LATAM
topic on 4 shows · 11 statements across 8 episodes
Cheeky Pint 
A Product Market Fit Show 
the a16z Podcast 
20VC
11 statements about LATAM, every show
Ale Massa: Kavak Had to Vertically Build Latin America's Car Infrastructure
“But to do that, we also had to build a fintech and a logistics company and the Carfax and like Basically, all the infrastructure for this to work didn't exist in, in LATAM, so we had to build everything vertically so we could serve our customers the right way.”
Bridge took 18 hours to disburse tens of thousands of aid payments
“First time we did an aid payment disbursement, we were working with the US government to disperse aid payments into LATAM. We were sending tens of thousands of payments, which was like a lot for us. It's not that much for Stripe. It took us like 18 hours to se…”
O'Driscoll: Nubank dominated Latin America because incumbent banks were inefficient
“In LATAM, they were old, they were stodgy, they weren't serving their consumers, and they were, these guys came in over the top, and they didn't just build a deposit base like Chimebill, they've done the whole, the full monte, they do deposits, they do lending…”
Bilbao: Rappi was likely a16z's first investment in Latin America
“I think we were the first A-sixting C investment in Latam, something like that.”
Bilbao: LatAm founders must appear Americanized to raise mega venture rounds
“In Latam, as a founder, I feel that if you want to raise like giant funds,
You have to come across as an American or American Mitch.
You know what I mean?
Like somehow us educated, there's this need to feel very American.
Otherwise I don't think that you race.”
Nyatta: Smaller, Selective Fund Sizes Work Better in Latin America
“The smaller, selective, more personal touch trying to change a company's trajectory one at a time Is a better approach for a region that still doesn't have the full ecosystem maturity. So that's the most fundamental thing I've changed. I think slightly smaller…”
a16z Invested in LATAM Startups Loft, Jeeves, Pomelo, and Addy
“Andreessen has made some very significant investments in LATAM over the last few years, in the likes of Loft, Jeeves, Pomelo, and Addy, to name a few.”
Latin America Saw Five Public Listings in 2020
“If you look at LATAM, like, there were five IPOs in twenty-twenty.”
LatAm Founders Handled Dot-Com Crash Better Than US Counterparts
“I'm sure that we were better suited than most of the founders from more developed countries, that they were not aware that something like this could happen.”
Szekasy: No local VC firms existed in LATAM during MercadoLibre's initial fundraising
“When we raised money at Meli, there was not Even one VC firm that was operating out of LATAM.”
Strange: LatAm banking will be delivered via mobile, not bank branches
“So I've got a few investments down there. I hope to make more. If you wanted one chart, you would look at credit card penetration per country. So let's take Columbia where I have a great team there. It's about 14%. It's been stagnant for years. Smartphone pene…”