Guimar Vaca Sittic Building Marketplaces Podcast

Nathan Lustig
Magma Partners
Published in
2 min readAug 15, 2017

Guimar Vaca Sittic is an Argentine entrepreneur turned investor who specializes in marketplaces. Currently based in New York City, Guimar is a principal at FJ Labs.

Outline of This Episode

  • [0:17] How Guimar got started in the startup world.
  • [2:33] The path Guimar followed from Argentina to Chicago and beyond.
  • [5:00] How Guimar was able to make his Argentinian startup happen.
  • [7:45] Guimar’s advice about Latin American startups persevering toward bigger ideas.
  • [12:09] The next steps after acquisition.
  • [20:30] The choices Guimar made about traveling and the real costs of doing so.
  • [27:34] Why FJ Labs has taken on so many international investments.
  • [32:30] Success stories in building and funding businesses.
  • [37:50] Why Brazil for the online used car marketplace?
  • [39:54] The dynamics of working with a remote team.
  • [44:55] Advice Guimar would give himself if he were starting over.

Resources & People Mentioned

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Nathan Lustig
Magma Partners

Managing Partner http://www.magmapartners.com LatAm/USA/China. 2x entrepreneur, sports fanatic, travel addict, writing about it at http://nathanlustig.com