Brazil is not the easiest place to be an entrepreneur. The excessive amount of regulation and taxes can sometimes overburden a business – particularly a small one. Recently, though, Latin America’s largest economy has reduced taxes on small businesses, which has led to an explosion of investments in startups, particularly through angel investment. According to a study by Anjos do Brasil, a network to stimulate new business in Brazil, this type of investment rose by 16 percent last year, amounting to an all-time record BRL 984 million.
The average annual volume per investor also increased,...
