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Maged said that just a few years ago, 60 percent of the tickets listed on StubHub were by brokers and 40 percent by individuals, but that the ratio had reversed.

As a result, the average price of tickets sold on StubHub fell 2.5 percent last year even as sales grew 26 percent. Since 2006, the average price of tickets has declined almost 20 percent, to $84.21 per ticket from $104.42. The average price of tickets sold on TicketNetwork, another major reseller, fell 30 percent in the last five years.

The four capital funds provided were: Emergence Capital (experts in Software as a Service), Storm Ventures (experts in mobile), Kaszek  (latinamerican fund  with extensive experience building marketplaces) and Atomico (focused on B2C created by Niklas Zennström, co-founder of Skype)

Brazil has the highest active reach of Internet consumers using the social network from home/work computers. Some 38.1 million Brazilians visited Facebook during March 2012, equivalent to 76.7 percent of all people who were active online that month from home and work computers in the market

The international angle, Rimer says, is becoming an increasingly common early priority: “Companies have to think from day one about international,” says Rimer. He says that this is because the biggest competitive factor among many of them these days is scale: “A lot of tech startups from the last five to seven years have been less about technology innovation and more about the right service or software that has found a good fit. It’s much more replicable, and so they have to make sure that they conquer the international opportunity very early on.”