Tag: russia

  • Speaking on Entrepreneurship with the Russian CIEE Russia Youth Leadership and Entrepreneurship Virtual Exchange Program

    Speaking on Entrepreneurship with the Russian CIEE Russia Youth Leadership and Entrepreneurship Virtual Exchange Program

    Thanks to the Russian CIEE Russia Youth Leadership and Entrepreneurship Virtual Exchange Program for having me speak with them about startup investing and entrepreneurship. Looking forward to hearing the business pitches at the end of the program.

    Russia Youth Leadership and Entrepreneurship Virtual Exchange Program

    Program description

    This virtual exchange program for Russian and American university students aims at creating a dialogue between peers in the two countries, developing students’ intercultural competencies, while at the same time developing their entrepreneurial skills. During the ten-week, non-credit course, participants will acquire an understanding of the entrepreneurial process, including customer, market, and industry analysis that are used to develop a viable product. Special attention will be devoted to the topic of inclusion by ensuring employment opportunities for people with disabilities. Course sessions are designed to motivate students to generate their own business ideas by working in groups on a concrete project, to be presented during the last week of the program. The program participants will be divided in teams, comprising Russian and US students.

    Learning objectives

    Upon successful completion of this course, participants will:

    • advance their intercultural competences, as well as their problem-solving and negotiating skills by working in teams with their peers from culturally and geographically diverse backgrounds;
      • develop conceptual and practical knowledge of entrepreneurial process and an entrepreneur’s role in different cultural contexts;
      • recognize the importance of creating diverse and inclusive workplaces for organizational success;
      • enhance pitching skills by actively participating in group discussions and contributing to the final presentation of their group.

    Methods of Instruction

    The course material is presented via on-line (synchronous) sessions, running twice a week. Sessions on Wednesday will introduce the major business concepts and ideas, while Friday sessions will focus on their use in practice. Invited guest speakers from business, academia and NGO sectors will address students in various weeks, followed by Q&A sessions. Weekly readings and assignments will be posted every Monday on the Canvas course site. Although fluid from week to week, students’ workload will on average include:

    • 120 minutes of live class sessions;
    • 30 minutes for home assignments;
    • 30 minutes engaging in team work on the final project.

    The final project: In-class Business Pitch

    The culminating assignment of the program will be an in-class business pitch, which students will develop over the course of the program. Its presentation will assess student abilities to articulate their business idea, their initial start-up needs, and the business launch timeline. Students can draw from the lectures, practical sessions, guest talks and reading materials while preparing their presentations. The presentations should follow the template and the criteria, which will be provided at the beginning of the course. Student teams will deliver their presentations during the concluding session (Week 10) as a team. Course participants and instructors will offer their feedback to each team’s presentation based on the set of criteria that were previously discussed in the course.

  • Discussing life in Antarctica on REN TV Russia’s “The Riddles of Humanity”

    Discussing life in Antarctica on REN TV Russia’s “The Riddles of Humanity”

    This week, I appeared on REN TV Russia’s adventure show “The Riddles of Humanity”, Episode 255 to discuss life at the South Pole, Antarctica. Skip to minute 12 of the clip for my segment. My part of the segment covers (Google Translated from Russian: “Why is Antarctica called white Mars? How do people survive in super low temperatures? And how much is a ten-day tour to the South Pole?”

     

     

     

     

    https://youtu.be/nQHX8lE8g6I?t=709

    Edition 255 – 02/14/2019

    The host of the program, Oleg Shishkin, is a traveler, historian, expert in secret societies, an internationally recognized expert in the field of Eastern religions, author of books on the history of occultism and intelligence. Connoisseur of the closed esoteric archives of the USSR, who proved that Nicholas Roerich and Grigory Rasputin had close ties with intelligence.

    In “The Riddles of Humanity” on REN TV, Oleg Shishkin will find an explanation for all the shocking events. And confirm his version of the facts and documents. The program goes on REN TV 5 times a week, on weekdays. Spectators are waiting for travel to places that are not on the map, the mysteries of dangerous relics and ancient prophecies. Inexplicable facts and historical sensations of different eras will be studied – and they will find a convincing explanation.

  • Discussing International Investing and Russian Startups on The Syndicate Podcast

    Discussing International Investing and Russian Startups on The Syndicate Podcast


    This week, I had the pleasure of recording an interview with Matt Ward of The Syndicate Podcast: “The Russian Startup Scene and What Founders and VCs Need to Know with Jeffrey Donenfeld of Boomtown Accelerator”

    Listen to me on The Syndicate Podcast: Apple Podcasts, Android, RSS, Direct

    Here’s what I discuss with Matt on the Podcast:

    1. The challenge many Eastern European and Russian startups have with raising money
    2. Why the US government sent Jeffrey to Russia on a knowledge exchange
    3. How accelerators can attract foreign startups
    4. Why taking VC money isn’t always the right move
    5. How Jeffrey thinks about different industries and emerging trends
    6. The reason vertical accelerators are thriving
    7. How cannabis is capturing Colorado

     

     

  • Speaking to The Internet Initiatives Development Fund on startup investing in the United States

    Speaking to The Internet Initiatives Development Fund on startup investing in the United States

    The Internet Initiatives Development Fund

    “IIDF stands for Internet Initiatives Development Fund. According to Dow Jones, we are the most active early-stage venture fund in Russia and Europe. We have $100M (6bn RUB) under management. Since 2013 IIDF has closed more than 370 deals ranging from $20k to $5.5M. Our investment activity accounts for more than 100 IT startup deals each year, which is 80% of Russian early-stage venture capital market.”

  • How to move your startup to the USA and get accepted by a top US startup accelerator…

    How to move your startup to the USA and get accepted by a top US startup accelerator…

    Building your company in the United States can be a great idea – we have resources, expertise, and a quickly growing startup and entrepreneurship industry. In my role as Investment Manager at Boomtown Accelerator in Boulder, Colorado, I review a wide variety of applications to the Boomtown Accelerator Program from startups all over the world, including Russia, Ukraine, China, Taiwan, Canada, Spain, and Nigeria – among many others. I’m in a unique position to know what works in the US and at our program for both US-based startups, as well as foreign startups. Although each application is different, a few common threads prevail.

    Over the past month working with the US Department of State Bureau of Educational and Cultural Affairs and the American Councils for International Education program, I’ve been traveling to a number of cities in  Russia, speaking with international startups about the venture investing and accelerating landscape in the United States, and offering some tips and suggestions. I’ve distilled my main suggestions down to a few key points, which I feel encapsulate some of the most important concepts to keep in mind when applying a foreign startup to a US-Based accelerator, incubator, VC, or Angel Investor.

    Interested in joining us at Boomtown Accelerator in Boulder, Colorado, USA? Apply now. 

    Key items to keep in mind when considering applying with your company to a US-based accelerator. These items are just brief comments, and should not be taken as specific advice. At Boomtown, we work with startups to guide them through all of these items, and more.

    • Consider incorporating your business in the US, possible as a Delaware company. At Boomtown, we work with startups on assessing these items all the time.
    • Build a network of mentors and advisors in the USA, who can help you with USA-specific business decisions. Be open to meeting new people and working with experts. It’s OK if you don’t know everything regarding how you’re going to run your business – needing advisors is not a sign of weakness at all.
    • Be able to pitch your idea and company both in terms of your technical skills AND business skills. So many times I’ve heard ideas from teams with a ton of technical talent, but when it comes time to talk business strategy, they fall flat – and can’t readily admit they need help. Be open to asking for help in areas you need it.
    • Apply idea to US market – how are you going to apply your business to the US Market? How will you test it in the US?
    • Secure IP – Understand what parts of your business are unique, novel, and protectable, and be able to talk about that. Simply being “first to market” without a defined technical advantage is not often enough – you need to be able to consider how you’ll hold onto your advantage. Got a provisional patent on a core piece of tech? Great!
    • Demonstrate Traction – Real traction. If you’re launching an app, for example, be able to tell us how many active, real, engaged users you have, and what real feedback you’ve gotten from them. We’d much rather be able to talk to you about feedback from 100 real users, rather than 1000000 fake users.
    • English – Speak good business english. It’s not enough to simply be able to give your presentation in english- you need developed english language skills, and be comfortable speaking in english every day.

     

    Key partner groups I spoke with in Russia include:

    The Internet Initiatives Development Fund

    “IIDF stands for Internet Initiatives Development Fund. According to Dow Jones, we are the most active early-stage venture fund in Russia and Europe. We have $100M (6bn RUB) under management. Since 2013 IIDF has closed more than 370 deals ranging from $20k to $5.5M. Our investment activity accounts for more than 100 IT startup deals each year, which is 80% of Russian early-stage venture capital market.”

     

    Kazan IT Park Business Incubator

    “The main objective of the business incubator is to help promising startups in the sphere of information technologies to develop ideas and products, getting investment, searching for potential partners and clients.”

     

     

    The Saint Petersburg State University of Information Technologies, Mechanics and Optics

    “The Saint Petersburg State University of Information Technologies, Mechanics and Optics (ITMO University) is one of the leading higher education institutions in Russia, providing training and research in advanced science, humanities, engineering and technology. Founded in 1900, ITMO has grown to an organization with over 13,000 students and earned its name “National Research University,” blending the culture of innovation and discovery with world-class education.”

     

    More Ideas Sochi

    “Autonomous non-profit organization “The Sea of ??Ideas” in the city of Sochi is engaged in the formation of an innovative ecosystem “Sochi Innovation Valley”. We know that in Russia there are promising start-ups, and we believe that Sochi is the best place in our country, where the founders of start-ups can live in a comfortable environment. Potential investors are often in Sochi, and many have or are planning to acquire real estate or business here. The best world experts are happy to travel to Sochi to share their experience with innovative entrepreneurs.” (Translated from Russian by Google Translate)

     

    Kazan OIC Youth Entrepreneurship Forum

    “The Kazan OIC Youth Entrepreneurship Forum is a joint initiative of the OIC Youth Forum and the government of the Republic of Tatarstan. Since 2014, the Forum has been held annually, attracting hundreds of startups, investors and industry experts from the OIC states and the Russian Federation.

    Speakers will discuss the various aspects of building and scaling a startup. The speakers are drawn from a broad range of the startup ecosystem including startup founders, venture capitalists, C-class executives from top tech firms in Russia and across the globe. Some of the topics to be covered include design thinking, building and scaling teams, customer development, project unit economics amongst others.”

     

  • Caught between Russia & Kazakhstan by war, Taxistan is born

    Caught between Russia & Kazakhstan by war, Taxistan is born

    I work with Mongol Rally entrant Team DeserTaxi, and set up their website, blog, and manage their field communications. Their mission is to drive a London black cab from London all the way to Mongolia.

    They were trying to cross the Kazakhstan-Russia border on the eve of Russia starting war with Georgia – and were denied entry into Russia – only to be denied entry back into Kazakhstan. They’re now sitting in a ring of barbed wire, between both borders, with no resources and only a satellite link to blog from.. check out their full post on their blog…. intense…