Masters in Business

Trends in Emerging Markets with Martín Escobari

88 snips
Apr 17, 2025
Martín Escobari, Co-President and Head of Global Growth Equity at General Atlantic, shares his fascinating journey from a communist upbringing in Bolivia to thriving in Brazil's e-commerce sector. He discusses navigating investment opportunities amidst chaos, highlighting sectors like technology and healthcare driving growth in emerging markets. Escobari also emphasizes the importance of health span and innovative solutions for societal challenges. His insights on patience in investment and reflections on life offer valuable lessons for aspiring entrepreneurs and investors.
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ANECDOTE

From Bolivian Roots to Harvard

  • Martín Escobari grew up in Bolivia with communist parents who disdained capitalism.
  • He was the first Bolivian in 350 years to attend Harvard, which opened vast opportunities for him.
ANECDOTE

Building Submarino in Brazil

  • Martín co-founded Submarino, an early Brazilian online retailer, amid a challenging economic backdrop.
  • The company experienced rapid growth, near bankruptcy, and eventual recovery, compressing decades of experience into seven years.
ADVICE

Lean Into Chaos Opportunities

  • Chaos in emerging markets teaches that crises are opportunities for transformational change.
  • Investors should believe in improvement and lean in when others are scared, staying true to business fundamentals.
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