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“To innovate, it takes risk. Brazil Startup Report

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“To innovate, it takes risk. And for a high-risk business
to succeed, a long and uncertain investment return is
required. The investor in Brazil has to deal with an
inhospitable environment and can not support the
risk to build a billion dollar business.
!
Let’s say we put risk on a numerical scale. The
investor typically can handle a risk of 10. Our
economy now accounts for 5, then the other 5 are
insufficient to truly innovative sectors of the economy
which would be incredibly beneficial to the economy.”
!
@gusguida
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