How do you approach capital allocation while trying to build the next Tencent?
Replied byFabricio Bloisi
CEO, Prosus and Naspers at Prosus
Niche: AI, eCommerce, Marketplace, Technology, Finance, Edu, Health & Wellness
Revenue: $1M+/month
Location: UK
Started: 2015 or
We sold some Tencent over the years and did a large buyback. But our challenge is still to build the next Tencent, by creating big companies in Europe and Latin America and India. We invest through acquiring companies, but also through innovating a lot. We want to operate leaders, not just allocate a portfolio.
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