Negocios Now

Supplier Diversity & Diversity Inclusion Edition

Negocios Now is the Hispanic Business Publication in Chicago with National Distribution

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Page 10 of 23 Octubre 2020 11 NegociosNow NegociosNow J ason Calacanis, one of the most successful angel inves- tors, believes "fortunes are built during the down market and collected in the up mar- ket." It is well-known that star- tups like Uber, Instagram and Airbnb were founded in the Great Recession and managed to generate enormous wealth for both their founders and early investors. At Angeles Investors, we know that Latinos are no excep- tion to this story. In 2009, Isaac Saldana was building Send- Grid, a platform for email mar- keting. Having just completed the Techstars accelerator and with 100 clients in the books, Adela CEPEDA Angel Investors looking for Latino companies Stock Exchange, taking Send- Grid public at a valuation of over $1 billion! While the pandemic and economic recession has shaken the world, Hispanic & Latinx entrepreneurs are still out there creating innovative companies and solving critical problems across industries – and they need investors to back them. Because of this, now more than ever is the time to invest in Hispanic & Latinx entrepre- neurs. Isaac's story will cer- tainly repeat itself – and Ange- les Investors will hope to find, fund and grow those ventures. A major difference with the last recession: more work is being done today to ensure our com- munity can participate in this investment class. Since launching, Angeles Investors has already invested into 5 startups across indus- tries ranging from real-time analytics for agricultural supply chain to education technology. More recently, after organizing its third quarterly pitch night, featuring 5 Hispanic & Latinx Founders, the group is set to make 2 more investments. Angeles Investors is riding this momentum and expects to reach 100 members in 2021, and aims to close the year with 10 portfolio companies to its name and over $1 million invested. Contributing writer, Israel Munoz Isaac raised a $750,000 seed round to grow the company. Fast-forward to 2017 and Isaac found himself on the New York

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