Americanas
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jan 20, 2023 by Chamath Palihapitiya · across every show →
Everything said about Americanas, oldest first
Jan 20, 2023 bearish
Chamath: Americanas destroyed $20B in value from Excel accounting errors
“Look at this company Americanas in Brazil, which just torched twenty billion dollars of enterprise value. Why? Because these guys were using Excel to do a bunch of complicated capitalization and cost accounting, made two or three years of mistakes. It added up…”