Everything Brian Requarth said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Viva Real became the market leader despite being the most underfunded
“We were the most underfunded out of the, out of everybody, but we ended up becoming the market leader.”
Latin America's aggregate GDP is twice as large as India's
“If you take the aggregate of the region, it's an enormous, you know, it's twice as large as India when you look at the GDP.”
Viva Real reached 7M Brazil property listings and 35K advertisers
“Initially it was just a classifieds model. So we had, you know, advertisers, we had, you know, seven million properties across Brazil and, you know, about 35,000 real estate companies that advertised.”
Viva Real sold for $600M in an all-cash transaction in 2020
“We sold the company for six hundred million dollars all cash. It was approved by the antitrust authorities in November of 2020 six month kind of review process. And yeah, all, all shareholders are now cash.”
Requarth owned much less than 30% of Viva Real at its exit
“I didn't own 30, 40% of the business. I wish I did.”
Latitud accepts only successful LatAm founders and top global GPs as LPs
“Just getting our first LP commitments from only LPs are founders that have built big business in Latin America or GPs of top funds in, you know, in the U S or globally.”
Latitud co-founder Gina Gotthilf grew Duolingo from 3M to 300M users
“My co-founder, Gina Gotthil, ran Duolingo, grew it from three to three hundred million users.”
Latitud plans to invest $50K to $250K for 3% to 10% equity
“We're gonna start investing in some of these companies probably in the second half of the year. We'll, we'll start formalizing our investment for specific terms taking around a three to 10% equity in these companies and investing between 50 to 250,000.”