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Beeper acquired by Automattic, fintech's decline and YC's lack of LatAm founders

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Navigating Acquisitions and VC Dynamics

This chapter delves into the recent acquisition of Beeper by Automattic, exploring the implications of such moves in the tech industry amidst market challenges. It also highlights the alarming decline in Latin American startups' representation in Y Combinator, attributing this decline to shifts in venture capital focus and economic conditions. The speakers discuss broader trends in fintech funding and the resilience of local entrepreneurs, emphasizing the need for recognition of their ongoing efforts.

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