Claure Is Huge Believer in Latin America Amid Global Disruptions [Business News Network (BNN) (Canada)]
WeWork Inc. (WE)
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Source: Business News Network
“I'm a huge believer in Latin America,” Claure said at Bloomberg's New Economy Gateway Latin America event in Panama City. “These last three years have been remarkable, even in these difficult times we have been able to get amazing returns.” The influential venture capital investor, best known for turning around Sprint and preparing WeWork for its public listing during his time as chief operating officer for SoftBank International Corp, expects companies to flock to the region as geopolitical developments show a supply chain too concentrated in one country is risky. That trend should bring “a lot of capital” to the region, Mexico especially, he said. Claure Bullish on AI, EV and Blockchain: New Economy Update Another huge driver of capital should be around the electric vehicle revolution – particularly in Bolivia, Chile and Argentina, which sit on massive reserves of raw materials including lithium needed to produce batteries. “Just for having the right commodity they have in
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