Igneous Quill

AOL's "Daily Finance" is calling the projected expansion of broadband in Brazil a "gold rush" for multinational companies, but I think the real growth will actually follow the development of the communication infrastructure. Brazil is a nation of young and increasingly tech-savvy people. The only two restrictions on a massive explosion of start-up work (at least that I can see) are the nation's adverse business laws and bureaucracy, and the lack of suitable infrastructure. Even just solving the second problem would open the door to an enormous increase in start-up activity.

With just a little improvement, Brazil could potentially become home to the new Silicon Valley of our day.