Break out the Cachaça: Brazil’s largest early-stage investment fund opens

This morning, Redpoint e.ventures announced that it is the largest early-stage venture capital fund in Brazil. The firm raised $130 million and is the first Silicon-Valley affiliated fund dedicated to the region. This news comes just one week after BV Capital rebranded as e.ventures and formally unified its five international funds under one umbrella.

Converting interns to hires has big payoffs

Hiring incredible talent, notably engineers, has become a crushingly hard challenge for most startup founders. While hiring seems like a good problem (you’re growing), try searching for a new Ruby engineer for six months, while your traffic takes off, feedback emails flood in, and product development grinds to a halt.