Redpoint eVentures Avoids The ?Helicopter VC? Approach In Brazil, Announces New Investment

Earlier this month, Redpoint Ventures and BV Capital's eVentures announced the formation of a new, joint firm in Brazil ? called, somewhat predictably, Redpoint eVentures. Managing director Yann de Vries and founding partner Anderson Thees were in the Bay Area this week, so I had a quick talk with them about their plans. Brazil's startup ecosystem is taking off, but until now, Thees said VC firms have fallen into two camps. On the one hand, you have small, local firms, and on the other hand, you have "helicopter VCs" who have offices in Silicon Valley or elsewhere, and make their investments from afar. Redpoint eVentures, on the other hand, has the resources of an international firm, but Thees is also "Brazilian born and raised," and both he and de Devries are based out of Sao Paolo.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/fccnWjbx22o/

flat tax flat tax divine bettie page harry caray maksim chmerkovskiy s.978