Happy New Year and 2012 plans

Dear TEC Club Members and Friends!

Happy Holidays and Happy New Year! Best wishes to you and yours in the New 2012!

We are looking forward to seeing you in the New Year. In addition to our signature "Silicon Valley Legend" speakers talks, we'll continue presenting TEC companies to top local and international investors. If you'd like to present your company at the next Startup Pitch ( March 2012), please apply at http://www.tecglobal.org/PitchingApp and send your executive summary to stas@khirman.com .

With all new excitement of the upcoming 2012 year, we would like to thank you for being a part of our life and success in 2011. Let’s see where we are:

In 2011 TEC has grown to a network of 5,500+ members, held over a dozen events in the Silicon Valley, San Francisco, New York, and Moscow. Over 40 local and international investors reviewed TEC companies – and we proudly announce that at least 4 companies got funding immediately after our events, while many more are in advanced negotiations – stay tuned for good news.

We had an exceptional line up of speakers this year with the legendary Pitch Johnson, Founding Partner, Asset Management Company; Tim Draper, Managing Director; DFJ, Saeed Amidi, Founder, Plug&Play; Dave McClure, Founder, 500 Startups; Leonid Gozman, RUSNANO; Aleksander Mitrovic , Senior VP, Deutsche Telekom; Mike Cassidy, serial entrepreneur; Stan Chudnovsky, serial entrepreneur, Alexander Miroshnichenko, CTO, Virsto, and many more.

For video recordings of our major events, please check http://www.tecglobal.org/video .
We are honored to have your support and are looking forward to seeing you at our future events.

We would like to express our special thanks to TEC corporate members - Deutsche Telekom, Virsto, Revvl, WilmerHale and SNR Denton for helping TEC grow and prosper.

With best wishes!
Stas Khirman & Anna Dvornikova
TEC Managing Directors


TEC International Startup Conference


Mark your calendars and join us on December 6th (Tuesday) in Palo Alto for our signature full-day TEC Startup Conference!

As always, TEC brings together entrepreneurs of Russian, Israeli, European and Latin American origin with Silicon Valley investors. The event will feature 15 cutting edge start-up pitches to the audience of top angel investors and venture capital funds such asDraper Fisher Jurvetson, Sofinnova Ventures, Trident Capital, US Venture Partners, Storm Venture, Partech International, TMT Ventures, NorthBridge Venture Partners, Fenox Venture Capital, Intel Capital, Artiman Ventures and many others. To see the partial list of confirmed investors, please go to: http://www.tecglobal.org/judges.

You will be able to network and get guidance from our star keynote speakers: Pitch Johnson, the Silicon Valley’s legend and one of its founders, and Tim Draper, Managing Partner at DFJ and the inventor of a "viral marketing" concept in web-based e-mail that was instrumental to the successes of Hotmail, YahooMail, and hundreds of other businesses, and Saeed Amidi, the Founder and CEO of internationally renowned Plug-and-Play. The top industry entrepreneurs successful in creating, building and selling their companies will share their experience and knowledge during our evening panel discussion.

TEC brings value to you and your company, don’t miss it!


Register for TEC International Startup Conference in Palo Alto, CA  on Eventbrite


8:30am - 9:30am
Registration, Breakfast & Networking
9:30am - 10:15am Opening remarks and Keynote: Venture Capital Field Stories
Pitch Johnson, Founding Partner, Asset Management Company
10:15am - 10:45am

Keynote by Tim Draper, Managing Partner, DFJ

10:45am - 11:45am Startup Pitches
11:45am - 12:15pmKeynote: Legal Issues for Global Startups
Daniel Zimmermann, Partner, WilmerHale
12:15pm - 1:15pm Networking Lunch 
1:15pm - 1:30pm Social Media for Business - Myths and Reality
Anatoly Volkhover, Founder & CEO, Manumatix
1:30pm - 3:00pm Startup Pitches
3:00pm - 3:30pm Networking break
3:30pm - 4:00pm Keynote: Investing Globally
Saeed Amidi, Founder, Plug & Play
4:00pm - 5:30pm Startup Pitches
5:30pm - 7:00pm Reception & Networking
7:00pm - 8:30pm

Panel on Entrepreneurship
Mike Cassidy
, built and sold 4 companies – Stylus Innovations, Direct Hit (built in 500 days and sold for $532M), Xfire, and Ruba (sold to Google)
Stan Chudnovsky, sold 2 companies, one for over $100M
Alex Miroshnichenko, serial entrepreneur, CTO, Virsto, the “hottest” startup in the Valley


Moderator: Ilya Strebulaev, Associate Professor, Graduate School of Business, Stanford University


8:30pm - 9:30pm Closing, Winner Announcement, & Networking


To apply for investment pitches, please register and send your executive summary to stas@khirman.com


Pitching companies:

Siri equivalent for Android and other platforms.
Magnifis Virtual Personal Assistance technology combines natural language understanding, speech recognition and personalized user knowledge. Our Assistant can answer questions and help with calendar management, reminders, messaging, local search, reservations, navigation and more, through a voice interface.

AlphaFares is a disruptive travel company that offers deeply discounted airfare to leisure travelers. We have developed a patented technology that allows a seller of airline tickets to easily and precisely differentiate between business and leisure customers, enabling targeted airfare pricing. This technology does not have any drawbacks associated with the opaque distribution channels, such as Priceline or Hotwire, and has been very well received by the airlines. We are launching in March ‘12.

OpenSignalMaps is the largest wireless signal crowdsourcing project in the world. Over a million users of OpenSignalMaps for Android have contributed data to help create global maps of cell phone and WiFi coverage. The data collected is being used to build a recommendation engine that allows users to find out exactly which network offers the best service for them at home, at work, and during their commute."

AppsGeyser - convert web content into native mobile apps in 2 easy steps, distribute and monetize.

MoWaiter is a single mobile and social network platform allowing restaurants and customers to interact more efficiently. Instead of a jungle of apps for each unique restaurant or chain, MoWaiter will be the unified solution from which users can order, pay, and receive suggestions and incentives tailored to their own preferences.

Internet Polyglot is dedicated to helping our members learn foreign languages by providing them a way to memorize words and their meanings. This helps your memory to grasp more information and retain it for longer time.

WikiSeer is the world's first semantic ad platform for mobile display ads. WikiSeer increases display ad revenues by 300%. Our technology uses a combination of Summarization, Natural Language Processing, Linguistics and Machine Learning to improve ad revenues. WikiSeer is live with a select customers and producing revenues."

Oomnitza products help companies run better by changing the way their people work. Companies are reducing costs and increasing user engagement by deploying our easy-to-use, customizable and intuitive enterprise applications that work stand alone or integrated with existing solutions.

SoundOfMotion is a revolutionary venture specializing in high-precision sports performance monitoring technology for road and track cycling, mountain biking, alpine and cross-country skiing, snowboarding and running.

Russian3DScanner is an affordable software that allows 3D-specialists all over the world to scan real-world objects in 3D using ordinary camera and a projector. You can make the model in several hours as precise as you would make it manually in several days.

Pixowl makes Mobile Family Games. Our first game Doodle Grub has been installed 4m times in 6 months.

SAEX is abbreviated from SAles EXchange. It is a perfect place to buy, sell, or exchange business contact information. We provide 100% accuracy of the business contact information and dramatically reduce cost for seeking this king of data.

Ambiq Technology is a globally operating service provider and enabler of transportation, payment, and other services based on the Near Field Communication technology. Ambiq operates its TSM (Trusted Service Manager) and manufactures devices that enable NFC on legacy phones. Ambiq partnered with VimpelCom (Beeline) to provide transportation and payment applications in Russia.

yaM is a web-based notepad for business meetings that takes the pain out of the process. Our tools for preparing, structuring and visualising the discussion will save hundreds of thousands of hours for business people every day.

LUXIHOME is reinventing the definition of Home Automation bringing to market Smart Home as a Service (SHaaS). LUXIHOME SHaaS is a cloud-based software platform that enables users to remotely monitor home inhabitants (children, seniors and pets), well-being, and control home appliances.

Noca has built a payment system that allows Merchants to start accepting payments online without having to get a Merchant account or getting PCI certification for their site. Additionally by offering an integrated low cost "Secure Check" system Noca is able to offer processing rates lower than other processors. On the Consumer side Noca is building a system where Users will be able to pay with a "PIN" as opposed to typing in full Credit Card information.

trint.me is a software platform where users can express their true intentions (friendly, professional or romantic) for specific people in their Facebook network without fear of rejection or risking their current relationship. If there is a match of intentions, both people know about it privately. If there is no match, neither one knows about others’ intentions.


TEC Pitch - Business plan presentations by Russian-speaking entrepreneurs

Dear Friends:

Mark your calendars and join us on November 8th (Tuesday) in Palo Alto for our famous TEC Pitch! In addition, a large delegation of entrepreneurs from Russia is coming to meet you.

The event includes a panel of venture capitalists, 10 min pitches from 5 pre-selected companies and extensive networking.

Among our confirmed distinguished judges are:


If you’d like to apply for this and future TEC Pitch events, please complete http://www.tecglobal.org/PitchingApp form and send a note to stas@khirman.com.

Register for TEC Pitch by Russian-speaking companies in Palo Alto, CA  on Eventbrite



TEC Breakfast with Runa Capital 2011-10-18

TEC meeting organised for Silicon Valley Russian-speaking entrepreneurs and Moscow-base Runa Capital partner Andre Bliznyuk.

5 years of investment banking experience: headed the Russia/CIS Equity Capital Markets Group for Goldman Sachs (2010-2011) and, prior to that, UBS Investment Bank (2006-2009), focusing on IPOs and other ECM transactions in Russia, Ukraine and Kazakhstan
In 2003-2006, head of capital markets and investor relations at Sistema, leading Russian conglomerate, managing debt and equity financing deals for Sistema, MTS, Comstar, Sistema Hals and Sitronics; prior to that, worked in Wimm-Bill-Dann’s investor relations team (2001-2003)
Graduated from MSU with a master’s degree in Cross-Cultural Communications; followed this with a graduate course in Economics/Management


Dancing with the Elephant: Pitching to a Largest Telecom Operator

Please join us on September 21st (Wednesday) in Palo Alto for TEC meeting with a group of Deutsche Telekom top executives. DT comes to the Silicon Valley for scouting entrepreneurs and startups working in the areas of:

  • mobile applications
  • location
  • payment
  • cloud infrastructure and cloud security
  • communications
  • OTT media
  • middleware

The event includes a panel of DT executives, 10 min pitches from 4 pre-selected companies and extensive one-on-one networking.

Confirmed Deutsche Telekom speakers:

Attending VCs

  • Jim Smith (Partner , Mohr Davidov Ventures)
  • Tae Hea Nahm (Partner, Storm Ventures)
  • Vivek Mehra (Partner, August Capital)
  • Sanjay Subhedar ( Partner,Storm Ventures)
  • Dror Berman (Partner, Innovation Endeavors)
  • Serge Plotkin (Venture Partner,Opus Capital )
  • Evgeny Zaytsev (Partner, Helix Ventures)


From Zero To Millions in Customers and Revenues

Successful founding CEOs tell their amazing stories! Well, who can’t build a large company on “beaucoup buck” by hiring a powerful PR agency, crafty viral marketers, giving out product for free, running multi-million dollar burn rates, and securing exclusive distribution channels through Apple or Google by capitalizing on investors’ connections?

But can you build a product used by millions and/or generate millions in revenues without any, or on very small, investment? – These Extra-preneurs did it!



Sponsored by


Bank Leumi USA and Blumberg Capital

cordially invite you to attend:


Hear from a panel of experts on what it takes to fund, launch and grow your digital media startup in the US.  Join Venture Capital and Strategic Investors, Super Angels, Executives, Founders, and Entrepreneurs from the US and Israel as they discuss the latest trends in the digital media sector.


oDesk founder & CEO : Getting to Millions of Users ( and $$$) per Month

Every year, hundreds of thousands of new businesses are formed - and nearly as many head to the deadpool.

How to take your business beyond the choppy waters of a startup and into the calmer seas of a multi-million dollar global business? How to became the industry leader, bringing millions of users (and dollars) to your business?

Join us to learn how oDesk overcame common startup challenges to become a multi-million dollar global company. Co-founder Odysseas Tsatalos and CEO Gary Swart will be sharing their insights on growing a business from early-stage startup to more than $16M in earnings each month.

oDesk is the largest and fastest-growing global employment platform where employers can hire, manage, and pay a flexible online workforce.  With more than 1.2 million contractors in 150 countries, oDesk (www.oDesk.com) is the industry leader in remote work.

Date:Thursday, April 28, 2011
Time: 6:30pm to 9:30pm
Location: SNR Denton,1530 Page Mill Rd
, Palo Alto

Register for oDesk founder & CEO : Getting to Millions Users ( and $$$) per Month in Palo Alto, CA  on Eventbrite

Speakers’ Bios:

Gary Swart, CEO,oDesk

Gary brings to oDesk a passion for helping small businesses succeed and more than 17 years of experience in the enterprise software market. Before oDesk, as the VP of Worldwide Sales for Intellibank, he was responsible for building the sales organization, but Gary's enthusiasm for small businesses was born during his tenure as a Business Unit Executive for IBM's Rational Software Product Group, where he led Small and Medium Business sales for the Americas. Gary came to Rational through its merger with Pure Software, where he held sales, management and leadership positions.
Gary holds a Bachelor of Science degree in Business Administration from the University of Maryland.

Odysseas Tsatalos, Co-founder ,oDesk

Odysseas has more than a decade of experience in designing and managing research and development operations for Internet-based applications. He co-founded Intacct Corporation and, as CTO, oversaw the development of all phases of the Intacct web-based enterprise accounting system. He was also CTO and co-founder of BroadQuest Inc., where he led the transformation from an enterprise software contractor into a B2B infrastructure enabler. Previously, Odysseas was a research staff member at the IBM Almaden Research Center.
Odysseas received his Ph.D. in Computer Science from the University of Wisconsin at Madison. He also holds a Master of Science degree in Computer Science from the University of Wisconsin at Madison and a diploma in Electrical Engineering and Computer Sciences from the National Technical University in Athens, Greece.



Vivek Wadhwa at Stanford: Future of Startups around the World

Fireside Chat with famous Vivek Wadhwa at Stanford:

Entrepreneurship, Leadership and the Future of Startups around the World

TEC (The Entrepreneurs’ Club) together with the Stanford GSB Europe Club is proud to announce a fireside chat with famous visionary and entrepreneurial guru, Vivek Wadhwa. Vivek is a senior research associate at Harvard Law School, advisor to several start-up companies, a columnist for BusinessWeek.com, a contributor to TechCrunch, and writes for international publications. Vivek has been busy jetting around the world giving advice and inspiration to entrepreneurs and governments especially those in India, Russia, Chile, Japan, Brazil and the US.

This event is organized in cooperation with SiliconFrench, JHTC, GABA , BayBrazil and IEFF .

Mark your calendars and make your plans to come and meet our distinguished speaker on:

Date:Tuesday, April 5, 2011
Time: 6:30pm to 9:30pm
Location: Bishop Auditorium, Graduate School of Business, 518 Memorial Way, Stanford University

For registration, please go to: http://tec20110405.eventbrite.com/

Please note that all proceeds from this event will go to Stanford University!

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Leonid Gozman : "Modernization in Russia: Myth or Reality?"

Open Discussion with Leonid Gozman
Board Member, RUSNANO, and
Co-Chairman of the Union of Right Forces Party

Modernization in Russia: Myth or Reality?

Dear Friends:

Mark your calendars and make your plans to come and share your thoughts with our distinguished guest, Leonid Gozman on the topic of Modernization in Russia: Myth or Reality?

Date:Thursday, March 31, 2011
Time: 5:30pm to 8:00pm
Location: SNR Denton,1530 Page Mill Rd
, Palo Alto

Register for Leonid Gozman :  Modernization in Russia: Myth or Reality?   in Palo Alto, CA  on Eventbrite

Please note that the discussion will be held in Russian, without translation.

Speakers’ Bios:

Leonid Gozman is a Board Member at RUSNANO, a $5B Russian State Corporation of Nanotechnologies and a Co-Chairman of the Union of Right Forces Party.

Before RUSNANO, Leonid was a Member of the Executive Board and Authorized Representative for the Government and NGO Relations at RAO UES (Energy Sector) of Russia. He also served as an Advisor to Anatoly Chubais, then the Head of Presidential Administration and later First Deputy Chairman of the Government of the Russian Federation. Leonid was a Member of the Democratic Choice of Russia Party and Secretary of the Federal Political Council of the Party and then a Co-Chair of the Federal Political Council, Right Cause Political Party in Russia.


What They Say About Us

"The wonderful thing about entrepreneurs is that their passion for starting new companies transcends languages and geographic boundaries."

Ron Conway, Founder and Managing Partner of the Angel Investors LP funds, early stage investor in Google and PayPal

"Networking is very important for start-ups. The challenge for them is often not money: it is mentoring and finding people who can give good advice from experience."

Esther Dyson, Founder, EDventure Holdings

"This conference is clearly a labor of love for a group of dedicated professionals who care deeply about the Eastern European entrepreneurs. From the value-packed educational panels, to the star-studded key note speakers' line up, to an amazing quantity of venture capitalists – this is a not to be missed event for any high tech entrepreneur,"

Richard Guha, President of the Marketing Executives Network and Managing Partner at MaxBrandEquity

"As Stanford MBA students, we were exposed to a lot of VC firms both from the Valley and abroad. It is at Stanford that we met Anna Dvornikova, an absolutely amazing business leader and (by our big luck) our friend, who was the center of the Russian Silicon Valley professional community, and was doing a huge work to connect Russia and the Valley. Anna helped us a lot with kick-starting Wikimart, put us to our first-ever conference, introduced us to most of Russian VCs. And all that happened in a very short time span! It was the beginning of a six-month journey that despite the particularly tough times resulted in an extraordinarily group of investors backing our start-up."

Maxim Faldin and Kamil Kurmakayev,
co-CEOs, Wikimart