Mexico, every mention
57 scenes · ← back to Mexico
tap a year for its mentions
every year anyone Marcelo Claure 11Harry Stebbings 11Angela Strange 9Ralf Wenzel 7David Vélez 7Nazim Salur 3Sebastian Kanovich 2Sanjit Biswas 2Ryan Smith 2Nigel Morris 2
Verbatim, from the transcripts: the passages where Mexico comes up
Labour, Engineering, Social Media, GrokBots, Cybercabs: 7 Predictions for How AI Changes the World
- ▶ 52:52 Matteo Franceschetti Well, when the relationship started, we were already, ah, she was living in Mexico, and I was living in, ah, in Italy for our first year, but that was, by then, probably five, six years before.
Cliff Weitzman: What I Learned from 100 of the World’s Top CEOs & Why Tokens Will Outspend Salaries · 20VC with Harry Stebbings
- ▶ 1:42:44 Cliff Weitzman And markets that they don't, like Mexico, they're growing exponentially.
Klarna CEO: SaaS is Dead: Why Systems of Record Will Die in an Agentic World · 20VC with Harry Stebbings
- ▶ 30:58 Sebastian Siemiatkowski He has this Mexican thing and the other thing that are growing pretty good.
ElevenLabs CEO/Co-Founder, Mati Staniszewski:The Untold Story of Europe’s Fastest Growing AI Startup · 20VC with Harry Stebbings
- ▶ 1:01:21 Mati Staniszewski So, um, so we think we can paralyze that building in Brazil and Japan and India and Mexico.
Databricks at $100BN, CoreWeave’s $11B Debt Bet & Nubank’s $2.5B Profit Shocker - Ep.19 · 20VC with Harry Stebbings
- ▶ 39:11 unnamed speaker And obviously as people, as you know, new bank is a dominant fintech, which is a next generation bank in Brazil, Columbia, Mexico.
Dave CEO, Jason Wilk: The Best Performing Fund Would Only Back YC Founders on Their Second Time · 20VC with Harry Stebbings
- ▶ 43:00 Jason Wilk If you were to talk to David, the new bank CEO is going to tell you that his customer base in Brazil and Mexico is actually a middle to higher income consumer.
Peter Singlehurst: Lessons from Turning Down Stripe, Coinbase and Losing Money on Northvalt · 20VC with Harry Stebbings
- ▶ 44:39 Harry Stebbings And that will continue in their, you know, Canada's their second biggest market, Mexico's their third.
Wayne Ting, CEO @Lime: From Losing $3 on Every $1 to $90M in EBITDA | E1252 · 20VC with Harry Stebbings
- ▶ 55:23 Wayne Ting We were seeing actually like gangs of people coming into San Diego and then stealing the, the, the bikes and scooters and driving into Mexico.
Nik Storonsky, Revolut Founder: What Revolut Needs to Do to Hit $100BN Valuation | E1233 · 20VC with Harry Stebbings
- ▶ 17:55 Nik Storonsky So we got a banking license in Mexico, a head of new bank.
Markus Villig, Founder @Bolt: The Most Insane Story in Startups & The Future of Self-Driving| E1225 · 20VC with Harry Stebbings
- ▶ 34:37 unnamed speaker We even launched in places like Mexico without having no presence there, not flying anybody there, just full remote launches.
Antoine Le Nel, CGO @Revolut: How Revolut Launch and Grow Products & Why CAC is a BS Metric | E1216 · 20VC with Harry Stebbings
- ▶ 1:00:58 Antoine Le Nel We got the, the one in Mexico and so on. 2 times in the scene
David Schneider: Why the Worst VCs are "Seagull VCs" & VC Value Add - Is it Real? | E1200 · 20VC with Harry Stebbings
- ▶ 4:17 David Schneider The classic point of that was we announced that, yes, we were going to have to accept their offer, that a couple days later I was going to have my sales club trip in Mexico with my team, and, uh,
Sami Inkinen: "Why the Two Weeks Following Our IPO Were the Worst of my Life" | E1120 · 20VC with Harry Stebbings
- ▶ 45:25 Sami Inkinen So towards Mexico.
20VC: Doug Leone, Bill Ackman, Bill Gurley and Orlando Bravo on "Does Price Matter"; When to Pay Up vs When to Stay Disciplined, The Biggest Lessons on Price Discipline from 8 of the World's Best Investors
- ▶ 7:26 Marcelo Claure Perfect example of that is Kavak in Mexico. 2 times in the scene
Sanjit Biswas: Samsara's $18BN Market Cap & $1BN in ARR in 8 Years | E1092 · 20VC with Harry Stebbings
- ▶ 34:25 Sanjit Biswas They also happen to be time zone aligned with our customers who, you know, are spread all over and not just in the U S but Mexico, Canada, et cetera.
- ▶ 44:48 Sanjit Biswas We did the same thing with Mexico, for example, which is now a growing business for us.
Ryan Petersen: Why Velocity not Speed is Most Important in Company Building | E1081 · 20VC with Harry Stebbings
- ▶ 39:51 Ryan Petersen You know, the average, uh, hourly wage in Mexico is now cheaper than in China.
David Velez: How AI Changes The Future of Finance | E1059 · 20VC with Harry Stebbings
- ▶ 14:58 David Vélez If you look at Ivo Vest by Brazil and Mexico, there's still incumbents that existed a hundred years ago.
- ▶ 16:29 David Vélez Mexico should have more. 2 times in the scene
- ▶ 19:42 Harry Stebbings You can just take that to Chile, to Columbia, to Mexico and expand geographically where the product is relatively the same versus creating entirely new products for children, for old people, for super rich people. 2 times in the scene
- ▶ 23:55 David Vélez And we're still in the early, even earlier days in Mexico and Colombia.
- ▶ 29:31 David Vélez The highest-rated NPS consumer product in the world in any category is our purple, is Nubank's purple credit card in Mexico.
Marcelo Claure & Shu Nyatta: LATAM's New $500M Growth Fund; Investing Billions at SoftBank | E1042 · 20VC with Harry Stebbings
- ▶ 26:51 Marcelo Claure We understand Brazil, we understand Mexico, we understand Colombia, which are the three largest markets, and I am a huge believer in the macro story of Latin America, and I think the next 10 years are going to be the best 10 years of Latin… 3 times in the scene
- ▶ 28:32 Harry Stebbings It's basically the, you know, whatever we want to choose, this huge market, and then others say, no, it's incredibly fragmented, each country is very individual, it's much more European in its structure, where you have to win Mexico,… 7 times in the scene
- ▶ 44:38 Shu Nyatta We've seen all kinds of people, whether they're working remotely or they move full-time to the region, move, working for companies in Mexico, in Colombia, in Brazil, because they're exciting, they're interesting.
Gina Gotthilf: Lessons Scaling Duolingo from 3-200M Users; How to Master PR and Comms | E1028 · 20VC with Harry Stebbings
- ▶ 8:34 Gina Gotthilf They hired me as like this person to do Brazil and then Argentina, Mexico, and it was working.
Jag Duggal: How We Scaled Nubank to 80M Users; Google's Brutal Hiring Practices | E995 · 20VC with Harry Stebbings
- ▶ 44:30 Jag Duggal So launching in Mexico and Columbia three years ago was, I wouldn't say a no brainer, but it was an obvious thing, obvious mountain we needed to climb. 2 times in the scene
Bill Ackman: SVB Collapse; Biden vs Trump; How I Lost $400M on Netflix; Bill's 10-Year Long | E991 · 20VC with Harry Stebbings
- ▶ 45:32 Bill Ackman Societal problem in Mexico, you know, uh, things like this.
Martin Escobari: How to Invest During a Recession; Negotiation Tips; Developing Markets | 20VC #948 · 20VC with Harry Stebbings
- ▶ 51:44 Martin Escobari We invested in a company in Brazil and a company in Mexico who are solving that problem in those two countries.
dLocal CEO Sebastian Kanovich: The $8BN Company You Might Not Know | 20VC #926 · 20VC with Harry Stebbings
- ▶ 19:30 Sebastian Kanovich So having the ability of doing for any of, for someone like Google, having the ability of doing Nigeria and then Mexico and then Brazil.
- ▶ 22:13 Sebastian Kanovich So we have people from Mexico living in South Africa.
20VC: 13 of the Great Investing Minds on When to Pay Up vs When To Remain Disciplined and Walk Because the Price is too High: The Ultimate Guide to Price Sensitivity
- ▶ 4:27 Marcelo Claure Perfect example of that is Cabac in Mexico. 2 times in the scene
20VC: How Today's Market Changes How Companies Should Approach Burn and Runway, Are Financing Markets Closing? How To Know When To Pay Up vs Stay Price Disciplined & Why The Most Important Thing in Venture is Generating Positive Selection with Bill Cilluf
- ▶ 27:17 Bill Cillufo I mean, they're definitely different in Brazil and Mexico and the US and UK and Nigeria. 2 times in the scene
20VC: Biggest Lessons and Challenges Building One of the Most Successful Seed Funds, How To Manage Investor Psychology, Self-Doubt and Insecurity & The Secret to Truly Successful Venture Partnerships with David Frankel, Co-Founder @ Founder Collective
- ▶ 5:18 David Frankel Started the first low-cost carrier airline in Mexico called Volaris, which we listed on the New York Stock Exchange, but went crazy.
20VC: The Memo: Never Before Revealed Metrics; A Full Breakdown of Unit Economics Behind JOKR, How Does Emerging Markets Compare to Developed Economies & The Biggest Misnomers on Quick Commerce with Ralf Wenzel, Founder & CEO @ JOKR
- ▶ 17:40 Ralf Wenzel Let's take a market such as Mexico, and let's compare that against potentially like the US market. 5 times in the scene
- ▶ 22:13 Ralf Wenzel If we make the calculation, and this is like how our whole business place is, has been built over like a 10 years horizon, and look into customer lifetime value on a net contribution basis, on a net contribution margin basis, we think the…
- ▶ 38:39 Ralf Wenzel There's one team that cares about the US, Brazil, and Mexico, and Colombia, and Peru, and Chile.
20VC: Getir Founder, Nazim Salur on The Future of Last Mile Convenience, Who Will Win? Lessons on Driver Acquisition and Efficiency, Zone Maturity and Time To Profitability and Scaling to 300 Cities in the US in 2022
- ▶ 37:11 Nazim Salur And we want to grow to the whole world, so I want to know what challenges in Mexico are, too. 3 times in the scene
20VC: Marcelo Claure, CEO of Softbank Group International on Lessons From Investing $1BN Per Week with Masa Son, How Softbank Could Have Up To 8 Companies Go Public in LATAM Alone Next Year & How Softbank Analyse Both Deal Pricing and Competition Today
- ▶ 18:17 Marcelo Claure And then we helped them buy Televisa in Mexico. 2 times in the scene
- ▶ 23:55 Marcelo Claure Perfect example of that is Cabac in Mexico. 2 times in the scene
20VC LATAM Part 2: a16z's Angela Strange on When To Expand Beyond Your Core Market, Why Serving the Unbanked is Such Good Business & Whether the Startup Will Acquire the Distribution before The Incumbent Acquires the Innovation?
- ▶ 7:07 Angela Strange But to your point, the two largest, Brazil and Mexico, right, 210,000,130 million, and then they're still very large in Colombia with fifty million, Argentina with 45. 3 times in the scene
- ▶ 9:08 Angela Strange And so being number five for a business, like being the number five Robin Hood in Brazil, and then expanding to Mexico to be the number six in Mexico, 2 times in the scene
- ▶ 14:32 Angela Strange And then there's a massive percentage of the population, like, 30 to 50% underbanked or unbanked across Mexico and Brazil that don't have anything. 2 times in the scene
- ▶ 19:59 Angela Strange And this is very much changing, but you hit the point, Mexico, or pre-pandemic, I think was 90% cash transactions.
- ▶ 23:05 Angela Strange But you look at building Kasai in Mexico and now Brazil, one, the pain point is even higher because the inconsistency across where you can stay is very, very high.
20VC LATAM: LATAM's Largest Fund, Kaszek Ventures on Scaling from $100M to $1BN, Why Capital is not a Source of Moat & Why LATAM is More Than Copycat Companies with Nicolas Szekasy, Co-Founder @ Kaszek Ventures
- ▶ 30:41 Nicolas Szekasy I loved reading Latin American authors, so favorite ones were the usual suspects, Garcia Marquez, Vargas Llosa, Rulfo and Octavio Paz from Mexico, Neruda, Cortázar, but my absolute preference went to Argentine writer Jorge Luis Borges.
20VC: Why Bundling Does Not Work, How The Best Founders Analyse Unit Economics, Why The Way We Approach Mental Health in Venture and Startups is Wrong with Nigel Morris, Co-Founder & Managing Partner @ QED Investors
- ▶ 42:56 Nigel Morris We see in Mexico lots and lots of talent, but we don't see the accelerators in Mexico, so we're going to put that together, and we've raised money from LPs, some of which we've mentioned already today in the conversation, and we're going… 2 times in the scene
20VC: Qualtrics Founder, Ryan Smith on The 2 Hour Decision Whether To Sell Qualtrics for $8Bn in Cash, Why Tying Your Identity To Your Company Will Never Make You Happy and His Relationship To Risk, Wealth and Responsibility as a Result
- ▶ 31:25 Ryan Smith And if you look at the kid who was sitting there at 16 versus a kid at 21 and the experiences that had happened to him from Korea to Mexico, that's what I hope my kids can have. 2 times in the scene
20VC: Nubank CEO David Velez on Scaling Nubank to a $25BN Company, Why What Makes a Great Founder Does Not Make a Great CEO & The Responsibility Framework and How Leaders Can Use It To Drive Efficiency
- ▶ 0:13 Harry Stebbings For those that do not know, NewBank is one of the fastest growing digital banks in the world, with operations in Brazil, Mexico, Argentina, and Colombia.
- ▶ 12:33 David Vélez I think for us was we had a conversation in our board in 2000, after three years in, where I suggested going to Mexico and the board slapped me in the face and said, no way.
- ▶ 18:45 David Vélez When you go to Brazil and you see customers paying 450% APRs and paying a ton of different fees and waiting four months to open a bank account, or you go to Mexico and you see five banks owning 90% of all the assets of the system, the pain…
20VC: Rappi Founder Simón Borrero on Growth vs Profitability, Capital Efficiency, Raising $1.7Bn as a LATAM Company and Why Uber Eats Did More To Help Than To Hurt Rappi
- ▶ 28:02 Simon Borrero We launched last week in Mexico.
20VC: Why The Unbundling of Fintech Will Continue, How VCs Are Propping Up The Neo-Banking Industry & Why We Need A New Framework To Value Businesses Today with Clay Wilkes, Founder & CEO @ Galileo
- ▶ 8:42 Clay Wilkes For example, in Mexico, 90% of payments still are in cash to
20VC: Cameo's Steven Galanis on Why You Must Fall In Love With Your Mission Not Your Product, How To Extract As Much Value From Your Investor Base As Possible & Should You Really Hire For 6 Months Ahead of What You Need?
- ▶ 16:05 Steven Galanis You know, imagine how big this could be in Bollywood, or how big this could be in, uh, Korea with K-pop, or in Brazil, or in Mexico with telling novellas.
20VC: a16z Partner Frank Chen on The Future of Car Ownership, Whether The High Employee Attrition Rate in The Valley Is A Feature or A Bug & His Biggest Lessons From Netscape, Loudcloud & Opsware
- ▶ 30:10 Frank Chen And Mexico.
20VC: James Cameron @ Accel on Building Great Startup Communities and The Rise of Enterprise and Cyber Security Software
- ▶ 19:49 James Cameron You know, they're now in US, UK, Mexico, France, and, and they're going like bananas.