Years before artificial intelligence became a magnet for institutional money, Alejandro Betancourt López placed a sizable bet on it. Through his investment group, he backed an AI company around 2019 or 2020, when the sector still sat well outside the mainstream of large capital flows.

The position aged well. By early 2025, it had returned roughly 20 times its original cost, a result he confirmed publicly while choosing not to name the company.

Confirmed, but unnamed

He shared the multiple without the label. Betancourt López verified the roughly 20x figure on the record yet kept the company’s identity to himself, a reticence that fits an investor who prefers results to publicity around any single holding.

The detail he did offer matters more than the name. Entering that early meant buying before the thesis had been proven by anyone else’s returns.

The same thread as the permits

The AI wager echoes the VTC licenses. Both looked unconventional at the moment of entry, and both rested on a read of where economic activity was heading rather than where it sat.

Patience tied them together. Buying early and waiting while the market caught up describes the ride-hailing play and the technology bet alike, two positions separated by sector but built on the same habit of mind.