Exclusive interview: Marcos Galperin anticipates his next steps and denies a jump into politics
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In his first one-on-one meeting with an Argentine media outlet in five years, the founder of Mercado Libre tells unknown anecdotes about his beginnings, the original business plan and his opinion on Elon Musk; why he believes that entrepreneurship is like “giving life”, what place artificial intelligence will occupy and what led him to invest in cryptocurrencies; the behind-the-scenes of Milei’s visit. It was only three minutes. Marcos Galperin was alone in front of a man who had sat at the desk next to him. The Stanford classroom silently awaited the students who would join the class of Jack Macdonald, one of his favorite teachers, because he always brought the most important leaders of the world of business at a global level. It was March 1999 and there were only two months left for the creator of Mercado Libre to graduate. “Hello, I’m Warren Buffett, only I dressed up as John Do,” said the oracle of Omaha and one of the most important investors in the world smiling to a Galperin who had not recognized him. An American irony of what would be a local “Juan Pérez”. Google images and photo search engines didn’t exist back then, so the trick fell on him a while later, when all his colleagues glued themselves to the man who personally owns three times the gross reserves of Argentina as a fortune. 00:00 Exclusive interview with Marcos Galperin 00:45 Anecdote with Warren Buffett and the transition of Mercado Libre from reality to reality 04:29 Beginnings of the original business plan 06:06 Founding of Mercado Libre 10:46 Implementation of the business idea at Stanford 15:45 The arrival of eBay in LATAM vs. the growth of MELI 17:32 Original Mercado Libre team through the years 22:05 Creation of Mercado Pago 27:54 Marcos Galperin's “fascination” with Elon Musk and the comparison between Mercado Libre and the social network X 29:20 Marcos Galperin: “It's a total myth that I want to be president. I don't want to enter politics either” 32:24 The art of entrepreneurship 34:27 His vision of cryptocurrencies 35:46 Perspectives on artificial intelligence 38:31 Opinion on Javier Milei 40:24 Franco Colapinto: an example of inspiration 41:46 Definitions in a tweet: quick responses 45:22 Closing and farewell @EYArgentina #makers
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