Shifting Interest Off-Line

Shifting Interest Off-Line

The overzealous vision of Internet entrepreneurs in Latin America may have clashed with economic reality, but it provoked a wholesale change in the region's access to early-stage financing. Venture capital was introduced to Latin America, helping companies secure private equity investments in a region where money is scarce and costly. Venture capital and private equity last year left a huge mark on Latin America's financial markets. In 2000, Latin American Internet companies received $2.57 billion in financing, up 268% from 1999, according to the consulting firm Bain and Co. There have been virtually no new investments in Internet start-ups in th

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial