3B1 Partners
fund on 1 show · 5 statements across 1 episodes · said 3 times in 1 episodes since 2022
Mentions by year, every show
tap a year for its mentions
Capital Allocators 3
2022 3 mentions in 1 episode
every mention on every show, scene by scene, with the transcript →
5 statements about 3B1 Partners, every show
Bitar: Venezuelan Dollarization Catalyzed Recovery Faster Than Projections
“Actually, in all our projections, when we began buying assets in 2020, was for like two or three years of more economic hardship. And it really, the dollarization was an impressive catalyst to create increased performance.”
Bitar: Venezuelan Operating Margins Have Historically Outpaced Latin America
“Venezuela was traditionally one of the most profitable markets in Latin America in every industry. When we were working in telecoms, margins in telecoms company was like, 40%. The rest of the region was 25. Food was the same, and we still see it to date.”
Bitar: Venezuelan Private Equity Deals Trade at 3.5x to 5x EBITDA
“The transactions that we're looking at, I would say they range between three and a half to five times EBITDA, three and a half to four and a half times EBITDA.”
Bitar: 3B1 Avoids Turnarounds in Venezuela to Isolate Macro Upside
“Because we want the least micro risk that we can, because what we want is the exposure to the macro risk. So we don't want any turnaround situations. We don't want any company in crisis. We don't want a company without management.”