Small moves
A startup ecosystem doesn’t appear.
It accumulates.
One founder who tries.
One investor who believes.
One conference where people meet.
One fund that raises a second fund.
Add enough of these pieces together and something new happens.
Not a company.
A system.
Mexico’s entrepreneurial ecosystem didn’t exist forty years ago.
Now it does.
Not because someone launched it.
Because enough people kept adding pieces.
Ernesto Stein and his coauthors trace that story well in this new paper.