7 articles Tag startup scene

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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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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8 legal reforms to improve the Brazilian startup scene

The legal system in Brazil is extremely complicated and tends hurts startups rather than nurturing  them.  There is much discussion in the startup community as to how to improve the competitiveness of new tech companies through reforms.  Here are 8 reforms that could have a positive effect on the Brazilian startup scene: 1) The legal process to open a company should be integrated and streamlined so that opening a company takes less than 48 hours and …

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Top 10 cloned websites in Brazil

Found a website that is successful in the US and want to bring it to Brazil?  If you have this idea, you are not alone.  Cloning websites with proven business models is big business and the leading cloning funds from Germany all have a strong presence in Brazil, attracted to Brazil’s highly social internet environment like moths to a flame. Berlin based Rocket Internet has a firm stronghold in cloning websites in Brazil after the success of …

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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 …

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Top 10 US VC funds in Brazil

There has been a strong trend of US venture capital funds investing in Brazilian startups.  Over the last couple of years, more than a dozen companies have received financing from the US.  There are pros and cons associated with receiving money from the US investors which I discuss here.  Here are the top 10 US VCs in Brazil. 1) Accel Partners: Elo7, Shoes4You, Kekanto, Vostu, Baby.com.br 2) Benchmark: PeixeUrbano 3) Felicis Ventures: Baby.com.br 4) General Atlantic: PeixeUrbano, Linx 5) Insight …

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