Ecuador's location, sandwiched between Colombia and Peru, the world's two largest producers of cocaine, makes it a lucrative location for drug-trafficking gangs.
Investors have bought in. Pigment has raised nearly $400 million to date and crossed a $1 billion valuation in 2024, with backers including ICONIQ Growth, Meritech, IVP, Greenoaks, Blossom, and Sheryl Sandberg’s fund. But Crespo insists she’s in no rush to add more capital—or to go public. “IPO for us would be way, way down the line,” she said.
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The last thing I took with me on this gig was something special. The blessing of the one and only Tinker Secor.
become a serious contender in the computer industry. ERMA did not lead to a