reichert

Quote of the Week: Silicon Valley on the Volga

by

March 8, 2012

“In computer science and materials science, the Russians are as good or better than anyone in the world.”

 

Who said it: Bill Reichert, Managing Director of Garage Technology Ventures

 

In Context: Reichert was quoted in a report this week covering the increasing interest in Moscow and Russian ventures. He is one of handful of global venture capital investors that are eyeing Russian startups. Several success stories, such as Yandex, as well as opportunity to clone successful business model in the consumer internet segment, are driving interest and capital movements. In the past few years there has been an increase in incubators to help hone digital businesses to make them ready for international competition. (Image Source: Garage Technology Ventures)

 

Where we Found It: Russia Beyond the Headlines

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