By CONSTANZA GALLARDO
In the United States, less than one percent of Latino owned startups are backed by venture capitalists, according to a study by CB Insights.
Hispanics’ buying power totaled $1.3 trillion in 2014, according to a report from Selig Center for Economic Growth, and spent 13 percent more than the overall population on their smartphones and apps—says Nielsen’s most recent cross-platform report.
Chris Dell, born in Colombia, is the founder and CEO of Go Baller.
Go Baller, a social discovery app for sports fans, has rapidly grown with the help of accelerator programs, which provide funding, mentors and professional services in the initial stages of any startup.
Listen to Dell talk about his experience as a Hispanic entrepreneur and what he thinks is missing in the startup market at last week’s Hispanicize in Miami: