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Localization of global successful Internet business models in Russia: smart copy-cut strategy.

This article explores the smart copy-cut strategy for localizing global successful internet business models in Russia. It covers types of people and innovations, low-tech and high-tech innovations, AddVenture story, and recommendations for entrepreneurs, local investors, and officials. The article also invites potential partners to join AddVenture in expanding their expertise to other countries.

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Localization of global successful Internet business models in Russia: smart copy-cut strategy.

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  1. Localization of global successful Internet business models in Russia: smart copy-cut strategy. Max Medvedev, Partner at AddVenture Fund

  2. Types of people and innovations People: • Those, who innovate, make smth new - “Innovators” • Those, who watch how smbd make smth new and try to repeat it locally - “Followers” • Those who stand and wonder what’s going on =) Innovations: • high-tech (search, 3d, virtualization, etc) • low tech (eCommerce, aggregators, etc)

  3. Low-tech and high-tech innovations

  4. AddVenture story

  5. Recommendations (for eBusiness) • For entrepreneurs • Read (techcrunch, venturebeat, etc) and analyze business models • Speed networking and build connections • Participate in contests, make your own clubs of interest • Make start-ups & pitch to investors & raise money • For local investors • Invest in people not ideas (Arthur Rock, investor in Intel) • Co-invest with global players (they can bring expertise) • For officials • Support entrepreneurs • Support contests • Make conferences, bring success stories to your contries (eBay, Google, Amazon) • Support local and global venture capital • Simplify legal procedures

  6. Want to be a partner? • We build a category leader in Russia, company grew from 50 orders/day to 3000 orders/day • We want to capitalize our expertise in other countries (Latam, Africa, China, etc) and we look for a local partner • We bring technology, market expertise, money and exit strategy, join us: Max@addventure.to +7 926 339 82 50

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