Building A Company In Brazil; An American Entrepreneur’s Perspective

While I may have pulled several all nighters, and slept under a few desks in my day, I am still pretty soft compared to your typical Brazilian entrepreneur. In fact, most coddled Silicon Valley entrepreneurs are wimps compared to the Brazilian founders I know.

Brazil is the first market for my start-up, Colingo, a service that helps young professionals learn English as a second language. In the process of doing market research in Brazil, I’ve gotten to know many Brazilian entrepreneurs, and a few weeks ago I traveled to Brazil for Startup Weekend Sao Paulo during Global Entrepreneurship Week, according to a report in Tech Crunch.

Brazil is Latin America’s largest e-commerce market .and macro-economic conditions have never been better. At $11B, it’s the same size as S. Korea- and it’s growing 25% Y/Y. Multinational corporations are rushing in to participate in the bonanza. Their timing is ripe: With the 2014 World Cup and 2016 Olympics approaching, the 200M domestic market has a rapidly growing middle class beaming with optimism.  >>More here

SOURCE: techcrunch.com

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