My internet was even more limited (EDGE), power went out sometimes (two power bricks were enough for my mac air, though, and the cell towers never went out, so I could make it through even a multi-day outage without losing internet!), and comfy fast wifi in a coffee shop was 40 minutes away (I'd schedule voice or video meetings on days I liked to go into town to buy things or eat at good restaurants).
And surfing fast, big, tropical beach and point breaks ... well. It was rainy during nearly half of the year, but I didn't even need a wetsuit, and during the good season, it put a smil
I bought a house down there; I'm back in the states right now, because I came back and got married to a girl from my hometown. But we're heading to Ecuador again as soon as we can. :)
But a startup? Hmm.
I think I'd have been a good startup employee, but contracting was a better fit anyway since I really appreciated multi-month blocks without work.