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All of this about Brazilian entrepreneurship and ecosystem is only a reflection of the real problem. Brazil's problem is corruption and extremely concentration

by meira 12y ago

All of this about Brazilian entrepreneurship and ecosystem is only a reflection of the real problem. Brazil's problem is corruption and extremely concentration of wealth, granted by a corrupt government, the same since always. We still have regions that are ruled by families that received lands in the 1600s. Everybody that has money in Brazil have tons of ways to get richer without risk, because the brazilian government prioritizes and secures this kind of development, hiring their companies to do infrastructure projects, for example. And that is why our tax system is complex, or bank system "secure" and we have full employment (with low skill jobs) for a long time. It's enough to keep people occupied and the system running. The irony is that only startups could save Brazil from this doomed scenario. And that is the reason why, until now, the ecosystem hadn't developed. But someday, this will be hacked. Disclosure: I'm Brazilian and had my startup broken by Brazilian corrupcy.

seanflyon 12y ago
Could you tell us more about how corruption broke your start-up? What would need to change for start-ups like yours to have a better chance?
- meira 12y ago
  > Could you tell us more about how corruption broke your start-up? Our request for a national program to fund startups was accepted, we had R$200,000 granted for 1 year of investment. But after that, they stoped answer our emails, and 6 months later, they announced that we and a dozen more startups were removed from the program, without explain why. The program is ruled by laws and we should have the money, but sue the government in Brazil is totally worthless. 5 years to win, 10 years to receive. As I said before, we have a very well planned system for the things to stay wrong. > What would need to change for start-ups like yours to have a better chance? Have more and more connected hackers to work around the issues. And the investors start to see on them the way out, not in the copycats.

by meira 12y ago

seanflyon 12y ago

Could you tell us more about how corruption broke your start-up? What would need to change for start-ups like yours to have a better chance?

meira 12y ago
> Could you tell us more about how corruption broke your start-up? Our request for a national program to fund startups was accepted, we had R$200,000 granted for 1 year of investment. But after that, they stoped answer our emails, and 6 months later, they announced that we and a dozen more startups were removed from the program, without explain why. The program is ruled by laws and we should have the money, but sue the government in Brazil is totally worthless. 5 years to win, 10 years to receive. As I said before, we have a very well planned system for the things to stay wrong. > What would need to change for start-ups like yours to have a better chance? Have more and more connected hackers to work around the issues. And the investors start to see on them the way out, not in the copycats.