20VC: Marcelo Claure & Shu Nyatta on Lessons from Investing $7.5BN at Softbank & Why Dumb Money has Gone, Why "LATAM is Under Construction" and the Next 10 Years Will Be the Best & Investing Lessons from Missing Nubank & OpenAI & Investing in FTX
This podcast episode explores the innovative venture capital model of Bicycle Fund, which aims to empower entrepreneurs in Latin America by providing more than just capital. They discuss the importance of speed of execution, effective feedback between founders and VCs, and understanding the unique characteristics of each market. The episode also covers the challenges and opportunities in Latin America's investment landscape, including the need for local listings and M&A as alternative liquidity options. Bicycle plans to invest in companies that minimize losses and generate doubles or triples in the first fund, rather than trying to invest a significant amount of capital to generate a grand slam.
