Amen! Although the blogger also misses the most important benefit Startup Chile offers teams that are serious about fund-raising. Any fundable business coming out of the program is going to raise capital on much better terms than it would have been able to get previously. Those savings can easily amount to hundreds of thousands of dollars.
It's always a risk that a company might fail to demonstrate enough growth or traction to attract further investment before its cash runs out, but that happens with every kind of outside investment. And the issue is with the business as it then exists, not with Startup Chile for funding an earlier version of it.
It's always a risk that a company might fail to demonstrate enough growth or traction to attract further investment before its cash runs out, but that happens with every kind of outside investment. And the issue is with the business as it then exists, not with Startup Chile for funding an earlier version of it.