March 1, 2019 |
Brazilian technology companies prefer to list shares in the US market, rather than the B3 stock exchange in São Paulo, panelists said at an event organized by the Brazilian-American Chamber of Commerce in New York.
"There is a concentration of tech investors in the US. You have high liquidity, and there is a valuation of multiple arbitrage," said Scott Sobel, managing partner and co-founder of the venture capital firm Valor Capital Group.
In addition, more than 90% of Brazilian startups are inco
Technology companies are attracted by greater liquidity and specialization in the US market