SM: Did you get the sense that eBay was not focused on Latin America at all yet? What was the Latin America Internet market at the time? What kind of Internet penetration? MG: It was very small. There was 3% penetration roughly. Today it is 20%, so it still can grow a lot. Out of
I did this interview in Buenos Aires, Argentina, during my recent trip consulting with Mercado Libre, Latin America’s largest online marketplace. I found the story fascinating, and wanted to capture it for my readers all over the world. SM: I would like to hear the story of how you built Mercado Libre. Let’s start with