Score: Plan to take the GRE
GPA: 2.94
Pre-MBA industry: Finance: Venture Capital
Post-MBA industry: Finance: Venture Capital
2 years ago
23 Aug 2023 08:08
Although my family has owned a business conglomerate for over 106 years, I never wanted to take over. Instead, I longed to create something from scratch that I could be proud of, making decisions and shaping my business as I saw fit.
After university, I worked in capital markets, making high-yield fixed-income investments around the world. While I will always be grateful for everything I learned and the resilience I gained in this industry, I did not see myself there long-term. The gap between my actions and outcomes was significant, and I was dissatisfied with receiving credit for successes that relied more on random market factors than any particular skill or insight.
Thus, I moved to the real estate industry in 2016. At the same time, I reconnected with my friend Rafa Costa, who worked in growth equity and invested in major companies like Uber and Instacart and complained about the lack of LatAm tech startups. Along with some close friends, we decided to do something about it. We began making angel investments as a side hustle. Although we made mistakes, we were lucky and skilled enough to identify truly great companies. Through this hobby, I discovered what I wanted to do for the rest of my career and transformed the group into ONEVC, becoming one of its co-founders.
To gain much-needed operational experience, I joined a startup called Parafuzo, a leading home services cleaning marketplace in Brazil. At such an early stage, every action taken had immediate impacts for good or ill. Despite only being 24, I came to lead B2B operations, sales, and business development. I also became close friends with the CEO, whom I later recruited to become a partner at ONEVC.
In 2018, we raised funds and officially launched ONEVC, our venture capital firm. It was challenging to definitively tell my father I would not be replacing him in our family business. I thought carefully and discussed my options with my family, however, and took the plunge, making ONEVC my full-time job. Our first deal was Rappi, a delivery app similar to Doordash. We built their first Brazilian team and closed deals in restaurants, markets, and pharmacies. Today Rappi is valued at more than US$5B, operates in nine LatAm countries, and has over five million monthly users.
My career goals over the next several years revolve around becoming a better investor. After my MBA, I will return to ONEVC as a more well-rounded and competent investor, enabling me to train the next generation of ONEVC’s team, take the firm to the next level, and create an enduring positive legacy. My dream is to eventually develop ONEVC to be the firm of choice for the best founders in LatAm and support the development of a thriving tech hub in the region. By utilizing the platform I have helped build at ONEVC to fuel the growth of this ecosystem, I will pay it forward and help other young entrepreneurs create companies and legacies they are proud of.