[ffreitasalves]

In Brazil we have a lot of ways to make money without risk, so this is one of the problems we are facing to get funding and when we pass through this obstacle we have to give a lot of equity for the investors.

This kind of relationship between founders and investors is very harmful and it is contributing to failure of brazilian startup scene.

Another point your post made very clear is the lack of entrepreneurs that already had success in tech startups. We have a lot of people pretending to be mentors, but none of them have any skills to do that. They never grown a business, or got to millions of users from zero. They just are assuming that they are mentors and are supported by the specialized media. Just impostors gaining money from lectures and classes.

And, unfortunately, I believe another problem we are facing is the culture. People are not open to use something new. Just few people are early adopter and it is a real problem for companies that need to achieve a critical mass to start running.