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Mexican start-ups prefer to be low-key

Wednesday, October 16, 2019

Unlike plenty of their P.R.-hungry counterparts in Silicon Valley, Mexican startup founders often decline media interviews, avoid public announcements and suppress details of financial success.

One big reason: they do not want to attract criminals. “You are getting yourself in a position where you could be subject to ransom,” entrepreneur Ulises Vazquez said of the drug-fueled violence and kidnappings that have scarred society, Reuters reports.