LatAm Digital Transformation Report from Atlantico

Village Global's Venture Stories

Julio Vasconcellos (@JulioV), managing partner at Atlantico, and Ana Martins (@martinsg_ana), partner at Atlantico, join Anne Dwane (@adwane), co-founder and partner at Village Global, to discuss Atlantico’s 2023 report on digital transformation in Latin America.
Takeaways:
- If Latin America was its own country it would be #3 in the world in terms of population and GDP.
- Brazil and Mexico combined make up over half of the population of all of Latin America.
- In the US about 60% of public market capitalization is made up of technology companies but in Latin America that proportion is only 1.8%.
- Latin America is about 10-15 years behind where China is, which is itself about 5-7 years behind where the US is. There is a ton of catch-up that will happen over the next couple decades and that presents a huge opportunity.
- Latin America has some deep scars from hyper-inflation decades ago. They were some of the first countires to quickly raise rates in order to tame the inflation that we've been seeing globally in the last few years. That has paid off with some countries in LatAm starting to lower rates already.
Check out the full report here: https://www.atlantico.vc/latin-america-digital-transformation-report-2023
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