The Ledger
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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.”