Serious business

Interview with Julie Ruvolo, Director of Venture Capital, Latin American Private Equity & Venture Capital Association Venture capitalists in the region seem to be quite serious. “There is very little money being invested in superfluous things, like an app that puts moustaches on a person’s photo,” said Julie Ruvolo, director of Venture Capital at the Latin American Venture Capital and Private Equity Association, Lavca. Funds go to projects to facilitate payments, to get loans, or to solve problems of the population at the bottom of the economic pyramid. In general, she said, Latin American startups have focused on solving problems that are important, but very specific to the region. That’s why fintech and e-commerce are the most popular areas of […]