A recent study by the University of California, Irvine (UCI) explored the effects of consuming negative news. The more a person reads bad news, the more likely he or she is to become sad and anxious. In Brazil, with a national unemployment rate of 12.4 percent in the first quarter and repeated reductions to the GDP growth estimates for 2019, pessimism could be predominant.
However, Brazil is experiencing a boom in entrepreneurship related to tech, digital and scientific development. The country already has six “unicorns”—companies with market values above USD 1 billion—99, PagSeguro, Nubank, Stone Payments, Movile, and iFood. This is as many as France, and just one off Germany’s total of seven unicorns.
And that’s just the tip of the iceberg. The 11th Annual...
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