How Alejandro Betancourt López Turned €5,000 Permits Into a €220 Million Asset
Around 2015, a pile of permits sat untouched in Spanish government files. These VTC licenses, the credentials that let private cars carry paying riders, were selling for as little as €5,000 apiece, and almost nobody wanted them.Most people saw paperwork with no future. Alejandro Betancourt López saw the raw material of a market that hadn't arrived yet, and he started buying while the rest of the trade looked the other way.Buying what nobody...