Silicon Valley Partner to top Latam Founders | Ivan Montoya, Managing Partner NuMundo Ventures

SummaryIn this conversation, Ivan Montoya shares his journey from Colombia to the U.S., highlighting the influence of his family and education on his career path. He discusses his experiences at Harvard, the transition to the professional world, and the lessons learned from working in startups. Ivan emphasizes the importance of qualities like humility and competitiveness in successful founders and reflects on his entry into angel investing and the unique mission of NuMundo Ventures. He also addresses the challenges faced by Latin American entrepreneurs and the impact of the pandemic on the startup ecosystem, concluding with insights on product-market fit and the significance of building authentic relationships in venture capital.Chapters00:00 Intro00:49 Ivan's Journey: Colombia to the US03:48 Education and Early Influences05:01 Swimming & Discipline 06:09 Harvard and Impact on your Career08:13 Jorge Dominguez's Class: Cuban Revolution09:05 "Reasonable People can have Different Opinions"10:07 Early Career11:03 "I have seen the good, the bad, and the ugly"11:28 Pre Product Market Fit vs. Post Product Market Fit12:49 "Everybody likes to hike, but who wants to climb Mt. Everest"14:26 Qualities that Make Great Founders16:08 Why Angel Investing?20:25 Building a Network in Silicon Valley24:59 The Pandemic & Effect on Latam ecosystem27:16 The Laws of Physics28:16 NuMundo's Ventures Inception30:24 NuMundo Ventures' Approach32:27 The Founder is important, but not everything34:07 Glimpse into NuMundo's Portfolio40:24 When Investing in Consumer Fintech 43:10  "I want to feel like I am being shared a secret"45:23 Find the Right Capital Partner47:32 "How do you get to 1m, 10m, & 100m?"48:35 Final Thoughts53:49 OutroSend us Fan MailCut The Check w/ Mack Meyer is a podcast about venture capital, startups, and entrepreneurship in Latin America and beyond.New episodes drop every week.Subscribe on SpotifyStay connected with us on Twitter, LinkedIn, Instagram,Have a guest suggestion? Email us at [email protected]