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Endeavor Impact Report 2013–2014

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of entrepreneurs. And they invest their own profits in those entrepreneurs' ventures. By reinvesting in the network, successful entrepreneurs multiply their impact, build- ing entrepreneurial ecosystems that give new founders access to the mentorship, talent, and capital necessary to succeed. Just a few entrepreneurial pioneers drive the creation of huge ecosystems like Silicon Valley. It is Endeavor's mission to find those entrepre- neurial pioneers and to help them through each stage of the cycle: from startup, Alex Torrenegra and Tania Zapata—the Colombian founders of Bunny Inc., a company that provides services to connect voice actors with jobs —present their business to panel- ists at the Palo Alto International Selection Panel in October 2013. Endeavor Entrepreneur Diego Saez-Gil (right) founded WeHostels, a budget travel platform that was supported by Torrenegra Labs. In 2014, WeHostels was acquired by StudentUniverse. to success, to reinvestment, and beyond. In 2013, Endeavor Insight studied the tech ecosystem of Bogotá, Colombia. They found that the network has grown exponen- tially over the past two decades. From 1992– 2002, just 37 tech companies were based in Bogotá, and interactions between founders were limited. By 2013, there were roughly 230 Bogotá-based tech companies, and their founders were connected via a dense and thriving network. Who — or what — helped catalyze this growth? 8 ENDEAVOR IMPACT REPORT 2013–14

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