An entrepreneur’s guide to Brazil’s startup ecosystem


The past two decades have been marked by a period of sharp peaks and troughs for Brazil, the largest country in Latin America. On one hand, the country has undergone an impressive economic transformation, which led to Forbes in 2012 naming Brazil “one of the most entrepreneurial countries in the world”. In 2000 Brazil’s GDP was ranked around 11th in the world at roughly $655.5 billion, and today it’s in the eighth position at roughly $2.5 trillion. However in the last five years, Brazil has experienced an economic recession while corruption at the highest levels of business and government has stoked…

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