Why LatAm Beats Other Emerging Markets, 2026 IPOs, & Discord Valuation | Guest Nathan Lustig | Ep19
In this episode of Trading Places, Dave McClure and Aman Verjee break down the reopening IPO market, sky-high AI valuations, and the growing push for private-market liquidity — before diving deep into Latin America’s venture ecosystem with Nathan Lustig (Magma Partners) and Karin Tenenboim (Practical VC).
Karin explains why Latin America has quietly outperformed other emerging markets on $1B+ exits, how Brazil’s Pix payments system changed fintech overnight, and why secondaries are still underdeveloped across the region. The episode closes with a valuation corner on Discord, including its…
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