Raising Your First Venture Capital in Russia

Tired of knocking on the doors of Silicon Valley venture capitalists? Desperate to finance your company? Look at Enforta ($40 mln. investment led by Bessemer), Ozon ($18 mln. from Index Ventures and Cisco), and Badoo ($30.3 mln. from Russian financial group Finam to expand to Russia)! All these companies have received financing back in their home country. Russia has recently entered the global Venture Capital game. With creation of professional venture capital partnerships and closing the first venture funds under the Russian Venture Company umbrella (which was announced at the 3rd Annual SVOD Conference), Russia has made a quantum leap towards building a strong technology entrepreneurship in the country. For Russian entrepreneurs in Silicon Valley this development means new opportunities for creation and building new technology ventures using Russian not only intellectual, but also financial resources. The panel of technology and venture capital professionals from Russia and Silicon Valley will share their ideas and views on the future of the Russian venture industry and technology partnership between entrepreneurs of Russian origin in the US and Russia: · Venture capital environment in Russia: challenges and opportunities · Risks and rewards of doing business in and with Russia · Raising your first financing in Russia and second in the US · How to create a win-win partnership with Russian venture investors and entrepreneurs SPEAKERS: Moderator: Stas Khirman, serial entrepreneur, Co-Founder of Skyrider, AmBAR director Marc A Friend, Venture Partner, Partech International Richard Ling, General Partner, Rembrandt Venture Partners (tentative) Yan Ryazantsev, Investment Director, Russian Venture Company (a $1.25 billion governmental fund of venture capital funds) Dmitry Vasuytinsky, Partner, Allianz-Rosno Asset Management (leading Russian venture capital fund) Detailed speakers' bios can be found at http://www.ambarclub.org/BiosJan29. PLUS don’t miss an opportunity to get acquainted with Ilya Shirokov, a co-founder of MoiKrug, the largest and the fastest growing social network for Russian speaking professionals, which was acquired by the Russian leading search engine Yandex in 2007. When: January 29, 2008 Time: 6:30pm - 10:00pm Where: DLA Piper 2000 University Avenue East Palo Alto, CA 94303-2214 (Just behind Four Seasons hotel, junction of 101 and University Ave. ) Driving directions: http://www.dlapiper.com/global/about/offices/office.aspx?office=12&show=directions SPONSORED BY: DLA PIPER To register for the event please sign-up at the bottom of the page. We will collect checks and cash only payments at the door. PRICE: With pre-registration - $20 At the door - $25