Billionaire Cisneros to Team Up With Chinese in Latin America Oil, Gold

June 17, 2011 § Leave a comment

Venezuelan billionaire Gustavo Cisneros is setting up joint ventures with Chinese banks to carry out investment in Latin American commodities industries.

“You’ll probably see in the next year or two a lot of Cisneros China or China Cisneros in Latin America and it’s going to be whatever comes, whether it’s oil, gold or big cattle operations,” Cisneros, 66, said yesterday in an interview at Bloomberg’s headquarters in New York. “They understand they don’t have the knowledge to run these businesses. They need results now and we can provide results.”

Both Cisneros and his daughter Adriana are optimistic about the outlook for their business in Latin America.

“We have the best decade of Latin America ahead of us, of course this or that happening, but the numbers objectively,” Cisneros said before being interrupted by his daughter.

“It’s our decade,” she said.

“It’s going to be fantastic,” Cisneros continued. “Any way you look at it, politically, economically, culturally, Latin America has come into its own.”

The chairman of Cisneros Group of Companies, who is relinquishing operations of the firm to his youngest daughter Adriana, said he aims to push through projects that have been delayed by state inefficiencies through partnerships in energy, agriculture and metals. Deals may take place in countries including Brazil, Colombia, Mexico and Panama, Cisneros said.

Source: Bloomberg

What benefits for China and Latin America do you see as a consequence of this new partnership?







San Francisco to Serve as First-Ever U.S. Host for Wharton Global Alumni Forum, June 22-24

June 13, 2011 § Leave a comment

From Business Wire:

The 2011 Global Alumni Forum will center on the theme, “Creative Solutions to Global Challenges,” and aims to develop new solutions to emerging political, economic and environmental issues. Attendees will have the opportunity to interact with key players who are driving these changes both during the Forum as well as at evening networking events.

Look out for the conference this June 22-24 in San Francisco


Start It Up

June 13, 2011 § Leave a comment

Got a Start-Up that’s going well and looking to give back to your community?

Take your newfound knowledge of the entrepreneurial sphere and share the wealth with other potential leaders. The Network for Teaching Entrepreneurship’s mission is to provide programs that inspire young people from low-income communities to stay in school, to recognize business opportunities and to plan for successful futures. Take a look at the Start It Up website ( for an inspiring list of fresh, young entrepreneurs and the challenges they’ve overcome to reach their potential. 


Do You Have Your TechShop Membership?

June 9, 2011 § Leave a comment

Featured on CNBC news, TechShop offers tools that have been inaccessible to the average person since they were created as part of the Industrial Revolution. The Daily Markets website says, “TechShop is a membership-based workshop that provides members with access to tools and equipment, instruction, and a community of creative and supportive people so they can build the things they have always wanted to make. You can think of TechShop like a fitness club, but with tools and equipment instead of exercise equipment. It is sort of like a Kinko’s for makers, or a Xerox PARC for the rest of us. TechShop was featured this morning on CNBC as part of its “Manufacturing’s New Future” series (see video above), as a company that helps entrepreneurs realize their dreams.  One entrepreneur says “It’s like belonging to a gym, but you get access to $10 million worth of equipment.”  One term used about TechShop is that facilitates the “democratization of tools.”

‘500 Startups’ Adds 21 New Companies

June 8, 2011 § Leave a comment

From Forbes Blog:

Tech accelerator 500 Startups has accepted 21 new companies, and none of these hot new entrepreneurs are your typical Silicon Valley soon-to-be CEO. For one, most of them are not from the U.S.:

500 Startups founder Dave McClure has been actively looking at companies internationally and in his latest selection of companies, 30% of the founders are from outside the U.S. The 21 new companies include entrepreneurs from Australia, Chile, Mexico, Estonia, Hong Kong, Japan, and Taiwan. An interesting tidbit is how he finds these new pieces of 500 Startups. It’s said that Dave McClure organizes something called Geeks on a Plane, a traveling squad of entrepreneurs and investors that travel around the world to South America, East Asia and Europe to find new batches of untapped talent. There are also a number of U.S. companies from outside Silicon Valley in his latest pick.

The International Council for Small Business Exchange

June 7, 2011 § Leave a comment

If you’re an entrepreneur or a small business owner, you can’t miss this new website that aims to be the best place to go to exchange knowledge and form a global network, no matter where in the world you decide to set up shop.

Click here to check out the website. Also, find out about a participant’s “Family Venture around the World” that will prove to be an amazing, and no doubt amusing, journey through international entrepreneurship. 

Crain’s List of Top Entrepreneurs in 2011

June 3, 2011 § Leave a comment

Today Biz2Credit was given the first place on the list of 2011 entrepreneurs for their easy online systems that facilitate access to financial products. See the other companies to watch out for this year. 


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