Innovation  and  VC  in  Brazil  

www.privcap.com  Sponsored  by:  

Based  on  Privcap’s  exclusive  report  

Sponsored  by:  

In  this  slideshow:  

• The  Brazilian  Venture  Capital  boom• DeBining  Brazilian  Innovation• Landscape  of  exits  in  Brazil

The  ecosystem  for  innovation  in  Brazil  has  improved  dramatically  

Watch  video  |  Read  full  report  Share  this  slideshow  

Innovation  and  venture  capital  in  Brazil  is  “light  years”  ahead  of  where  it  was  a  decade  ago,  but  the  country  still  has  signiBicant  hurdles  ahead  -­‐  the  venture  ecosystem  needs  more  funds  and  more  investors  who  not  only  can  seed  startups  but  can  also  take  them  to  the  next  level  of  growth.  

Brazil’s  culture  of  entrepreneurship    is  strengthening  

Watch  video  |  Read  full  report  Share  this  slideshow  

“Failure  was  never  really  accepted  in  the  ’90s.  If  you  were  doing  startups  you  had  to  be  a  little  crazy.  Something  was  not  right  or  you  didn’t  get  a  job.  Whereas  today,  we’re  on  the  other  side  of  the  pendulum,  where  there’s  probably  entrepreneurs  doing  it  for  romanticism—and  they  think  it’s  easy.  We’re  probably  going  to  get  a  balance  out  of  that  but  the  cultural  aspect  has  changed  a  lot.”    

-­‐Patrick  Arippol,  DGF  Investimentos  

The  VC  business  in  Brazil  is  not  entirely  about  “copycat”  startups  

Watch  video  |  Read  full  report  Share  this  slideshow  

“What  they  are  doing  is  adapting  to  the  need  of  a  market  that  the  disruptive  company  from  the  U.S.  wouldn’t  know  how  to.  I  think  we  have  to  detach  the  stigma  of  copycat,  not  talk  about  copycat,  talk  about  adaptation  of  a  technology  and  understand  also  that  the  innovation  process  allows  for  that.”    -­‐Susana  Garcia-­‐Robles,  Multilateral  Investment  Fund  

Impressive  exits  are  driving  further  investment  activity  

Watch  video  |  Read  full  report  Share  this  slideshow  

Sometimes  the  quickest  way  to  exit  is  to  follow  

someone  else.    

Brazilian  innovation  is  exportable  

Watch  video  |  Read  full  report  Share  this  slideshow  

“We  truly  believe  that  where  the  money  is  in  terms  of  venture  capital  in  Brazil  is  in  companies  in  large  markets  that  you  can  muscle  up  and  globalize.  We  like  to  look  at  where  Brazil  has  the  competitive    advantage  in  the  world  and  then  we  look  at  the    companies  that  have  the  competitive  advantage  within  that  competitive  advantage.”    

-­‐Marcus  Regueira,  FIR  Capital  

For  more  private  equity  video  interviews,  special  reports  and  

commentary,  visit  www.privcap.com  

Share  this  slideshow