At Valor, we set out to find an ambitious team with a potentially winning solution for this monumental problem. Enter Tembici, the largest bike-sharing company in Latin America, with operations in three countries and 20+ cities.
If there is one thing I am sure that most of us are missing during these months in quarantine, it’s eating out with our friends and loved ones.
Boasting a population of more than 210 million people and the world’s 9th largest economy, Brazil has long been a focus of emerging markets investment, since it was anointed as a member of the “BRIC” countries by Goldman Sachs in 2001.
As cross-border investors, we proactively map markets and compare trends in the US and other geographies to hypothesize which business models may be applicable to Brazil.