André Street, o maior VC pessoa física do Brasil
Ao longo dos últimos 15 anos, André Street ficou mais conhecido como o fundador da Stone, a empresa que ajudou a quebrar o duopólio Cielo-Rede no mercado de maquininhas. Mas em paralelo à construção da companhia, Street foi montando silenciosamente um outro negócio: um portfólio de participações em startups que hoje vale perto de US$ 200 milhões, e que provavelmente faz dele o maior VC pessoa…
André Street, the largest individual venture capitalist in Brazil, began his investing journey in 2010, following the sale of his first payments company, Braspag. Prior to founding Stone in 2012, Street invested in or was directly involved in around 40 startups, including Brex, Cora, On Running, QI Tech, Enter, Trinus, and Livemode. About 20 of these startups still remain in his portfolio.
Street prefers to contribute his time rather than cash, acting as a "late co-founder" and helping founders with product development, hiring, strategy, fundraising, and client/customer connections. He aims to invest in startups where his involvement could be worth at least $20 million within three to five years, with the potential for a 10 to 20 times return on investment. His typical investment amounts range from $50,000 to $5 million.
Despite the size of his portfolio, Street is unsure of the exact amount he has invested. The net asset value of his portfolio, including reinvested gains, is estimated at approximately $200 million. Street's investment style is characterized by his intensity and obsession with execution, which has led him to successfully secure deals for his portfolio, including the acquisition of Elavon's Brazilian operations.
Street believes that the quality of the first 100 hires is crucial for building a company's culture and long-term success.
Written by urgent.news from Brazil Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
