30.05.2016

How investors and start-uppers are SVODed in the Silicon Valley

Tatarstan Investment Development Agency Chief Executive Taliya Minullina participated in an international technology investment conference SVOD in the city of California Mountain View (Silicon Valley, USA) on 25 and 26 May. The main unique feature of the event is the fact that it brings together thousands of visioners of high technologies world industry and participants of Forbes Midas List, as well as leading world entrepreneurs and investors.

On its site Silicon Valley Open Doors technology investment conference gathered the best representatives of start-up industry from all over the world, leading venture funds of Silicon Valley and technology companies, representatives of large business publications, such as TechCrunch, Forbes, The New York Times, Silicon Valley Business Journal, Bloomberg, Fortune и Wall Street Journal.

Conference participants have a unique opportunity to meet personally with Silicon Valley successful entrepreneurs, leading venture capitalists and business angels, and also to listen to lucky start-uppers` performances, to learn to build relations with potential partners.

«SVOD —is more than 600 successful entrepreneurs, 300 leading business-angels and over 50 gurus of high technology industry, brought together in Silicon Valley. It is important to note the presence of all-level representatives — those with more than 2 bln. $ company`s capitalization, as well as start-up beginners. The youngest participant from Ireland is only 12. Looksery, for example, a start-up presented in 2015, was bought by Snapchat for 150 mln. $ in the same year. Petcube project after a pitch at SVOD received its first investment and today the amount of attracted capital is 3,7 mln $. Another app Evernote received its first investment immediately after participation at the conference and as we speak estimated at 1 bln. $,» — noted Taliya Minullina. «In general, this year projects` tendency for personalization in information space is a services development for people in the internet».

The name of the conference «Silicon Valley Open Doors» reflects the idea and mission of the event — to open the doors to the Valley for start-ups and investors from all over the world. It is really the doors to the Valley, an intro into a global market for start-ups, as well as an opportunity for venture investors to find excellent links and investment possibilities.

SVOD has a good reputation — it is the first reason why successful high-level speakers come to tell about their projects and experience with a pleasure, and why top-level investors are pleased to come for listening to start-ups and meet talented entrepreneurs. The second reason is a high level of the conference`s content. A motto of the SVOD is «no bullshit, only business!», it means that there are no beautiful speeches about nothing and stereotyped performances.

Events of different formats are provided at the conference. Especially it is important to note the discussions between an investor and entrepreneur, which received an investment by this investor. One more format is a discussion with successful businessmen. Particularly with those, who were recognized recently (IPO launch, company selling etc.). It is always interesting to hear what attracted them in one or another company, how do they chose a deal, what is important for them.

An investor, an advisor, a partner, clients can be founded here. Participants come here not only to listen to interesting speakers, but also to establish new contacts. Frequently it is not easy to find a fund partner. But it is another story here, because conference is not big, and there is a good ratio (proportion) of investor to entrepreneur, approximately 1:2. It is almost impossible at another conferences, because of thousands of participants and investors, literally dissolve in the crowd, or they are just unattainable. There is a democratic atmosphere in the Valley. Each participant has an opportunity to meet personally and talk with speaker and investor. It is real to make acquaintance with all participants in two days, if to be active. It means to cover a solid layer, almost «cream of the crop» of Silicon Valley.

In the framework of the visit in Silicon Valley and participation at the conference, Taliya Minullina visited offices of the largest companies — Google, Facebook, Intel, Microsoft and Instagram. Moreover, a meeting with representatives of Tatar diaspora was held in California. A meeting with Trade representative of Russian Federation in USA Alexander Stadnik was at the end of the trip. Perspectives of Russian regional interaction with industrial branch of USA and cooperation in IT were discussed.
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