Hacker News new | ask | show | jobs
by skndr 4950 days ago
It's a relatively new program - shouldn't it take 6-8 years on average to see results?
1 comments

I'd expect to see the first signs of results in a couple years. For example, how many companies from the first batch are still around?
My company participated in the pilot round. Last I heard from Nate (Entrustet and Welcu), 23% of our cohort were profitable and bootstrapping, 32% had taken further investment, and only 14% had failed.

http://thenextweb.com/la/2012/09/03/start-up-chiles-first-al...

23% isn't too shabby.
not many, I'm afraid - but a few of them are making good progress: Babelverse, WeHostels, Taggify and SaferTaxi

(most of them not due to Startup Chile anyway, but still...)