Valor Writing
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Our Investment in Tembici
At Valor, we set out to find an ambitious team with a potentially winning solution for this monumental problem. Enter Tembici, the largest bike-sharing company in Latin America, with operations in three countries and 20+ cities.
Why Brazil? Brazil is the Beta Market of the World
Boasting a population of more than 210 million people and the world’s 9th largest economy, Brazil has long been a focus of emerging markets investment, since it was anointed as a member of the “BRIC” countries by Goldman Sachs in 2001.