SlideShare a Scribd company logo
European Entrepreneurship
@ Stanford Engineering
Jan 5th 2015
@_lordmax_
"
"
Code

Sweat
"
Angel
My Story
{	
$4.5B Mega-fund
©  Vault12,  Inc.,  2014    
1. Russia Today
Wasteland for"
Entrepreneurs
{	
+ Newfound national identity
+ Immigration from Russia
+ Strong creative technical class
- Same as Russia: multi-level
corruption, ex-USSR infra,
oligarchy, etc.
Ukraine
Ukraine
Start by competing/learning
India, Brazil startup ecosystems. 

( less so with China )
Get top tier Valley VC for Ukraine
startup: mission impossible

3rd tier no-name funds: waste of
your time and their money.
Ukraine
Very hard to compete by being
best for developed, “sated”
economies

Compete by being best in un-
developed, “hungry” economies
Ukraine
Thank You!

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Max Skibinsky - Bitcoin Startup - RU USA - Stanford Engineering - Jan 5 2015