Quote from Mav88:
yeah right... that's why you are in South Florida right now
here's a clue- we don't need your shit, it's time to go home
Here is more good news to piss off Mav88:
Reuters â June 8, 2012
Facebook backer turns his attention to Brazil
http://finance.yahoo.com/news/facebook-backer-turns-attention-brazil-160703100.html
SAN FRANCISCO/ SAO PAULO (Reuters) - One of Facebook's earliest investors has turned his attention to a distant market with a small but lively start-up scene: Brazil.
Kevin Efrusy, the partner at Accel who spearheaded the firm's initial $12.7 million investment in Facebook back in 2005, has made several new investments in Brazil over the last year or so.
Efrusy, who declined to be interviewed for this article, is perhaps the most ambitious of a growing number of U.S.-based venture capitalists who see opportunity in a country with a large population, a fast-growing middle class, big growth potential and political stability.
Redpoint Ventures and BV Capital created a Sao Paulo-based firm, Redpoint eVentures, earlier this year. Benchmark Capital and General Atlantic have invested in Peixe Urbano, a Groupon-style deals site. Insight Venture Partners has invested in several Brazilian companies, including discount-travel site Hotel Urbano and, alongside Accel, in handcrafted-goods marketplace Elo7.
"Venture capital is an industry that is just being born in Brazil and the trend is that it will go very quickly from millions to billions," said Haroldo Korte, a Sao Paulo-based manager at Atomico, a fund created by Skype co-founder Niklas Zennstrom.
Last month, Sao Paulo was one of the hottest stops for Geeks on a Plane, a series of tours organized by venture capitalist Dave McClure of Mountain View, California-based 500 Startups. The tour brought more than 40 tech junkies, entrepreneurs and investors to Brazil.
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