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What the Bolsonaro victory means for Brazil’s startup ecosystem

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What the Bolsonaro victory means for Brazil’s startup ecosystem - Pedro H. Ramos is a partner at Baptista Luz Advogados. Pedro has been representing clients in the technology sector since 2009. He is an advisor to the Interministerial Committee for Digital Transformation, a board member at ABStartups (Brazilian Startup Association) and co-author of the book “Regulatory Environment: Public Policy Best Practices to Support Startups” (with Felipe Matos). On October 28, far-right candidate Jair Bolsonaro won the Brazilian elections, after one of the most polarizing campaigns of the last decades. For months before the result, the economy was destabilized by an unpredictable race during which Mr. Bolsonaro was stabbed during a rally and the primary challenger, center-left candidate Fernando Haddad, entered the campaign after the original candidate, the now incarcerated former president Luis Inácio Lula da Silva, was pulled from the race. The uncertainty caused by the elections hi...