A company to raise a million US dollars (2,2 Million Reais) here in Brazil has t... | Hacker News

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dudurocha on June 18, 2014 | parent | context | favorite | on: This app says 'yo' and has raised $1 million

A company to raise a million US dollars (2,2 Million Reais) here in Brazil has to be profitable and have at least 1 Million U$ in profit!

The VC Firms abroad should come to Brazil, we have several good companies who can't raise half a million dollars. Way better than yo's.

lukasm on June 18, 2014 [–]

> 1 Million U$ in profit!

What is the point of raising a million if you make one? Did you mean revenue?

dudurocha on June 18, 2014 | [–]

Yes, pardon my english. I mean revenue.

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