I have a deep belief in and respect for Russian technical teams, which have historically created some of the most significant technological advances, domestically and/or abroad. I started QED Capital to give these technical teams access to the same resources that allow their counterparts in the US and Europe to successfully go from prototype/project to fast growing technology company.
When I arrived in Russia in 2011 to recruit technical talent for my consumer internet company ExistLocal; I gradually began to realize that Russia’s need for ethically minded, value added and genuinely founder friendly venture capital was a far larger opportunity to create value.
Previously, I actively created exactly this type of value in New York City; as a part of the investment team at FirstMark Capital, a top-tier venture capital firm with over $2Bn under management, which makes Seed to Series C investments in fast growing technology companies such as Pinterest, Riot Games ($400MM Acq by Tencent), Knewton, Ahalife, AppFirst, Conductor, MyCityWay, Playnomics, Lot18 and many great others. During my tenure, the investment team at FirstMark successfully invested over $90MM in Seed, Series A, Series B and Series C venture capital financings.
While running ExistLocal in New York and participating in board meetings at companies like Second Market through FirstMark Capital, I came to learn what it takes to turn Pinterest from an idea into a company with a $2.5Bn Valuation and Riot Games from a few young guys who like DOTA into a $400MM acquisition. That is what I am offering great technical teams in Russia through QED Capital; the opportunity to build their technology company the right way.