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VC and PE Firms Are Going Nuts for Brazil, But Trying to Keep It Quiet
December 16, 2010 /
Brazil is booming, thanks to growing demand for its natural resources, like wood, steel, oil, minerals (and Brazilian supermodels).
Its resultant GDP growth — projected to average 4.1% through 2040, compared with 2.5% for the U.S. — has transformed dozens of consumer Web and mobile startups into exceedingly hot properties that stateside VCs are quietly yet aggressively trying to get behind.
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Posted in: Other Economies
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