By Nancy Dahlberg
The Miami Herald
WWR Article Summary (tl;dr) Laura González-Estéfani shares her experience launching Miami’s “TheVentureCity” which focuses on accelerating high-potential tech startups.
The Miami Herald
When Laura González-Estéfani moved from Silicon Valley to Miami in 2015, the former Facebook executive said she was taken aback by the welcoming tech and entrepreneurship community.
“There must be something in the water in Miami that makes everyone so welcoming and so enthusiastic about the unknown. I found that willingness to take a risk,” she said in an interview this summer.
At eMerge Americas in June, González-Estéfani and business partner Clara Bullrich announced plans to start a venture-building company, called TheVentureCity, headquartered in Miami and Madrid, with an office in Silicon Valley, that would bring together a team from hyper-growth companies such as Facebook, Google and eBay. The venture builder would focus on accelerating high-potential tech startups with international growth aspirations. And that was just the beginning of a whirlwind six months for González-Estéfani and Bullrich.
Since then TheVentureCity team has begun offering free workshops and events for the community.
The company has also partnered with Miami Dade College on an associate’s degree in entrepreneurship, and González-Estéfani and her team have assembled a group of instructors, including herself, who are CEOs or top executives of South Florida companies to teach the classes. The MDC program started this fall.
“Those amazing young kids, their brains are so open,” said González-Estéfani, born in Spain and a mother of three. “What is your dream? That’s how I started my class. That was the first interview question I got at Facebook. When you can dream, things happen.”
And in September, TheVentureCity announced it has launched a $100 million venture capital fund, and kicked it off with 14 investments so far, including four investments in South Florida companies Boatsetter, RecargaPay, Above & Beyond and The FastMind.