Monthly Archives: April 2012

Rio de Janeiro versus São Paulo

Rio de Janeiro versus São Paulo

At Brazil Hacks, we have all the information you need to start a tech company in Brazil…

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Top 20 tech startups in Brazil

Brazil is quickly becoming a hub for technology startups in Latin America.  Aside from the technology blogs in Brazil, the best resource is the Brazilian Startup Dealbook, a shared spreadsheet of all the startup investment activity in Brazil. The following charts are based on data from this spreadsheet and they should give you a crash course in the big-name startups in Brazil that have recently raised money or been acquired. Top 15 investments since 2009 (by …

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Top startup blogs in Brazil

Of the many TechCrunch style blogs that cover the startup scene in Brazil, there are two clear references: 1) Startupi / @startupi – edited by Diego Resmus.  This was the first blog to gain traction as a startup blog, funded by Michael Niklas, and is now hosted at IG.  Diego interviews newly founded companies and documents the best tech events in Brazil.  This blog is definitely one to read regularly. 2) Webholic / @webholickers  - edited by Diogo Bedran …

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5 first steps to decide whether to start a business in Brazil

I am commonly asked what is the best way to get started in Brazil.  Sometimes I wish there was a more sophisticated answer than the one I am about to give but I don’t think there is.  So, if you are trying to find work in Brazil or thinking about starting a company here and you have never lived here, here are the first steps: 1) Network. Speak to anyone you know who is Brazilian …

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Top 5 most influential people in internet in Brazil

That say it’s not what you know, but who you know.  This couldn’t be truer in Brazil.  It’s common to hear name dropping as people flash their assets.  Here are the 5 names that will come up time and time again in conversations regarding startups in Brazil. 1) Eric Acher.  Partner at Monashees, one of the top venture capital funds investing in consumer internet companies in Brazil. 2) Simon Olsen.  Now working at Google as Business Development, …

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Top startup meetups in São Paulo

It’s difficult to really understand the Brazilian startup scene without attending the events and meeting the people.  São Paulo is the centre for startups in Brazil and the biggest meetups are found there.  In order to meet and build relationships in the local startup scene, I recommend you attend the following startup meetups in São Paulo: BR New Tech; meetups every couple of months organized by Bedy Yang of Brazil Innovators and 500 Startups. If …

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Top startup meetups in Rio de Janeiro

The startup scene in Rio de Janeiro is growing quickly.  Several accelerators have setup recently in Rio de Janeiro along with angel groups like Gavea Angels which a large interest in stimulating the local startup community.  There are several meetups for people interested in startups in Rio de Janeiro; here is the pick of the litter: Rio Meetup; meetups every 2 months on Wednesdays at Cafe Del Mar in Copacabana (organized by Tiago Asevedo, costs R$40-70 …

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Top tech conferences in Brazil

If you are serious about startups, I can’t recommend highly enough going to the programming conferences.  Its the best way to find good programmers and potential cofounders.  Of the annual programming conferences in Brazil every year, don’t miss the following are: 1) RubyConf Brazil. Formerly Rails Summit Latin America, this event draws 700 attendees over 2 days.  Since Ruby is highly popular among US startups, this attracts a lot of talent interested in this area. …

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Barriers to innovation in Brazil

Brazil has many low hanging innovation “fruit”; problems unique to Brazil with huge markets crying out for innovative solutions. However, there is 10% of the innovation in Brazil than there should be. Here are a few reasons why: Structural barriers to iteration: High barriers to opening AND closing businesses Complex and time-consuming tax and legal system (and high corruption) Underdeveloped seed and growth capital markets High cost of doing business as a startup compared to …

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Is the tech scene in Brazil a bubble?

Brazil is a very hot market at the moment and naturally people have started asking whether it is becoming a bubble.  I think there are a couple of questions here: 1) Is the market over valuing startups? 2) If there is a correction, will people flee the market? Answer to 1 is I’d say it’s about right overall (maybe a little over valued in e-Commerce). Brazilian startups are almost entirely focused on the Brazilian market …

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