In Argentina, venture capital surges even as the broader economy stutters

In Argentina, venture capital surges even as the broader economy stutters

6 years ago
Anonymous $dicfOfy7s2

https://techcrunch.com/2018/07/27/in-argentina-venture-capital-surges-even-as-the-broader-economy-stutters/

Even as the Argentine government was announcing the biggest slide in the country’s economic output in nearly a decade, technology investors in the nation’s capital are all gearing up for record fundraising years.

Three of the country’s biggest firms (which are still small by international standards) are raising new, exponentially larger, funds in a sign that technology companies are showing promise despite the bleak picture painted by the broader economy in Latin America.