Softbank is Gaga For Latin American startups. Since it was first announced to Plant the stake in the region’s soil in early 2019, Japanese conglomerates have invested more than $ 5 billion in the region from their own balance sheet, which is expected to exceed $ 8 billion. dollars by the end of the year. ..

Its capital contribution is logical, to say the least. In 2019, startups in Latin America raised $ 5.3 billion. According to CB Insight .. In 2020, we raised roughly the same amount.

This year, the pace of trade has shifted into high gear, with $ 9.3 billion invested in Latin American startups in the first six months, and SoftBank Group CEO Marcelo Claure will hit the region for $ 30 billion. per year by 2023. We believe that nearly the dollar be invested.

“Finally, the world has realized that Latin America has size,” Claure, of Bolivian descent, told TechCrunch Disrupt today. “It’s only half the size of China, but twice the size of India and three times the size of Southeast Asia.”

Moreover, he said that people are making money there. “Latin America has the same GDP per capita as China, from $ 9,000 to $ 10,000 per year, or three times that of India (GDP per capita) and twice that of Southeast Asia. .