.svg)
May 13, 2021
For a long time, Loreanne Garcia and her brother, Carlos, had talked about building something together. Originally from Venezuela, they finally found the perfect opportunity in Mexico in 2016.
That's when Lori, Carlos and their co-founder Roger started Kavak, an online platform for buying and selling secondhand cars. With a $4B valuation, Kavak became the first Mexican unicorn in 2020, right during the most unpredictable period most of us have experienced globally in our lifetime. Their fast response to the pandemic accelerated the company's growth, which is also operating in Argentina and expanding to Brazil.
It was during her MBA at Stanford that Lori discovered she had a passion for people and culture and confirmed she wanted to be an entrepreneur. As Chief People Officer, she made sure they were very intentional about culture since day one and paid special attention to it as the business scaled to over 2,500 employees. Through this 5-year journey, Lori learned important lessons from taking the team to where they are, which she shares with us today.
In this chat, find out:
.svg)
Disclosures for Latitud Finance
Latitud is not a bank. Banking, brokerage, FX, and other regulated activities are provided by our licensed partners in the United States and Brazil.
To become a Latitud Finance customer, you must agree to Latitud Finance’s Privacy Policy and Terms of Use.
Disclosures for US-Domiciled Latitud Finance Business Accounts
Some services that are part of your Latitud Finance Business Account are offered through Synapse Financial Technologies, Inc. and its affiliates (collectively, “Synapse”). Synapse is not a bank and is not affiliated with Latitud, Inc. Brokerage accounts and Cash Management Services are provided by Synapse Brokerage LLC (“Synapse Brokerage”), a registered broker dealer and member of FINRA and SIPC. You can find additional information about Synapse Brokerage on FINRA’s BrokerCheck. Please see Synapse’s Terms of Service, Privacy Policy, and the applicable disclosures and agreements available in Synapse’s Disclosure Library for more information.
Synapse Brokerage is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Funds maintained in the Synapse Brokerage Cash Management Program are deposited into one or more banks (“Program Banks”) where the funds are eligible for FDIC insurance up to $250,000. Please see your Brokerage Account Agreement and Synapse’s Terms of Service for further details. You can find a list of Partner Financial Institutions participating in a Synapse cash management program here.
