US accelerators are embracing Latin American startups — and it’s paying off

Before 2011, three of the top accelerators in the US, Y Combinator, 500 Startups, and Techstars, didn’t accept a single Latin American startup. 500 Startups was the first to pay attention to Latin America, launching its Mexico-based program in 2011 and receiving startups from Latin America in its Mountain View program early in 2012. Chilean …