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Silicon Valley is a state of mind
“Silicon Valley is a state of mind,” said Ambassador Pedro Borio, Consulate General of Brazil in San Francisco, during a recent address at the annual BayBrazil Conference. Borio spoke of the major growth in ties and similarities between Silicon Valley and Brazil over the last decade, a stormy tide of a national political scandal starting to ease and his prediction that Brazil… Read More
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Corporate venture growth in Brazil is another sign of a mature tech ecosystem
Despite recent positive news and a renewed interest of international investors in the country, the reality is that Brazil is suffering. The country has endured a profound financial crisis for several years. As the mess untangles and we go up from what many experts consider the bottom, the consequences for the region’s overall economy are now very real. For investors, it’s a… Read More
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The opportunities Silicon Valley doesn’t see
Silicon Valley is justifiably seen as the geographical center of digital innovation. From Google and Facebook to Uber and Netflix, the Valley is home to many global technology leaders. However, when searching for the next big startup, the time has come to look beyond Silicon Valley. Read More
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Xiaomi Expands Its Empire To Brazil, Will Sell First Smartphone There July 7
Xiaomi, the $45 billion valued Chinese firm ranked the world’s third largest smartphone maker, has taken its first step outside of Asia after launching its business in Brazil. Assured Labor Raises $6.75M, Has Connected Workers With 100K Jobs In Latin America’s Informal Sector
Long before LinkedIn went public or before a plethora of on-demand startups began washing the Bay Area and other U.S. cities with services at the click of a button, there was this startup from an MIT grad called Assured Labor. David Reich started the company in 2008 to make informal labor markets in Latin America faster and more transparent for low-skilled workers. It was a social enterprise… Read More
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Intuit Buys ZeroPaper, Its First Acquisition In Brazil
Accounting software giant Intuit is looking to raise its game in international and emerging markets, and it’s doing so in part by way of acquisition: the U.S. company has bought ZeroPaper, a startup out of Brazil that offers cloud-based accounting services to small businesses, specifically money management solutions. Terms of the deal have not been disclosed. ZeroPaper says in a blog… Read More
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Finance Startup Nubank Nabs $14.3M In Sequoia’s First Brazil Investment
Nubank, a financial services startup based in Brazil, is today opening for business with two key pieces of news. It is launching its first product: a MasterCard Platinum credit card that you can manage through an Android or iOS app. And it is revealing some of the details of its own finances so that the world knows Nubank means business: the company has raised $14.3 million led by… Read More
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Brazil Court Issues Injunction Against Secret And Calls For App To Be Remotely Wiped
A court in Brazil has ruled (via UOL) that Apple and Google must remove Secret, the anonymous social networking app, from their mobile software stores – and also from user devices where it’s already installed. The court has issued a preliminary injunction in the case, pending the results of a final ruling, as a result of a complaints by users harmed by rumors spread via the app,… Read More
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