This looks cool! I've been bullish on Latin America since remote became more popular. It's natural that people in the US would want to hire someone in more similar timezone and culture than people on the other side of the world.
There are great people everywhere, but in my view, it's been much harder to source good people from Latam than it is from Eastern Europe or South Asia.
Would love to hear more about your experience finding people in Latam vs Eastern Europe or South Asia.
In my experience the real risk with remote teams isn't really technical, it's possible to find great people everywhere. The real risk is human: communication, courage, culture, yes even timezones. And you mentioned that Latam overlaps more in culture!
It's a matter of time before smart folks in South Asia and Easter Europe move to Latin America to get higher salaries as they get into more US-friendly timezones.
That being said there's a lot of amazing developers in India that are open to working US-work hours for max collaboration
That's because the rails didn't really exist for hiring the kind of talent modern startups needed until recently. We've had about 10 developers in LATAM for 3-4 years and it's been a game changer for my companies.
There are great people everywhere, but in my view, it's been much harder to source good people from Latam than it is from Eastern Europe or South Asia.