Part IV: The Quest for Growth—the Startup of Start-up Communities

(Nastas note to readers:  From 6-22 August I was in Silicon Valley, mentoring 80 entrepreneurs from 36 countries on selecting, developing and shaping their business models to investors’ behavior to risk as I discuss in this blog series.  I was one of approximately 15-16 team project advisors selected from around the world to serve in […]

Part III: The Power of Clones to Startup—Start-up Communities

Subjects in this post include: 1.)   Drive Growth and Innovation in the Supply Chain 2.)   Sidestep the Obstacles that Impede Scaling Up—Investor Attitudes to Risk & Failure 3.)   Controversy of Clonentrepreneurship: Cloning the Idea or Hatching a Start-Up? 4.)   The Spread of Clonentrepreneurship Last time in Part II, Cultures of Risk—Financing the Startup of Start-up […]

Part II: The Cultures of Risk—Financing the Startup of Start-up Communities

Subjects in this post: 1.)   The Cultural Divide:  What Investors ‘Buy’ 2.)   What Investors Fear 3.)   The Culture of Venture Capital:  Friend or Foe? Last time in Part I, I discussed: 1.)   First, Three Definitions 2.)   The Russia Tech Scene 3.)   Growth in Russia 4.)   What Changed for Growth to Emerge 5.)   The Spark that […]

Part I: The Start-up of Russia. The Startup of Start-up Communities: The Power of Clones in Russia—& Beyond

Last time I introduced the questions as topics for answers in this five part post series: 1.)   What is the ‘spark’ that ignites the startup of start-up communities? 2.)   How does the ‘start-up’ of startup communities differ—emerging markets vs. developed countries? 3.)   Why is the US entrepreneurial model of experimentation, trial and error and pivoting […]

INTRODUCTION: THE STARTUP OF START-UP COMMUNITIES; THE POWER OF CLONES IN RUSSIA—& BEYOND

What are the elements of a start-up community?  What can you do to startup a start-up community in your city, or help it do more—faster? Venture investor Brad Feld (Foundry Group, Boulder, Colorado, co-founder of Tech Stars, blogger Feld Thoughts) writes about these subjects in his other blog StartUp Communities with his new book titled […]

Michigan State Univ., Silicon Valley, Hungary & Emerging Markets

  On 2 February I spoke to graduate and undergraduate students of Dr. Zsuzsanna Fluck at Michigan State University (MSU).  Zsuzsanna teaches graduate and undergraduate courses in private equity and venture capital at the Eli Broad Graduate School of Business.  Zsuzsanna is also the director of MSU’s Center for Venture Capital, Private Equity & Entrepreneurial […]

Insider View, Twists & Turns in International Venture Capital

In January I delivered a lecture to MBA students, Ross School of Business at the University of Michigan. David Brophy, Director of the Office for the Study of Private Equity Finance & Associate Professor of Finance invited me to speak at his private equity class about my experiences in doing VC since 1986, with what […]

The Valley of Death. Market Failure? Or Rational Behavior of Investors to Risk?

Governments, development banks and investors poured billions of dollars to finance entrepreneurs in the ‘Valley of Death.’ Add in the millions of hours of human energy and thought devoted to creating solutions too, and the investment is truly staggering. Yet the Valley of Death still exists. Conventional thought defines the ‘Valley of Death’ as a […]

‘Path to Commercialization:’ An IVI Master Class in Mentoring

I created this program as Part II in my Master Class series of ‘Scaling Up’ at the request of John Hoxmeier, Associate Dean, Graduate Studies at Colorado State University (CSU).  John is managing CSU’s executive MBA program in Kazan, Russia with students holding senior positions in state owned enterprises, Ministries of ICT, Industry, Trade & Development, the Tatarstan […]

‘Scaling Up Entrepreneurship:’ A Master Class in Mentoring

The seed for this Master Class came about from a request of the US Embassy Moscow  to me in May 2010.  The Embassy was asked by the the Governor of Novosibirsk, Russia to organize a conference on solutions the region could implement to stimulate more innovation, venture capital and entrepreneurship.  My 60 minute presentation generated numerous questions that demonstrated the audience’s lack of […]