http://idcee.org/p/serguei-beloussov/
Serguei Beloussov - Senior Partner at Runa Capital, Founder at Parallels, Acronis, Acumatica.
Serguei is a self-made serial entrepreneur with 19+ years outstanding track record in business development. He is a senior Founding Senior Partner ar Runa Capital.
Since 2000 Sergey is a founder, Chairman of the Board & Chief Architect of Parallels, $100M+ revenue; virtualization and automation software company.
He also is Venture Partner at Almaz Capital Partners.
Since 2001 Sergey is a founder & Chairman of the Board at Acronis, $100M+ revenue; storage management software company
Pic's are here: http://www.flickr.com/photos/idcee/sets/
More @ http://idcee.org
Follow us on:
YouTube: http://www.youtube.com/user/OfficialIDCEEChannel
Facebook: https://www.facebook.com/IDCEE
Linkedin: http://www.linkedin.com/groups/IDCEE-3940138
Twitter: https://twitter.com/idcee_eu
Google+: http://gplus.to/idcee
Flickr: http://www.flickr.com/photos/idcee/collections/
business environment micro environment macro environment.pptx
IDCEE 2012: How to build a successful tech company. Case study - Serguei Beloussov (Founder @ Runa Capital)
1. |1
HOW TO BUILD A SUCCESSFUL TECH COMPANY
www.runacap.com Runa Capital Confidential
2. |2
NO CLEAR LEADER AND A WEAK TEAM
www.runacap.com Runa Capital Confidential
3. |3
NO SCALABLE BUSINESS, TOO NARROW FOCUS
400,000,000 pet dogs in the world X
20% small dogs X
$68.99 =
$68.99 + tax $5.5 Billion Market!
www.runacap.com Runa Capital Confidential
4. |4
WE DON’T NEED NO FUNDING
www.runacap.com Runa Capital Confidential
14. |14
RUNA CAPITAL: REAL TRACK RECORD
• $135mln VENTURE CAPITAL FUND
seed/early and growth stage investments
• TEAM OF EXPERIENCED ENTREPRENEURS
more than investment background: team of serial
entrepreneurs and professional business managers
• SIGNIFICANT NUMBER OF TRANSACTIONS
20+ with significant stake and another 10+ minority
investments
• OVERALL MATERIAL SUCCESS
Created total assets for over 10 billion $ starting
with only several millions of cash investment
• EXPERIENCE SCALING
1 business over $1bln, 7 ventures - over $100mln
revenue, 7 over $10mln revenue, 7 over $1mln –
all profitable
www.runacap.com Runa Capital Confidential
15. |15
HOW WE HELP
PRODUCT DEVELOPMENT BUSINESS DEVELOPMENT
• Assessment an efficient development • Reviewing and commenting business plan
process • Involving international experts
• Recommendations for troubleshooting • Developing specific marketing plans
• Help on software architecture • Developing efficient and profitable
• Implementing an efficient engineering business
process • Involving global partners
• Reviewing and commenting on product • Building and monitoring sales channels
development plans
• Search of key management positions for
• Assistance in hiring developers international development
• Budget control and product monitoring • Assistance in getting the first customers
OPERATIONS TAKING COMPANY TO NEXT LEVEL
• Registering companies and help with • Development of a long-term equity
corporate/legal issues story, finding next round of investors
• Support in setting you physical office in • Establishing corporate governance
various parts of the world framework
• Financial planning and budgeting, • Establishing stock-based management
accounting and reporting, tax advice and employee incentive schemes
• Support in filing domestic and foreign • Building the internal infrastructure:
patents finances, internal audit, investor relations
• Support in recruitment and executive • Involving third-party consultants:
search, other HR consulting auditors, tax and legal advisers
www.runacap.com Runa Capital Confidential
16. CASE STUDY: JELASTIC |16
«Runa is a very active investor. Initially, I thought we would have to ask them for useful
contacts, thoughts on go-to-market strategy etc. In reality, the situation is completely opposite
- Runa is a never-ending pro-active source of new opportunities and options, so our main job is
to choose the most relevant and effective solutions. We are very pleased to work with such
professionals.»
- Ruslan Synytskiy, Founder and CEO of Jelastic, Ukraine
DESCRIPTION
Jelastic is PaaS software installed in the data centers of partner IaaS
providers, which arms Java developers with a set of services that
can be used both for the development of new applications, and for
the use of existing web-applications of any complexity, including Jelastic - P
high-load use cases
BC. CDC& l - 7> . 8; 0<= ; $ % F
' "
• Developed new concept and business model (originally focused on cloud based IDE, =2V- 08; - : 5; : - : $ ""#a927. J A. >
_! $
, - =6. L 72=4S ! ""#$ &'"() *$ E 7
$ % 8:
which is not as attractive as PaaS)
<60>72=C$ ?, - =6. L 72=71 $ 0
<7J I
•
RUNA PARTICIPATION
Setup company with tax advantaged structure (BVI holding company, with R&D in ! $M $ VV75; =<2. /. ' =8, . 6I . <02
Ukraine and Russia, and Sales & Marketing entity in the USA) , - . <04>7- . <$ , - =$ 0<; . 1 0; =
• Helped with key hires, including sourcing and interviewing (Example: Dmitry - 78: - 8. <$
Sotnikov to lead Business operation – he was most recently at Quest Software, !$ $ <3 8. 5. 4' , - . =I <. >=; 76
Judah Jones first sales employee in USA) 1 08Z ; 0J =- . <02=C$ K=86=; 76
<3
! $- 08Z =- C71 . 4$V: 25@ 206
$ =.
• Helped secure Skolkovo resident status, including $1M in initial grant, helped to also20J . - $ B
^! a$
secure over 150K US$ in grants from other government agencies ! $J 7I . , 082. 8; =' =' . ; 50I . : 8
$
• Arranged meetings with leading web-hosters (HostEurope, Intergenia, Endurance, =22. <0@ 223 A$ 0J . ; . 5$ 06
=. 20- J
GoDaddy, Servint, Softlayer, etc), which resulted in the first commercial agreements
being signed (HostEurope & ServInt) ! "# "$%"& ""#$%
'! &'"() *$+$, - . /-
• Helped recruit board advisor (Alex Tkachman) B 87- <=8?, - . <04>7- . <$ , - 7
""#$ =$
8. I >02=C$ <. /. $ - =6. L 72=C9
2. , $
• Found a several good investors for Series A @ 10x valuation of seed round 86. L 2. 8; =9<56DK0C$ PN?'Q"R$
$ NO ,
www.runacap.com Runa Capital Confidential
$
T$ . - $ <=8. <$ L 7$ >=; U$
20J 87- : <A. $
!, - 7>. 8; 0<672=7$ 8; =2/0$ - =
$$ A. ,
17. |17
WATCH FOR FUTURE ANNOUNCEMENTS!
Serguei
Beloussov
Sasha
Galitsky
Boris
Lozhkin
Victoria
Tigipko
Vasily
Khmelnitsky
www.runacap.com Runa Capital Confidential