Tech-Education Unicorn Turns Brazil Family Into Billionaires

(Bloomberg) — Ari de Sa Cavalcante Neto was spending so much time away from home selling his firm’s shares to U.S. investors that he felt he owed his seven-year-old daughter an explanation.

“I told her I had entered a very long competition and, if I won, I’d bring home a unicorn,” Cavalcante, chief executive officer of Brazil’s Arco Platform Ltd., told a group of entrepreneurs earlier this year.

By Felipe Marques, Cristiane Lucchesi and Vinicius Andrade via Yahoo Finance

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