Forget the 90% failure rate - this VC wants 100% survival. | Javier Cueto, Imagine Ventures

Javier Cueto has reviewed more than 12,000 startups across Latin America. Through Imagine Lab, he backed 120 of them at idea stage and hit a 30% survival rate, including two acquisitions that tripled his investments. He now runs Imagine Ventures, a pre-seed and seed fund investing in the future of work and future of finance across the region, where four years in, every portfolio company is still alive. He makes the case for why the Silicon Valley power law breaks down in LatAm, walks through the M&A math behind targeting five or six 15X exits instead of one unicorn, and explains what emerging managers get wrong about fundraising timelines in the region.