Part V: Scaling Up Investment—Finance the Startup of Start-up Communities

In Part V, subjects discussed: 1.)   For Entrepreneurs—What are You Selling to Investors? 2.)   For Investors—Let’s Be Realistic 3.)   For Governments/Development Finance Institutions—Atypical Leadership Needed 4.)   Concluding Remarks 5.)   My Next Blog Series—Mobilize Local Capital to Finance Your Dreams 6.)   About Me 7.)   Links: Evolution of Runet (Russia Internet) & the Russia Tech Scene Last time in Part IV, the Quest for Growth, I discussed: 1.)   Clonentrepreneurship or Alternative Paths to the Start-up of Start-up Communities? 2.)   Change the Culture…

Read More

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 Ignited the Start-up of Russia Read Part I. Read the Introduction to the series. Summary from Part I:  Beginning about 2006, innovation became a priority…

Read More

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 market failure. But is it? Or is the Valley simply the rational behavior of investors to risk? If the Valley is a reaction to risk,…

Read More