Monday, November 14, 2011

Who is Talking about Brazil in London? Recap of the NOAH Conference

It was a grand setting for a tech conference - a classical facade topped with a busty bronze lady, an outdoor cocktail patio on the bank of the Thames, a vaulted open space with color-changing uplighting, effusive plant arrangements, and a seemingly countless number of cocktail waiters.  Europe's leading VCs and entrepreneurs converged in London last week for the city's premier annual tech event, the NOAH Conference.  Organized by NOAH Advisors, a boutique internet-focused advisory firm and especially its founder Marco Rodzynek, the gathering drew approximately 1,500 attendees to hear from Europe's leading tech lights.

Germany and Spain were the stars of the show.  It seems Europe's startup center is quickly converging on Berlin.  The low costs, university talent and strong venture capital community have fostered a wave of new companies.  London probably retains its place as the technology center but the Germans are catching up quickly.  I was also surprised to see the strong presence of Spain, especially Barcelona.  We heard from industry leading firms like Softonic (by far the market leader in LatAm), Budgetplaces, Trovit and Privalia - all based in Barcelona.

Brazil was a top theme for many firms.  Examples worth highlighting:  Most of the $80mm in annual revenue for fashion flash sales site, Privalia, comes from Brazil.  Criteo, a online display advertising firm that claims to have "search like" click through rates, recently opened an office in Sao Paulo.  Just Eat, launched its Brazil site, Just Delivery, in September.  Homeaway, a home rental site, recently opened their first Brazilian office in Rio. The largest market, by far, for Israeli translation company, Babylon, is English to Portuguese translation in Brazil.  It's clear - Brazil is a huge portion of many overseas companies' success.

Interestingly, we also learned that Facebook is reducing its "growth" team in Brazil.  They believe they have won the market and are now focused on their new growth markets in Japan and Russia.

A big congrats goes out to Marco for a conference that was, by several accounts, a success.

 P.S. I mentioned Benjamin White and 21212 in a recent post.  They recently picked their first class of startups.  Check out a great article by Anna Heim in The Next Web to see all about the progress of this Rio/New York incubator.


  1. Really impressive post. I read it whole and going to share it with my social circules. I enjoyed your article and planning to rewrite it on my own blog. please visit here @ Packers and Movers Mumbai

  2. Dear;

    We can help you. We are a private company which people in need of money help without BKR scrutiny. You can borrow any amount from us. No further questions, but clear agreements and clarity for you and us. Together we determine the term of the loan and the monthly installment to pay. Please contact us soon and we will contact you for your wishes. Fast clarity and a good one for you. Wait no longer, but grab this solution with both hands. Contact us:

  3. Excellent post! I must thank you for this informative read. I hope you will post again soon. Warehousing of I must be thankful for sharing your ideas.Thank you for the good writeup.its a brelient job.please visit here for more detail:
    Packers And Movers Bangalore charges

  4. Packers and Movers Hyderabad Give Certified and Verified Service Providers, Cheap and Best ###Office Relocation Charges, ***Home Shifting, ✔ ✔ ✔ Goods Insurance worth Rs. 10,000, Assurance for Local and Domestic House Shifting. Safe and Reliable Household Shifting Services in Hyderabad with Reasonable Packers and Movers Price Quotation @
    Packers And Movers Hyderabad

  5. Superb post, we enjoyed each and everything as per written in your post. Thank you for this informative article because it’s really helpful, I really like site.
    Please visit our website: @ Packers and Movers Ahmedabad


  6. Hire Best Packers And Movers Mumbai for hassle-free Household Shifting, ***Office Relocation, ###Car Transporation, Loading Unloading, packing Unpacking at affordable ✔✔✔ Price Quotation. Top Rated, Safe and Secure Service Providers who can help you with 24x7 and make sure a Untroubled Relocation Services at Cheapest/Lowest Rate
    Packers And Movers Mumbai

  7. I am really enjoying reading your well written articles. I think you spend numerous effort and time updating your blog.
    Packers And Movers Bangalore

  8. Excellent post! I must thank you for this informative read. I really enjoyed reading it,c you’re a great author.Please visit here @ Local Packers And Movers Bangalore

  9. Packers and Movers Bangalore as a Services providing company can make all the difference to your ###Home Relocation experience. Bangalore based Company which offers versatile solutions, Right team that easily reduce the stress associated with a ✔✔✔Household Shifting, ***Vehicle Transportation. we help things run smoothly and reduce breakages and offer you seamless, Affordable, Reliable Shifting Services, Compare Shifting Charges @ Packers And Movers Bangalore

  10. Packers and Movers Pune Provide High Quality ***Household Shifting, Home/Office Relocation, Insurance, Packing, Loading, ###Car Transportation Service Pune and High experiences, Top Rated, Safe and Reliable, Best and Secure Packers and Movers Pune Team List. Get ✔✔✔Affordable Rate Charts and Compare Quotation and Save Money and Time @ Packers And Movers Pune