WEBVTT 1 00:00:00.072 --> 00:00:05.072 Fernando Rivera, class of '93, CTO at ETF.com 2 00:00:05.620 --> 00:00:10.160 and co-founder at Buen Trip Hub and incubator in Ecuador. 3 00:00:10.160 --> 00:00:12.130 line:15% The company itself is a media company, 4 00:00:12.130 --> 00:00:14.904 line:15% so it's a news portal that covers 5 00:00:14.904 --> 00:00:17.840 line:15% the exchange trade and fund industry, 6 00:00:17.840 --> 00:00:20.210 line:15% which is one of the fastest growing areas 7 00:00:20.210 --> 00:00:22.474 line:15% of the financial markets. 8 00:00:22.474 --> 00:00:25.740 line:15% My main responsibility, really, is to make sure 9 00:00:25.740 --> 00:00:28.160 line:15% that we're continuously improving our methods, 10 00:00:28.160 --> 00:00:32.230 line:15% our processes, and the quality of our code, 11 00:00:32.230 --> 00:00:34.232 line:15% the security of our infrastructure. 12 00:00:34.232 --> 00:00:37.219 For example, something very popular nowadays, 13 00:00:37.219 --> 00:00:39.139 with the price of cryptocurrencies, 14 00:00:39.139 --> 00:00:42.143 people try to hack into your servers 15 00:00:42.143 --> 00:00:43.710 so that they don't have to pay 16 00:00:43.710 --> 00:00:47.430 for their own electricity and bandwidth 17 00:00:47.430 --> 00:00:52.430 and they use your resources, your computing power basically, 18 00:00:52.920 --> 00:00:55.990 to run scripts to try to mine for Bitcoin 19 00:00:55.990 --> 00:00:59.256 and other cryptocurrencies, so that's a popular attack. 20 00:00:59.256 --> 00:01:01.730 line:15% Well, the alarms can come in at any time, 21 00:01:01.730 --> 00:01:04.660 line:15% so you have to be ready and willing 22 00:01:04.660 --> 00:01:09.090 line:15% to wake up at any time, and wake your team up, 23 00:01:09.090 --> 00:01:11.350 line:15% at least the key members of your team, 24 00:01:11.350 --> 00:01:14.923 and basically just work through it until it's resolved. 25 00:01:16.260 --> 00:01:19.490 And now that we belong to a larger organization, 26 00:01:19.490 --> 00:01:22.900 because we sold the company, then there's protocols 27 00:01:22.900 --> 00:01:24.560 and procedures that we need to follow 28 00:01:24.560 --> 00:01:27.989 in order to let other people know what's going on. 29 00:01:27.989 --> 00:01:32.989 Since I live in Ecuador where there's no startup ecosystem 30 00:01:36.270 --> 00:01:38.950 or the startup ecosystem was just starting, 31 00:01:38.950 --> 00:01:41.753 line:15% I decided to co-found a startup incubator, 32 00:01:41.753 --> 00:01:46.753 line:15% so we have a coworking space and we mentor entrepreneurs, 33 00:01:49.500 --> 00:01:53.110 and we try to help them raise capital 34 00:01:53.110 --> 00:01:55.454 and financing for their startups. 35 00:01:55.454 --> 00:01:59.076 Well, one of the things that I emphasize 36 00:01:59.076 --> 00:02:03.030 is that they should fall in love with the problem 37 00:02:03.030 --> 00:02:05.860 that they're trying to solve and not fall in love 38 00:02:05.860 --> 00:02:08.440 with the solution that they think they already have. 39 00:02:08.440 --> 00:02:09.897 It's better to solve a problem 40 00:02:09.897 --> 00:02:12.670 than to have a solution looking for a problem. 41 00:02:12.670 --> 00:02:15.660 line:15% And obviously, because of my background, 42 00:02:15.660 --> 00:02:20.500 line:15% many entrepreneurs come to me looking for guidance 43 00:02:20.500 --> 00:02:23.710 line:15% on how to setup a strong technical team 44 00:02:23.710 --> 00:02:27.465 and how to manage the process of software development. 45 00:02:27.465 --> 00:02:30.090 I really enjoy working with young people 46 00:02:30.090 --> 00:02:33.523 that are ambitious and looking to create new things, 47 00:02:33.523 --> 00:02:37.423 and so, I try to help them on their path.