In Search of Russia�s Great White Hope
An interesting week; whether it is spring in the air or just the natural course of things but since I last put fingers to the keyboard the world seems to be picking up (whilst at the same time the opportunities for raising funds seem to be further and further away.) It always a good week when the number of investment opportunities in the inbox that get you excited is greater than 2 � and 3 is 50% more than 2.
Also added to the pile this week is the latest contender for Great White Hope in Russia�s tech world. Russia�s tech world, whilst undoubtedly intriguing, is lacking the one or two home runs that will bring the cash to the market that will allow the market to further develop. A virtuous circle; or which came first�.
One of the principal reasons for this is the lack of management expertise in Russia. Indeed it could be said that even those tech entrepreneurs who acknowledged that what they don�t know would be a good start. Thus we are all looking for the poster child that can be shown off to the investing public. There have not been many pretenders to the crown and most have proven to be flawed. Flaws can be forgiven if it returns are stellar. In these more straightened days a manager who builds a good tech company that offers real value will do.
The latest poster child will have to remain nameless for the time being � I want to invest in his company. As many England football managers have found being built up by the press, in this case the cognoscenti, is a forerunner of being torn apart by them (or sleeping with Ulrika Johnson.)
25 April 2003
In Search of Russia�s Great White Hope
An interesting week; whether it is spring in the air or just the natural course of things but since I last put fingers to the keyboard the world seems to be picking up (whilst at the same time the opportunities for raising funds seem to be further and further away.) It always a good week when the number of investment opportunities in the inbox that get you excited is greater than 2 � and 3 is 50% more than 2.
Also added to the pile this week is the latest contender for Great White Hope in Russia�s tech world. Russia�s tech world, whilst undoubtedly intriguing, is lacking the one or two home runs that will bring the cash to the market that will allow the market to further develop. A virtuous circle; or which came first�.
One of the principal reasons for this is the lack of management expertise in Russia. Indeed it could be said that even those tech entrepreneurs who acknowledged that what they don�t know would be a good start. Thus we are all looking for the poster child that can be shown off to the investing public. There have not been many pretenders to the crown and most have proven to be flawed. Flaws can be forgiven if it returns are stellar. In these more straightened days a manager who builds a good tech company that offers real value will do.
The latest poster child will have to remain nameless for the time being � I want to invest in his company. As many England football managers have found being built up by the press, in this case the cognoscenti, is a forerunner of being torn apart by them (or sleeping with Ulrika Johnson.)
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