Posts Tagged "Investors Cut"
Current Brazilian dilemma: Will Batista survive or not? by Leonardo Gottems
Timizzer.com- OGX, the crude oil arm of the group EBX owned by billionaire Eike Batista, is experiencing a decline in oil production at the Campos Bay. Now, the forecast is that OGX will produce 5,000 barrels a day – a third of the first prediction.
As a result, the company’s papers had a fall of 41 percent, an equivalent to nearly US$ 5 billion. The losses, according to ranking, made the billionaire lose his post at the eighth richest man in the world to below twenties…
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Read MoreTimizzer Latin America Investment and Market News Weekly 05/06/2012, by Leonardo Gottems
- BTG Pactual buys Cruzeiro do Sul bank
- JBS holding gives end to contract to buy Delta
- Colombian multinationals increase profits abroad
- Telefónica, KPN to unite against Slim’s America Movil
- Oil provinces of Argentina to have seats in YPF board
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Read MoreInnovation in southern Brazil: the case of Paradoxa, by Leonardo Gottems
Timizzer.com - José Cesar Martins is a venture capitalist in southern Brazil. His company, Paradoxa, is based in Porto Alegre, Rio Grande do Sul, and was designed to explore the startups of the region and “providing the resources and network to make a start-up a high-value asset”.
In an exclusive interview to Timizzer, Martins explains his experiences, including failures, the risks of co-investments and investments on innovation, the environment of innovation in southern Brazil, and starting a business with “little or no money”. The entrepreneur thinks that the potential of his region, especially on intellectual capability, is underestimated by investors…
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