idcee 2013: local accelerators with western accelerators - eveline buchatskiy (managing partner @...
TRANSCRIPT
We enjoy the same taste!
v Capital East West Substantial new capital from previously untapped resources looking for opportunities on the internet. New Angel Network for seed stage investment (post-accelerator), looking for deal flow from anywhere around the globe
Substantial venture capital with an appetite for beyond borders: Accel, Bessemer, Intel
But we also each have our secret sauce!
East West Ukraine is Gartner top 30 leading IT outsourcing destination with over 100,000 developers Perfect pilot entry into Ru-net, the largest internet audience in Europe. Russian is now the second most used language on the internet. Local accelerators can generate global startups ripe for customer development in the West
Scale Smart money Mentors
Let’s have a feast!
Eastern and Western accelerators can be matched for best of both worlds:
Dating: Form cross-accelerator teams of Eastern tech+ Western Biz
Co-investment: Conduct pan-European deployment for models that can and should be replicated in multiple European countries Combined Demo Day
Exchange: Sweeter terms for teams expected to go through double acceleration for biz dev purposes