5 American startups that launched in Chile

Forget Silicon Valley, these entrepreneurs moved to South America to develop their startups.

Thrived in less-crowded market

south american business easy vino
  • Name: Hugo Bernardo
  • Company: Easy Vino

When Hugo Bernardo was pitching his mobile sommelier service to restaurant owners in California, he had trouble getting five minutes of their time. They were being pitched by tons of other Silicon Valley entrepreneurs, but that's not the case in Chile.

Less than a year after completing the Start-Up Chile program, Easy Vino now operates in Chile and Brazil. The company advises restaurant owners on how to develop their wine lists and provides a mobile app their customers can use at the table when selecting wine to have with dinner.

More than 100 restaurants currently use the Easy Vino app, 60% of which are in Brazil.

"There's an equally big market, but a lot less competition here," Bernardo said. On the flip side, he said the startup community is not as strong in South America as it is in the U.S., which can make it harder to find talent.

  @KatieLobosco - Last updated January 15 2014 03:46 PM ET
Join the Conversation
More Small Business
start up chile

Entrepreneurs from the U.S. are leaving Silicon Valley and moving to South America to develop their startup businesses.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.