LATAM

“So I've got a few investments down there. I hope to make more. If you wanted one chart, you would look at credit card penetration per country. So let's take Columbia where I have a great team there. It's about 14%. It's been stagnant for years. Smartphone pene…”

“When we raised money at Meli, there was not Even one VC firm that was operating out of LATAM.”

“I'm sure that we were better suited than most of the founders from more developed countries, that they were not aware that something like this could happen.”

“Andreessen has made some very significant investments in LATAM over the last few years, in the likes of Loft, Jeeves, Pomelo, and Addy, to name a few.”

“If you look at LATAM, like, there were five IPOs in twenty-twenty.”

“The smaller, selective, more personal touch trying to change a company's trajectory one at a time Is a better approach for a region that still doesn't have the full ecosystem maturity. So that's the most fundamental thing I've changed. I think slightly smaller…”

“In LATAM, they were old, they were stodgy, they weren't serving their consumers, and they were, these guys came in over the top, and they didn't just build a deposit base like Chimebill, they've done the whole, the full monte, they do deposits, they do lending…”