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HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
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Building a Global Hardcore Financial Technology Company from Brazil: Ricardo Josua, CEO of Pismo (Part 1)
We don’t hear of hardcore B-to-B technology ventures coming out of Latin America very often.Ricardo is building one that caters to banks and financial institutions, has raised over $100M in financing, has over $25M in revenue, and has major Latin American banks as customers. Sramana Mitra: Let’s start at the very beginning of your journey.
1Mby1M Virtual Accelerator Investor Forum: With Daniel Ibri of Mindset Ventures (Part 5)
Sramana Mitra: What is the scale of the consumer internet population right now in Brazil? Daniel Ibri: We have passed the mark of more than a smartphone per person. That shows you that a huge number of the population is connected. We have very good broadband in most of the country. A lot of people
1Mby1M Virtual Accelerator Investor Forum: With Daniel Ibri of Mindset Ventures (Part 4)
Sramana Mitra: Are you looking for unicorn-style investments or are you also interested in the smaller niche plays that are going to have smaller exits. Let’s say $50 million to $100 million exits. Daniel Ibri: We are interested in the smaller ones. I honestly believe that’s a very smart niche to be at this time.
1Mby1M Virtual Accelerator Investor Forum: With Daniel Ibri of Mindset Ventures (Part 3)
Daniel Ibri: If you go to a retail shop, you can normally pay for your high end equipment in installments. It’s really common for the Brazilian market. These retailers end up giving credit, direct to consumers, out of their own balance sheet. The delinquency rate is really huge. It’s something around 30% to 50%. The
1Mby1M Virtual Accelerator Investor Forum: With Daniel Ibri of Mindset Ventures (Part 2)
Sramana Mitra: You have a very interesting investment thesis. What stage do you come in? Daniel Ibri: We normally invest early stage. It’s normally pre-A, A, or post-A. It’s normally around Series A and we normally co-invest with local funds. We try not to lead the rounds. We co-invest with local VC’s and angels. We
1Mby1M Virtual Accelerator Investor Forum: With Daniel Ibri of Mindset Ventures (Part 1)
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Daniel Ibri was recorded in April 2019. Daniel Ibri, Co-Founder and Managing Partner at Mindset Ventures, talks about his firm’s investment thesis in enabling US and Israeli companies to enter Brazil. Sramana
Building a FinTech Company in Brazil: Sergio Furio, CEO of BankFacil (Part 5)
Sramana Mitra: Let’s come to where you are now. Help me understand your business better. What’s happening on the platform? Who’s doing what? How are you getting paid? What do you need in terms of infrastructure to make your model work? Sergio Furio: Today, BankFacil is a secure lending platform. We are a digital lender.
Building a FinTech Company in Brazil: Sergio Furio, CEO of BankFacil (Part 4)
Sergio Furio: We actually ended up doing exactly what we were seeing at that point, but there were too many question marks. We raised money from a couple of seed funds – one from Brazil and another from the Czech Republic. That was 25% of the round. Another 50% was from a set of 8
