.svg)
June 28, 2022
It was early 2019 when Softbank's official landing in Latin America marked the largest-ever technology fund focused exclusively in the region. LatAm was breaking its own records in terms capital injection, and the firm had already tested the waters with a few juicy checks. So Softbank committed US$ 5 billion to the new Latin American Fund – about the same as all of the region’s venture investments in 2017 and 2018 combined.
One of the people leading it was Paulo Passoni. But after three years as Softbank's Managing Partner in Latin America, he felt it was time to move towards different ambitions. In April 2022, Paulo announced he was leaving Softbank with Shu Nyatta, Softbank's other LATAM Managing Partner, and together they would do their own thing.
All in all, Paulo has a solid 15-year experience investing in all business stages in Latin America. While on garden leave and building the next steps, he's remains active on the board of companies like VTEX, QuintoAndar, Creditas and Loggi.
On today's episode, Paulo and Brian talk about:
.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.
