Land of opportunity in digital news media: Buenos Aires

Miranda Mulligan, right, and me, left, with the startup teams.

We hear a lot about the next Silicon Valley, but we don't hear much about the Valley of Death. That is where 80 percent of tech startups go to die.

Startups die or join the walking dead mainly for two reasons: they don't have enough cash or they don't have enough knowledge to get to the next stage of development. They are unable to show investors that their project could be commercially viable.

The Media Factory News Accelerator, based in Buenos Aires, Argentina, wants to change those odds of making it across the Valley of Death.