Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
16 May 2022 Acquired Arena Show Part II: Brooks Running (with CEO Jim Weber)
“We know where the battles are. I think one of those powers is we make money on that.”
— Speaker unverified
Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 16 May 2022
- Publisher
- Acquired
Transcript context
…Do you think you need to do what the other folks in Oregon have done and build the whole consumer experience yourself? Is it a partnership? We're going to build it and we're going to partner, too. Nike Plus is a fantastic ecosystem. It just is. I'd love to have an ecosystem like that. But we're still selling more runners than they are. We became the number one running shoe brand in the United States in the last 12 months last month, 21.5% share from performance running. We know where the battles are. I think one of those powers is we make money on that. The digital space, there's a lot of carcasses there, but we'd love to have it, and we're going to work on it. All right, listeners, back in the home studio here. We have one more friend of the show to thank. That is the Softbank Latin America Fund. As folks know, their thesis has always been that the region was overflowing with innovative founders and great opportunities, which we've enumerated time and time again on the show, but has always been short on the one essential ingredient of capital, which we look at what Softbank Latin America has done deploying $8 billion into 70+ companies. There's a lot of capital flowing into the region right now. Softbank's takeaway from all of this is that technology in Latin America really isn't about disruption, but inclusion. A great example of this is portfolio company of theirs, Banco Inter. We actually talked with Banco Inter's CEO, Joao Menin on the show last season. Is that right, David?…
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