Martín Varsavsky Waisman is an Argentine entrepreneur based in Spain who founded several companies worldwide, including Urban Capital, , Viatel, Jazztel, EINSTEINet, Ya.com, and . This serial entrepreneur condition made Forbes Magazine describe him as back in 1999.
In 1984, at the age of 24 and still in college, Varsavsky created Urban Capital Corporation, a real estate company in New York that was one of the early developers of loft apartments. Urban Capital Corporation purchased industrial buildings and recycled them into residential apartments and offices, developing up to 50 thousand square meters in the SoHo and Tribecaneighborhoods of New York City. In 1986, together with Argentine scientist Claudio Cuello and César Milstein, Varsavsky founded Medicorp Sciences, a biotechnology company in which he is still a shareholder. Based in Montreal, Medicorp Sciences were among the first to make AIDS and Cancer products of different kinds. In 1991, Varsavsky founded the telecommunications company Viatel in Colorado, which operated a call-back service, as an alternative traditional long-distance operators, similar to Econophone. Viatel later became an alternative telecommunications service provider in France, Belgium, Italy, Spain and the United Kingdom. In 1997 Varsavsky resigned his official positions and sold his Viatel shares. In July 1995, Varsavsky moved to Madrid, Spain. From 1999 to 2011 he taught courses on entrepreneurship at IE Business School in Spain. In 1997, Varsavsky founded Jazztel, an alternative telecommunications access provider in the Iberian Peninsula. Headquartered in Madrid and with its own infrastructure, the company became a telecommunications operator offering bandwidth for residential and commercial customers, competing with Telefónica. Jazztel PLC went public in December 1999. In 1999, he created Ya.com Internet Factory, a Spanish internet services/DSL provider that also included the Spanish languageonline travel agency Viajar.com, Varsavsky and the company's' staff. It was sold in 2000 to T-Online International, Deutsche Telekom's Internet subsidiary for 550 million euros. In 2000, Varsavsky created EINSTEINet AG, an application service provider in Germany. Einsteinet was a company built on the premise that most applications were going to migrate from people's PCs to the internet. EINSTEINet did not materialize, the company was sold and represented losses for Varsavsky for 35 million euros. He launched the company Fon in Madrid at the end of 2005, which provides international WiFi services using user-generated infrastructure. Fon is backed by equity investors Google, Skype, Microsoft, Index VenturesQualcomm Ventures, and Deutsche Telekom. In 2012, the network reached over 7 million WiFi hotspots in several countries. Varsavsky has written articles on business and international relations for El País, Newsweek, El Mundo, and The Huffington Post, and is a frequent speaker at conferences like Next Conference. Varsavsky is also a blogger and contributor to the LinkedIn Influencers Program, where he writes and gives talks on entrepreneurship and technology. In 2012 Varsavsky began teaching entrepreneurship at Columbia University in New York City. He has been an investment partner in early-stage companies including iTravel, Aura Biosciences, Menéame, Netvibes, Plazes, Technorati, Eloquii, Dopplr, Tumblr, Hipertextual, Busuu, 23andMe, MUBI and Result. Outside of telecommunications, he was the majority shareholder of the wind parkEl Moralejo and Proesa, owner of the fashion labels Sybilla and Jocomomola. Currently, Varsavsky is Executive Chairman and Founder of Prelude Fertility and Chief Executive Officer and Founder of Overture Life.
Philanthropic work
Varsavsky is founder and president of the , which works to improve educational conditions in several countries. The foundation promotes the education portals in Argentina and in Chile, aiming to democratize and modernize the educational systems in both countries. He is also founder and president of the , devoted to contributing to debates in international affairs. The foundation's goal is to promote fair, transparent and safe democracy. The Safe Democracy Foundation and the Club of Madrid organized the in March 2005 and the international Summit on Terrorism, Democracy and Security.
Personal life
Varsavsky married Nina Wiegand on July 22, 2009, in Hawaii. He has seven children.
Awards and recognition
Varsavsky is the recipient of various honors and rewards, among them:
Pickering Prize, Columbia University
European Entrepreneur of the Year, ECTA
European Telecommunications Entrepreneur of the Year
Finalist in the Entrepreneur of the Year contest, New York City