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Chile will become the entrepreneurial and innovation hub of Latin America by 2014

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Many people think we want to replicate Silicon Valley, we don’t. What we want is to connect Chile to all the major hubs of innovation and leverage these networks to create value. We strongly believe that human capital is the best highway to build upon.

At the same time, infrastructure is the sandbox where human capital can play, and Chile is by far the best equipped country in Latin America. Consider the following facts and think of Chile, not as the final market, but as a bootstrap platform before going global.

We will work hard to keep them up to date. All figures related to Chile and are represented in USD.

Haven’t found what you are looking for? Did you also try InvestChile.com? Or, simply contact us.

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Mobile phone users 18.3m (+100% population)
Smartphone penetration 1.83m (~10% of the market
Smartphone modernity mix 16.8% are 2010 phones, 62.3% are 2009 phones
Avg price of a phone $102
Avg price of a smartphone $177
Laptops 57.3% of computer sales
Avg price of a laptop $610
Internet penetration 8.3m users ~50% population
Avg price of a 20MB internet data plan $50/mo
Facebook monthly visitors 6.2m (Ranked #19 by Google Double Click AdPlanner)
Facebook accounts 6.9m (~40% population) (Ranked #17 by Facebook Data)
Twitter users ~1m (~6% population)
Local eBay Mercadolibre.com
Local Techcrunch Fayerwayer.com
Local Paypal Webpay.cl
Local Craigslist olx.cl
Free Trade Agreements reachout Access to 86% of the world’s GDP and 2.5b potential customers
Biggest tech company Sonda (IPSA: SONDA, Market Cap: $1.7b as at Dec-2010)

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