In addition to a country’s variables such as: macroeconomics, socio-politics, market conditions, currency exchange volatility and tax implications, legal certainty is a variable that local and foreign investors analyze before making an investment.
In recent years, sophisticated boutique law firms (“VC Law Firms”), as my firm Cardenas Ortiz Monasterio Abogados, S.C., have emerged in Mexico, and have developed a strong practice in venture capital and growth capital transactions (“VC”), as counsels to leading investment funds and startups.
Together with the AMEXCAP, the main VC Law Firms have recently formed a legal VC committee, in order to discuss new legal structures, confront new challenges, and advise on best practices in the newly created venture capital ecosystem. One of the main goals of such committee is to increase the efficiency in VC transactions, aiding in the development of a successful VC ecosystem in Mexico.