Tech Start-up Advantages in BA

CNNMoney and Fortune Small Business profile New York tech entrepreneur Martin Frankel who moved to Buenos Aires in 2006. (Full article) Frankel’s first investment was purchasing an ownership stake in Sugar, a Buenos Aires bar popular with expats for cheap pints of beer (Sugar on Facebook). The most recent venture, areatres, offers a high-tech, flexible workspace solution for entrepreneurs and small businesses in the heart of Palermo Soho. Frankel, 33, summarizes the appeal of Buenos Aires for an aspiring U.S. entrepreneur, “Part of the appeal of coming here was controlling my own destiny,” says Frankel, 33, who earned an M.B.A. from George Washington University. “You can take entrepreneurial risks for a lot less than you can in the States.” Withers Davis, the Chief Technology Officer of MokuZoku cites some of BA’s other advantages, “We researched San Francisco, Vancouver, India and Buenos Aires. The time zone is just one hour off Eastern time in the U.S., which is a huge advantage over Asia. And Buenos Aires has talent in the areas we need.” For more information on areatres, visit their website or company blog.