Borrero: Aggressive growth is unsustainable until unit economics are cracked
Simón Borrero · 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 · Mar 18, 2021 · at 16:25
Simón Borrero is the co-founder and CEO of Latin American delivery super-app Rappi. He explains Rappi's capital deployment philosophy regarding hyper-growth versus profitability.
“And it's growth, growth, growth when you've cracked unit economics. If you haven't cracked unit economics, it's unsustainable to scale. So you have to crack unit economics and then go as fast as you can, knowing that you're going to be burning a lot of money to grow.”
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