General Atlantic priced investments 20-30% lower than competitors during market boom
Martin Escobari · Martin Escobari: How to Invest During a Recession; Negotiation Tips; Developing Markets | 20VC #948 · 20VC with Harry Stebbings · Nov 11, 2022 · at 28:48
Martin Escobari is Co-President of General Atlantic. He reflects on how General Atlantic maintained valuation discipline against crossover investors during the 2019-2021 market peak.
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“We looked like tough negotiators because we were pricing things, 20, 30% below the tourists.”
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