The Rise Of The TechnoLatinas: A Full-Fledged Startup Movement Emerges In South America
The South American entrepreneurial community is no longer a small band of companies vying for attention. Instead, it is a full-fledged movement with an ecosystem that is creating new connections for the economies of Argentina, Brazil, Chile, and the rest of the world.
These entrepreneurs represent a movement now. They are the “TechnoLatinas,” and their growing strength became readily apparent this past week at Disrupt San Francisco 2012.
Ignacio Peña is a Buenos Aires entrepreneur who coined the TechnoLatinas term to help define a movement whose growth plays off a combination of factors:
A growing number of angel investors are starting to invest in South American startups and the venture capital community is growing. Accel Partner Andrew Braccia said late last year to the New York Times that there has been “an acceleration of high-quality opportunities” in Brazil and no shortage of ambition. Accel has made several investments, including Kekanto, a Brazilian review site, according to a report in TechCrunch. >>More here
SOURCE: techcrunch.com
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