CoolTech Club panel : Making Money on Social Media: Russia Compared to the US (LiveJournal & TrialPay CEOs panel)


February 3,2010


The discussion will touch on the following issues:

  • differences in revenue strategies and advertising for social media companies in Russia and the US
  • development of gaming and virtual goods,
  • mobile solutions for social media: Russia vs the US,
  • US stereotypes about Russia's business environment
  •  legal issues, and more.


* Sean Ryan (Global CEO, LiveJournal Inc.)
* Anjelika Petrochenko (General Manager, LiveJournal Inc.)
* Alex Rampell (CEO and co-founder, TrialPay )

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