Rising From the Ashes

Rising From the Ashes

Brazil

Unbelievable as it may seem, more than a few investors are willing to bet cold, hard cash on Latin American software companies. Many entrepreneurs and their backers were mangled when the Internet boom ended three years ago, so money no longer flows like water. “Nowadays, it’s back to basics,” says Jonathan Whittle, principal at Darby Technology Ventures Group (DTV), part of private firm Darby Overseas International. “We require companies that have real products, that have real clients and have real revenues.” Jonathan Whittle, Darby Technology Ventures

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