Awakening The Sleeping Giant: Why Brazil’s Tech Scene Is One To Watch

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Awakening The Sleeping Giant: Why Brazil’s Tech Scene Is One To Watch
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  • 📰 Forbes
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Brazil is showing signs that the sleeping giant is finally waking up and moving towards its tipping point

Bedy Yang is Managing Partner at 500 Startups, one of the most active early-stage venture capital firms in the world. She manages their global ecosystem team that partners with corporates, investors, governments and foundations around the world to unlock innovation.“Brazil is the country of the future” was a familiar phrase for many years - or as we say in Portuguese - “Brasil, país do futuro”. For tech startups, that future is now.

Brazilians : Renata Zannuto , Caio Bolognesi , Mike Krieger , Bedy Yang , Andre Street , Cristina Junqueira , Renato Freitas Looking at Brazil today, there are three main factors pointing to the permanent awakening of this dormant market: There are a few key stakeholders who’ve achieved success through their previous companies and are now looking to reinvest in the market.

A third example is the case of Mario Letelier, Rodrigo Borges and Romero Rodrigues, the founders of one of the most well known Brazilian startups, Buscape, that was acquired by the Naspers Group. The former founders are now using their operating experience to empower the next generation of entrepreneurs. Mario and Rodrigo are investing through Domo Ventures, and Romero through Redpoint Eventures.

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