Bogota

other on 4 shows · 5 statements across 2 episodes · said 8 times in 2 episodes since 2019

Acquired 7 the a16z Podcast 1 20VC A Product Market Fit Show

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Acquired 7the a16z Podcast 1

2024 7 mentions in 1 episode
2019 1 mention in 1 episode

every mention on every show, scene by scene, with the transcript →

5 statements about Bogota, every show

PRODUCT MARKET FIT Assertion Not checkable as stated
Bilbao: Rappi faced bankruptcy until listing Bogota's top restaurants
“It started, when it first started, it was just trying to do grocery delivery. I knew it was not going well at all. Like it was not growing. We're clearly gonna go bankrupt. And then someone, maybe Simone, but someone came up with the idea of why let's not just…”
Andres Bilbao Sep 16, 2024 ▶ 7:29 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Bilbao: Rappi launched restaurant delivery by listing menus without merchant permission
“What are you going to do? Go and talk to each of them, have like three months negotiate. No dude, you just sent the courier. So you just got the menus. Put them on the app, and then people start ordering”
Andres Bilbao Sep 16, 2024 ▶ 9:58 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Bilbao: Rappi's 10-minute McDonald's delivery in Colombia is unmatched globally
“Like if you live in Bogota or maybe in Medellin, You cannot have that level of convenience that rapid provides anywhere in the world. You just cannot, you cannot get McDonald's in 10:12 minutes. You cannot. Only here.”
Andres Bilbao Sep 16, 2024 ▶ 16:33 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
20VC Disclosure
Borrero: Rappi acquired its first users by giving away donuts
“We had no users, so we had to go to the streets, and we actually started giving away donuts for downloads, and that's how we started to gain traction in a very small neighborhood in Bogota”
Simón Borrero Mar 18, 2021 ▶ 3:25 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
20VC Insight
Borrero: Delivery apps rely on hyper-local density over citywide coverage
“Because this business has hyper-local network effects. You need to make a specific user fall in love with your service, so that specific user in a specific neighborhood in Bogota or in Sao Paulo, she or he gives a shit if you have a 100,000 restaurants in othe…”
Simon Borrero Mar 18, 2021 ▶ 4:43 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

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