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Julio Vasconcellos

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52
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2022-09-23
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2022-09-23
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  1. I joined Facebook at the end of 2009, actually early 2010. That's when they shipped me down to Brazil to really focus on driving growth in Brazil. And as a reminder, Facebook had something around a million users at that time in Brazil. And our biggest competitor, which was Google's social network ORCID, had over 35 million users. So I was shipped down by the growth team and said, look, go and figure this out and kill Orchid and make things happen. So I was everyone from the intern to the CEO to the secretary to the janitor of Facebook, Latin America. When I think about the main learnings I had of working at Facebook, I would say that the first one is about just the power of product market fit. When you're in a rocket ship like Facebook and everything you do can kind of only go right, it's really a testament to how product market fit really solves all problems. And if you don't have it to take the flip side of it, it doesn't really matter what you're going to do because you're never going to be able to achieve greatness.

    2022-09-23 · The Twenty Minute VC · 20VC: Why Greed is the #1 Enemy of Venture Returns, Why Not Enough VCs Play to Win and Lessons from Scaling to $100M and 1,200 Employees and Then Cratering with Julio Vasconcellos, Founder @ Atlantico · IDENTIFIED FROM THE TRANSCRIPT · source

  2. So the cliff notes on me is that I've spent the last 15 years or so mostly as a founder and operator half that time in Silicon Valley, San Francisco Bay Area, and half the time down here in Brazil. When I was an operator, I think similar to a lot of folks out there, I started investing, right? It was first as an angel investing. This is over 10 years ago. Ultimately, over time, just started to fall in love with investing. And ultimately, when I wrapped up my last company a few years ago, I decided to just dive head first into investing and build that fund that I always dreamt of having when I was an operator, an entrepreneur. And that's what AtlanticCo is today. I'm originally from Brazil, so it seemed to me to be quite obvious to go all in on Latin America. I think it's probably one of the most exciting regions in the world. I felt like I obviously had a personal edge being here and having started a company down here. And I think today with Atlantico, we've built what's one of the leading early stage funds in the region. And I think we're still in the early days of building what we think is going to be the dominant venture.

    2022-09-23 · The Twenty Minute VC · 20VC: Why Greed is the #1 Enemy of Venture Returns, Why Not Enough VCs Play to Win and Lessons from Scaling to $100M and 1,200 Employees and Then Cratering with Julio Vasconcellos, Founder @ Atlantico · IDENTIFIED FROM THE TRANSCRIPT · source