30 articles Tag Brazil

Want to live and work in Brazil?

Want to live and work in Brazil?

Live near the beach in one of the fastest growing economies in world. Find the information you need to find a job and setup in Brazil, avoiding the famous Brazilian bureaucracy.

Continue reading →

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 …

Continue reading →

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, …

Continue reading →

Foreign startups in Brazil

Brazil is a target market for many US startups and you will find many popular US websites that have entered Brazil organically. The biggest social networks in Brazil are mostly from the US such as Facebook, Twitter and LinkedIn.  LiveMocha (US) has a strong presence in Brazil which I don’t believe was the original plan but Brazilian’s loved the service. Groupon (US) entered organically via their international partner Rocket Internet (German). Lieferando (German) entered recently in …

Continue reading →

Top Brazilian VC funds

Brazilian venture capital is not as developed in the US (less money and fewer funds) and there was historically a gap in the market in growth capital for startups which required $500k-1.5M to get off the ground.   However, in 2012 the VC industry is growing quickly with several new funds created in the last couple of years to invest in consumer internet. There is a long list of VCs at ABVCAP (Brazilian Association of Venture Capital and Private …

Continue reading →

Top startup accelerators in Brazil

Accelerators are accelerating in 2012! Since a few big name companies like DropBox came out of Y-Combinator, the model has been copied across the globe. They work well in the valley, a mature investing environment, and now accelerators are looking for the model that works in Brazil. There are many good opportunities for accelerators in Brazil. I think accelerators can really help in terms of providing easy and cheap work spaces, providing legal and tax …

Continue reading →

Why VC investment will increase your fixed costs

It’s a reality that receiving investment from a VC in Brazil can really increase your fixed costs, particularly in tax, accounting, HR and legal expenses.  Here are the main reasons why: Most bootstrapped startups set themselves up as a “limitada” so they can enter the “simples” tax regime with low tax brackets.  On receiving investment from a SEC regulated venture capital fund, a limitada startup needs to transform itself into an “SA” (sociedade anônima) for legal reasons. …

Continue reading →

Top 12 tips to speed up opening a business in Brazil

The quickest way to open a limitada in Brazil is to buy a company off-the-shelf.   Although I have not yet done this, I would recommend looking into it.  You need to make sure the source is trusted and perform a complete due diligence.  Ideally you buy a recently incorporated company. Here are the top 12 tips to speed up opening a limitada from scratch (learned the hard way): 1) Understand the legal risks of being an administrator …

Continue reading →

Checklist to open a company in Brazil

The average time to start a company in Brazil is 120 days.  Remember this is an average and it can take even more time to get your legal entity up and running.  You should actively manage the process in order to minimize the time to getting your company incorporated. That said, here are the steps involved in opening a company in Brazil.  I highly recommend reading this detailed checklist which has more information and timings. ITEM MEASURES …

Continue reading →

Renting an office in Brazil

I am not sure about other cities but renting for a startup in Rio de Janeiro is not straight-forward at all. Aside from the mountains of paperwork, which are given in Brazil, here are some of the main issues you will face: High cost per m2: Expect to pay R$80-100 per m2 for anything with half decent transport access and security in Rio de Janeiro. I have spend 3 months searching for a decent office …

Continue reading →