How accurate were our 2024 predictions?

Happy Holidays! As the year comes to a close, we want to take a moment to express our gratitude to all of you who make up the Bridge Latam community. Your support and collaboration drive our mission forward, and we couldn’t be more excited to step into the new year with such an incredible group of partners, founders, and friends. Wishing you and your loved ones joy, peace, and success in the year ahead!

At Bridge, we believe in accountability. One way we demonstrate this is by openly sharing how accurate—or off—our 2024 predictions turned out to be. Each year, we’ve made it a tradition to forecast trends across markets, politics, sports, and more. This year, the boldest prediction took the spotlight as the winner.

We awarded full credit for predictions that were clear and easily verifiable, while partial credit was given for predictions that involved subjective factors or were harder to measure.

Here are the final rankings for our 2024 predictions:

Now, let’s dive into the predictions that shaped this year’s rankings.

1) Daniel Vogel (GP – Bridge | CEO – Bitso)

• Bitcoin price will reach USD +$100K. Correct

2) Allison Campbell (GP – Bridge | Co-Founder Zubale)

• Shein becomes king of fast fashion. Partial credit

• Social commerce reaches new heights with launch of TikTok e-commerce marketplace. Partial credit

• Startup funding recovers in 2nd half. Correct

• Swifties continue to boost the global economy with the world tour. Correct

3) Javier Mata (GP – Bridge | CEO Yalo)

• Apple finally revamps Siri and gets in the AI game. Correct

• Multiple apps get disrupted by assistants, companies rush to build their assistants. Partial credit

4) Francisco Garcia (Investment Associate – Bridge)

• Mexico will experience early employees of Mexican unicorns launching startups. Partial credit

• Most world records broken at the Paris Olympics. Incorrect

• Mercado Libre stock will be up more than 20%. Correct

5) Alejandro Maza (GP – Bridge | CDO – Kavak)

• At least 1 open-source model beats GPT-4 / Gemini Ultra benchmarks. Incorrect

• AI inference costs halve every 6 months. Partial credit

• 100% AI generated short film streaming on major platform. Incorrect

• New course records on 5 of 6 marathon majors. Incorrect

• New course records in UTMB & WSER. Incorrect

• Non-European wins Nobel Prize in Literature. Correct

•Nvidia top 5 company by market cap. Correct

6) Miguel Garcia (GP – Bridge | CEO – Infosel)

• US/MX central banks pivot towards easing cycle taking interest rates down. Correct

• MXN/USD trades below $15. Incorrect

• At least one Latam VC-backed startup IPOs. Incorrect

• Biden & Sheinbaum wins. Partial credit

7) Federico Ranero (GP – Bridge | CEO Draiver)

• SpaceX surpasses $500B valuation aided by Starlink. Incorrect

• OpenAI remains on top of the AI battle. Correct

• IPO market opens up in H2. Incorrect

8) Luis Enriquez (Managing Partner – Bridge)

• Rappi IPOs with equal/better valuation than its last round. Incorrect

• A US VC fund invests in a Latam unicorn round. Incorrect

• Trump gets elected. Correct

9) Patricio Aznar (Managing Partner – Bridge)

• Mexican economy to grow more than 3.5% in 2024. Incorrect

• We will see 3 major exits in Latam. Incorrect

• China takes 1st place in the Olympic medal table and Mexico wins 3 gold medals. Incorrect

10) Eduardo Paulsen (GP – Bridge | CEO Ben&Frank)

• There’s an Exit of more than USD $100M in Mexico. Incorrect

Stay tuned for the 2025 predictions.