Francisco Amador | Sleepwell (@SleepwellCap) header
Francisco Amador | Sleepwell (@SleepwellCap) profile picture

PE & VC at @ArqosCapital, a Venezuela-focused fund. Former HF analyst. Having fun & learning at Sleepwell. Infinitely curious. Take your pleasures seriously.

Miami or Caracas
Joined November 2020
Photo by Francisco Amador | Sleepwell (@SleepwellCap)Photo by Francisco Amador | Sleepwell (@SleepwellCap)Photo by Francisco Amador | Sleepwell (@SleepwellCap)Photo by Francisco Amador | Sleepwell (@SleepwellCap)Photo by Francisco Amador | Sleepwell (@SleepwellCap)Photo by Francisco Amador | Sleepwell (@SleepwellCap)Photo by Francisco Amador | Sleepwell (@SleepwellCap)Photo by Francisco Amador | Sleepwell (@SleepwellCap)Photo by Francisco Amador | Sleepwell (@SleepwellCap)
I'm excited to share that I'm joining Arqos Capital as a Managing Director, to lead their Private Equity and Venture Capital efforts while replanting my roots in my home country – Venezuela. I genuinely believe we’re facing a generational opportunity to rebuild and invest behind Venezuela's upcoming recovery, and few platforms are as well positioned as Arqos. The firm sits in a unique position for this stage as it has been investing in Venezuela since 2019 – a deeply contrarian decision at the time. Over that period, Arqos has built a highly reputable asset management platform, an exceptional team, and a differentiated position in one of the most overlooked markets in the world which now has transformed into a valuable first mover advantage. Today it finds itself at the right place and at the right time. On a personal level, this opportunity is especially meaningful. After 17 years abroad, I’m excited to reconnect with my home country and contribute, in a small way, to this long-awaited reconstruction phase while also helping build the Arqos platform. Sleepwell Capital will remain active as a side-project focusing on selective high-conviction opportunities and a content platform, always using the same filter: looking at and talking about things that fascinate me and drive my curiosity. This is a major (and unexpected) career transition for me after spending over 10 years as a public markets investor, but I couldn't be more excited.
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Francisco Amador | Sleepwell retweeted
A few differences on the research process of investing in public markets vs. private markets in Venezuela:
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Francisco Amador | Sleepwell retweeted
Let’s not forget Singleton was also a legendary angel investor: He invested $320K into Apple in 1978 which 81x’d to $26M in 3 years after IPO. Guy was built different.
While Singleton’s share repurchases get a lot of attention, the pure growth during Teledyne’s first ten years is astonishing. Revenue: $4.5 million -> $1.1 billion Net Income: $175k -> $32 million EPS: $0.13 -> $8.55 ~150 acquisitions
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Let’s not forget Singleton was also a legendary angel investor: He invested $320K into Apple in 1978 which 81x’d to $26M in 3 years after IPO. Guy was built different.
While Singleton’s share repurchases get a lot of attention, the pure growth during Teledyne’s first ten years is astonishing. Revenue: $4.5 million -> $1.1 billion Net Income: $175k -> $32 million EPS: $0.13 -> $8.55 ~150 acquisitions
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Saw @victorcardenas speaking at a startup conference in Venezuela. By far the most impressive stat about @Slash is that they're at ~$500M ARR and have only ~80 employees. For context there’s only like 3 companies in history that reached $1B in revenues with <100 employees
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Submerging Markets
BREAKING: Brazil's stock market collapses nearly -30% and the Brazilian Real loses -10% after President Lula da Silva is unexpectedly re-elected. Brazil's stock market has lost over $200 billion of market cap today.
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Francisco Amador | Sleepwell retweeted
The conditions allowing for the safe return of Ms. Machado to Venezuela is the direct result of the U.S. supported reconciliation talks which has already seen hundreds of political prisoners freed and hundreds of political opposition figures return from exile. The United States expects the freedoms of all sectors of Venezuelan politics to continue to be respected. Likewise, we expect all political actors to support these talks which represent the best chance Venezuela has had in thirty years to peacefully achieve not just a free and fair election but an enduring democracy.
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Honored to be featured in @IdeaBrunchEmail by @StockJabber to talk about Arqos Capital, what the future holds for Venezuela, and searching for private investments in my home country after being a public markets investor for 10+ years. Thanks Edwin! open.substack.com/pub/ideabr…
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Maria Corina back in Venezuela.
Estoy aquí. Con ustedes
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Congrats to @AndrewYAVB on this exciting new chapter of his life joining Bridgewater. Andrew is one of the OGs on Fintwit, newsletter stock pitches and podcasting. A huge inspiration for me. He will surely be missed!
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Francisco Amador | Sleepwell retweeted
What does the future hold for Venezuela? 🇻🇪 I’m interviewing Francisco Amador @SleepwellCap, who was born and raised in Venezuela, about the country's future, investment opportunities, and risks. Subscribe to @IdeaBrunchEmail so you don't miss his interview this Sunday!
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Francisco Amador | Sleepwell retweeted
Sunday's Idea Brunch was created to help investors better understand the world. Our upcoming interview with @SleepwellCap about Venezuela will do that in spades. Don't miss it this Sunday!
What does the future hold for Venezuela? 🇻🇪 I’m interviewing Francisco Amador @SleepwellCap, who was born and raised in Venezuela, about the country's future, investment opportunities, and risks. Subscribe to @IdeaBrunchEmail so you don't miss his interview this Sunday!
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Excited to be featured on @IdeaBrunchEmail this Sunday to talk about investing in Venezuela and @ArqosCapital Hope you enjoy it!
What does the future hold for Venezuela? 🇻🇪 I’m interviewing Francisco Amador @SleepwellCap, who was born and raised in Venezuela, about the country's future, investment opportunities, and risks. Subscribe to @IdeaBrunchEmail so you don't miss his interview this Sunday!
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Anyone else going to TomorrowX Summit in Austin?
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