The one and only way to study a market is to be present at it. Co-investment with local venture funds as a way of reducing risks is a very convenient way of entering Russian market. This practice is used by Mangrove Capital, Accel Partners, Index Capital, Bessemer Venture Partners and other funds and business angels.
How to begin investing in Russia? The first step is to find a partner at the conferences that take part in Russia. The nearest events in Moscow are Conference and Startup Exhibition 42 (May 29) and DLD Moscow (May 28–29), which will take place in same location Red October.
Conference 42 is represented by at least 250 Russian and European venture funds working in the Russian market, the Startup Exhibition and a good opportunity to communicate with the state authorities. During the exhibition you will be able to find partners for co-investments, find out specifics of the Russian market and Russian entrepreneurs, and get acquainted with Russian and European startups in the following in the field of ICT. To take part in 42 conference you need to register on the website.
DLD is an invitation-only European leading conference, which covers trends in digital, life and design, jointly hosted by Skolkovo President Viktor Vekselberg, Internet entrepreneur Yossi Vardi, publisher Hubert Burda and Paul-Bernhard Kallen, the CEO Burda Media.
Notice: You need a visa to visit Russia.
Welcome to the Russian venture market, which is impossible to ignore anymore!
Source: gigaom.com