[trevelyan]

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...

[jmathai]

23% isn't too shabby.