Colombia

“There's so much opportunity to build popular apps, build the same exact app in another country because the app store is huge in other countries.”

“I would say 85% of the company is between India and Colombia.”

“We have about one to two percent of Columbia's population using read on a daily basis.”

“We didn't do that fast enough in, in Colombia, as a good example, and we get disrupted by Rappi. So then the cohorts deteriorated big time.”

“Costa Rica is stupid expensive. It's like three or four times more expensive than Columbia.”

“Nubank, for example, which is a business and a management team that we admire, building one of the most attractive digital banks, not just in Brazil, where it's a leader, but really when you're stack ranking it up globally, and they have a very disciplined fra…”

“I think you run a little bit into more of the liquidity constraints where you see the businesses just building for Chile or building just for Colombia. Those tend to have much much harder exit opportunity. But when you really get Brazil and Mexico, you'll find…”

“When we go to these three countries, Brazil, Mexico, and Colombia, we go after big markets where we see a path to be Probably the largest financial institution in each one of these countries eventually, because we are the primary bank account and we become the…”

“The working capital cycle for credit cards in Brazil is very favorable for a credit card company for what we're trying to do, which is Almost, almost compared to anywhere else in the world, Mexico and Colombia are much more typical.”

“Today's leftists in America are not the leftists from a generation ago. Again, you learn from your father's mistakes. In Latin America, you talk to guys in Chile and in Colombia and in Mexico, they've learned from Chavez. They've learned from Argentina. They d…”

“There's been a hundred plus companies created by Rappi employees. It's crazy. Even, almost 50 in Colombia.”

“And the president of Colombia told us he's caught those same Chilean protesters with Russian technology, trying to do these things in Colombia as well.”

“The other half, each kid got the balloon as they entered. Those families bought 25% more food because they had been given something first.”

“In countries like Colombia, 70% of the population, seven zero percent, earn less than two minimum wages per hour”