Tech
How Mercado Libre is building Latin America’s most powerful tech ecosystem
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In 1999, a young Argentine named Marcos Galperin took a leap of faith in a Stanford finance class and pitched his e-commerce dream to a passing billionaire — Warren Buffett.
The Oracle of Omaha wasn’t sold, but another investor was. Later that year, John Muse, a private equity veteran, offered to fund Galperin’s startup idea: a digital marketplace tailored to Latin America.
Twenty-five years later, that idea has become Mercado Libre Inc, or simply Meli—the region’s most valuable company, worth nearly $100 billion. And it’s still charging…
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