Description Ideame, has acquired Brazil’s second-largest PCF site, Movere in a transaction valued at ~$2.5 million.

So yes, Movere’s valuation was stratospheric. What does this mean? Mainly: (i) the crowdfunding industry is young, sexy and has significant growth potential; (ii) Brazil represents a massive geographic market opportunity; (iii) low barriers to entry is driving rapid fragmentation, making the velocity of expansion critical (acquire > build); (iv) highly scalable cost structure (Ideame can absorb Movere’s revenue with little, or no, additional overhead); and, most importantly, (iv) Movere is executing on (i) and (ii) and the company is growing rapidly.

SOURCE: http://www.thecrowdcafe.com/stratospheric-valuation-for-brazilian-crowdfunding-site/