used MercadoLibre's story to demon- strate the impact that the organization and its entrepreneurs could have. They knew, anecdotally, that Marcos and Hernán were giving back, but they hadn't measured the entrepreneurs' impact against the broader ecosystem. Endeavor's Board of Directors challenged the organization's research arm, Endeavor Insight, to analyze the tech ecosystem of Buenos Aires. The ultimate goal of the project was to find a way to better understand and measure the effects of high-impact entrepreneurs like Marcos and Hernán on the overall development of entrepreneurial ecosystems. Globant's co-founders and senior management celebrating the com- pany's listing on the New York Stock Exchange. "Being chosen as Endeavor Entrepreneurs was a key milestone in our history, because it enabled us to learn from some of the most talented and experienced professionals in the world. These mentors helped us think big, challenge the status quo, and build a company that will continue to grow and create jobs for a very long time." MARTÍN MIGOYA Co-Founder & CEO, Globant 4 ENDEAVOR IMPACT REPORT 2013–14