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Understanding Income Inequality

Beneblog: Technology Meets Society

We need to do a better job of understanding social needs, both to improve our programs and measure their ultimate impact. I asked her what kind of insights could be gleaned by an anti-poverty group, say in Uruguay (to pick one country out of 50), accessing the LIS. employment attachment and educational level of adult household members?

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SpaceX moves to beam Starlink internet into cars, boats, and aircraft

The Verge

A train of Starlink satellites in low-Earth orbit passes over Uruguay. With over 1,000 satellites in space, SpaceX’s Starlink has at least 10,000 users through an invite-only beta program it started last year. The beta program is currently aimed at rural parts of the US that have little to no internet connectivity.

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Henry picks up cash to be a Lambda School for Latin America

TechCrunch

The set-up would allow for boot camp participants to join the program at zero upfront costs, and then only pay once they get hired at a job. If a Henry student doesn’t get employed in a job that allows them to make $500 a month within five years after the program completes, they are off the hook for paying back the boot camp.

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Nowports raises $16M to build the OS for LatAm’s shipping industry

TechCrunch

The company currently has offices in Mexico, Chile, Colombia, and Uruguay. The two co-founders of Nowports met at a program at Stanford University, with de los Rios hailing from a family with deep ties to the shipping industry. 2020 was a good year for Nowports, which saw its revenue climb by 605% compared to 2019.

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

Spradling through the Antler accelerator, a Singapore- and New York-based early-stage investment and advisory services program that connects entrepreneurs and tech operators to launch new businesses. They started Marco in 2019 and now have offices in New York, Dallas and across Latin America.

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a16z, NFX back Latitud’s effort to become ‘the operating system for every venture-backed company in LatAm’

TechCrunch

Fast-forward to the beginning of the pandemic in 2020; Requarth teamed up with DuoLingo’s former VP of growth Gina Gotthilf and Yuri Danilchenko, former CTO of Brazilian startup Escale, to found what they describe as a “tech entrepreneurship program” in Latin America. Mexico, Colombia, Nicaragua, Uruguay, Panama, Argentina and Spain. .

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Peruvian startup Leasy secures $17M in debt, equity to provide auto loans to LatAm ride-hailing drivers

TechCrunch

It is also part of the Endeavor ScaleUp program. They fit the pattern of successful founders who start out in Latin America’s overlooked markets like Peru, Ecuador, Chile and Uruguay who are likely to have success expanding to Latin America’s bigger countries,” he said.

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