June 10: VC funding in Brazil, a conversation with Pat Burtis

BayBrazil & Silicon Valley Bank present:

VC funding in Brazil, a conversation with Pat Burtis

When: June 10, 2014, 6pm-8:30pm
Location: Palo Alto office of Silicon Valley Bank, 2400 Hanover Street, Palo Alto, CA
Please note this event is open exclusively to BayBrazil members. Become a member today!
Pre-registration

Are we in the midst of another tech bubble in the U.S.?

According to the latest MoneyTree report, investors poured $9.5 billion into 951 U.S. start-ups in the first quarter of 2014. Although the amount is more than double the total raised in the last quarter of 2013, it’s still way bellow investments during the dotcom bubble, when venture capital deals reached about $25 billion per quarter.

In Brazil, private equity and venture capital firms invested about $6 billion in the country in 2013, up from $5.7 billion in 2012. The country’s inflation and currency devaluation are making some investors cautious but, new funds are emerging, created by both Brazilian and foreign firms.

The WSJ published this week that U.K-based private-equity firm Apax Partners LLP plans to invest hundreds of millions of dollars in Brazilian companies in the next 18 months. And, VC firm Amadeus Capital Partners has made its first investment in Brazil, leading an $8.9 million funding round in Bidu, a Brazilian online insurance price comparison and brokerage company.

On June 10, join us for a conversation with Pat Burtis, San Francisco-based Partner of Amadeus Capital focusing on high tech companies in the US, Latin America, and Europe. He currently serves on the Board of Bidu, GreenRoad and AMEE. He has also worked closely with Transmode (TRMO.ST), Optos (LON:OPTS), Tobii, ClickTale, and GlySure and other tech companies. In this exclusive fireside chat with Andy Tsao, from Silicon Valley Bank, Pat will talk about his vision on the investment landscape and the business environment in Brazil.

Guest speaker: Pat Burtis, Amadeus Capital
Moderator: Andy Tsao, Silicon Valley Bank

Agenda
6pm Complimentary cocktail reception
6:40pm Introductions
6:45pm Presentation & Q&A
8:30pm Adjourn