Latin America’s Unicorn Scoreboard Is Changing: Valuations, Reality, And The New Rules

Key Points “Most valuable” often means the last private-round valuation tag, not a live market price. Mexico’s Kavak shows how quickly tags can reset: about $8.7bn down to roughly $2.2bn after an April 2025 down round. In 2026, investors will reward cash discipline, credible reporting, and paths to liquidity over loud growth claims. Latin America’s […]