South American Adventures

Taking flying leaps into the unknown

My Life is like my bus voyage in Porto Alegre, Brasil

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Bus Agronomia headed towards central Porto Alegre. I’m rushing to get a colour copy of my passport to open an account for Fundacity with Silicon Valley Bank. A black and white copy of my black and white passport photo page was clearly not colourful enough :). We must have this account to receive previously committed investment and collect sales receipts.

I’ve been in Porto Alegre since my last blog. Literally not a sole, not even my gf, speaks a word of English and most not even Spanish. Gf thankfully speaks Spanish. My four European languages are completely useless in Brasil. As the rest South America says, Brasil is indeed a continent and world of its own.  My attempts of interaction here are rather comical.

Being a gringo on a bus not speaking the local language is a bit like with a startup, one must try to use whatever limited resources and skills one has in the moment to get by and to ultimately get to your end destination. So in my current position I mutter some portonol (Portugese + Spanish) words pronounced in my exemplary gringo accent to the on-board ticket money collector. I intensely watch his body language and eyes to try and absorb whatever body language I can to see if he understood my request which was “can you let me know when we arrive at Via Duto?”. photo (1)

Maybe he understood, but maybe not. The suspense is high but I got my  earphones plugged in and Mr Brightside from the Killers is helping me enjoy the roller coaster journey which like this bus ride has come to be my life since I left PricewaterhouseCoopers in 2012.

I ask the ticket guy for an update on my journey he’s words and body language seem to say:

“You are still far young friend, but your are headed in the right direction…”

…hopefully this to applies both to my bus and life journey.

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Author: Miklos Grof

Miklos is the CEO and co-founder of Fundacity. Fundacity is making startups investing easier. Fundacity already supports all the notable accelerators in LatAm in their startup selection and management and they are expanding rapidly across Asia-Pacific and Europe. With the recently launched Fundacity Investments Clubs it seeks to simplify the startup investing process in emerging markets and make it accessible to more people. Miklos has unique and extensive experience in start-up formation, business development and venture financing. He has raised and evaluated investment offers in venture capital from angels and VCs from three continents for a variety of deals. He thrives at launching businesses and making sales in new geographies. Miklos currently serves as a financial advisor and mentor for various start-ups including Taggify (an online contextual advertising company based in New York and Buenos Aires). At Taggify, Miklos advises on fundraising, financial reporting to the board of investors, tax filling and cash flow management. Miklos completed his MsC in Finance at the London School of Economics and previously worked in corporate finance at PricewaterhouseCoopers in London, fund sales at UniCredit Vienna and economic research at Erste Bank Budapest. He is a Chartered Accountant with the ICAEW, Institute of Chartered Accountant England and Whales and is quinti-lingual. He is passionate about startups and entrepreneurship and spends his free time engaging with the startup community.

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