Equity LatAm 'plays on hard mode' according to VC Mercedes Bent
Aug 23, 2023
A venture capitalist shares insights into the resilient landscape of Latin American startups. The discussion dives into the complexities of fintech and the overhype that often surrounds it. There's a focus on the unique challenges faced by underrepresented founders and the evolving dynamics of venture capital. The speaker also explores the cautious intersection of generative AI and fintech, pointing out consumer hesitance and the need for trust in financial decisions. Expect thought-provoking commentary on the future of innovation in these sectors.
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Early Interest in Tech
- Mercedes Bent's interest in tech started young, fueled by her entrepreneurial parents' dinner table business discussions.
- She worked at Goldman Sachs, the Federal Reserve, and several startups before becoming a VC.
Behavioral Research at the Fed
- At the Federal Reserve post-crisis, Bent studied why people took out loans they likely couldn't afford.
- This research explored the behavioral psychology behind these lending decisions.
General Assembly Experience
- Bent worked at General Assembly, an edtech company focused on career mobility.
- There, she led their full-time bootcamp division and implemented financial products.