Updates
Magma Summit 2024 Wrap-Up: Lima, Peru
We hosted Magma founders, LPs, and partners in Lima, Peru, for Magma Summit 2024. Here's a rundown of all the activities from each day at Magma Summit 2024.
Founder Resources
It’s never been a better time to be an entrepreneur in Latin America.Funds like a16z, Sequoia, Softbank have all planted the flag, sharing their thesis. Funds like QED, who have been in Latin America for years, are generating great returns.
There are many great resources on building decks to raise money. After giving advice on this to Magma founders over the years, I wrote an actionable list of how I would think about doing a deck.
The goal of this post is to help you understand our process, and give you the best tips to stand out and increase your chances of raising money with Magma at each step.
Our first investment calls are generally 30-45 minutes, depending on the stage of the business. Find out why we never meet in person before having a call, and why we almost never do a call without a Magma Memo.
One of your top three most important jobs as a founder is building a great team. One framework that helps you build your team is the ABC player framework.
The best entrepreneurs send investor updates religiously. Whether it's monthly or quarterly, the best founders pick a cadence and stick to it. In good times and in bad. They don’t hide anything.
After you get an investment, you may want to announce the round. Depending on the round size, who you raised from, and how timely your story is, you may be able to get coverage not only locally, but also internationally.
Founders frequently ask us how they can get more clients, raise capital, or recruit top talent for their teams. One of the highest bang for the buck investments is writing bylines that share your perspective and unique point of view.
After finding product market fit, building the right team is probably the most important job a founder has. But recruiting is difficult for the vast majority of startups and most early stage companies don’t have the resources to invest...
Founder Resources
Founders always hear that hiring great people is one of the most important jobs. Do you want to hire a great team but don't know how to create a process that helps you find, hire, and retain great people? Take a look at this article.
Founder Resources
After precruiting and interviewing you’ll have a finalist candidate who you think will be a good fit. Each step of the Talent Acquisition process leads into the next, with candidate references being the final step of the hiring process.
Founder Resources
Founders are the most valuable resources to a startup, and leveling up means you need to hire people who can get things done and provide you leverage so you can spend more time on the things only you can do.
