Venture Capital

Magma Portfolio

GroupRaise

April 17, 2017

February 23, 2021

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By: Nathan Lustig

I’m excited to finally be able to announce our investment in GroupRaise. We first invested in GroupRaise in early 2016 after I’d been trying to convince Devin Baptiste, GroupRaise’s cofounder and CEO, to let us invest since we started Magma

Articles

Three years of Magma Partners

January 12, 2017

February 23, 2021

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By: Nathan Lustig

Francisco, Diego and I first started working on Magma Partners in December 2013, which means we’re just passing our 3rd birthday. We originally planned to invest in 4-6 Chile based companies per year

Articles

Advice for Investing In Startup Companies

January 8, 2017

February 23, 2021

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By: Nathan Lustig

As startups and tech investing has gone mainstream with things like AngelList, Shark Tank, The Social Network, the proliferation of accelerators and incubators, and the celebritization of founders and VCs

Magma Portfolio

Jooycar

October 18, 2016

February 23, 2021

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By: Nathan Lustig

We're really excited to announce that we've invested in Jooycar, a usage based car insurance service (UBI) that charges customers for how much and how well they drive. I wrote a more detailed post on why we invested in Jooycar.

Articles

Peru Venture Capital Overview

October 16, 2016

February 23, 2021

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By: Nathan Lustig

As more Magma companies start to do business in Peru, we've gotten more experience learning about the Peruvian entrepreneurial ecosystem. I decided to publish a short overview of the Peruvian Venture Capital Ecosystem.

Articles

Investor and Advisor Behavior in Latin American Can Make Startups Univestable

August 6, 2016

February 23, 2021

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By: Nathan Lustig

We see many startups each year that have problems with their cap table that can make them uninvestable.

Articles

Startup Valuations Created By Government Investments Aren’t Real and Can Hurt Startups

June 13, 2016

February 23, 2021

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By: Nathan Lustig

The Chilean government, via CORFO, has been seeding the entrepreneurial ecosystem to help build startups. They've done a great job, but there can always be room for improvement.

Articles

Two Years of Magma

December 7, 2015

February 23, 2021

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By: Nathan Lustig

It's been two years since Francisco, Diego and I started investing in Latin American startups at Magma Partners. I wrote a detailed blog post with all of our investment data and our portfolio companies on my personal blog.

Articles

The Magma Partners Latin America Investment Thesis

September 10, 2014

February 23, 2021

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By: Nathan Lustig

At Magma Partners, we invest in the best entrepreneurs we can find. We would rather invest in an amazing entrepreneur with a mediocre idea rather than a mediocre entrepreneur with an amazing idea.

Updates

Magma Partners Launch and Press

May 10, 2014

February 23, 2021

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By: Nathan Lustig

As part of our launch, we were featured in a number of outlets in Chile and Latin America, most of which were in Spanish. Andes Beat and Pulso Social wrote about us in English.

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