TEC Weekend Reading 2011-09-03


Legal Advice : If I Launched a Startup : http://startuplawyer.com/startup-issues/if-i-launched-a-startup
While this blog is clear advertisement for legal services, it includes short list of quite helpful basic advises for VERY early stage founders.

NASA Blog recommendations : How to guide your project toward failure :
Learn from the best experts how to waste resources on failed projects (Shuttle to nowhere?)

Sequencing the Startup DNA on LinkedIn

Benchmark your startup against 3,200+ internet startups.

It's Not Just Standing Up: Patterns for Daily Standup Meetings

Five Tips For Getting iPhone Reviews


 Scratchpad : dev tool in the latest FireFox : http://blog.mozilla.com/devtools/2011/08/15/introducing-scratchpad/

Google released “offline” support for Gmail. GDOC support to  be released soon..

AI vs. AI. Two chatbots talking to each other   
IMHO, looks like a natural man & female conversation, isn’t it ?

Web technologies evolution [ infographics]

Free Stanford U classes at your location:
http://www.ai-class.com (Artificial Intelligence)
http://www.ml-class.com (Machine Learning)
http://www.db-class.com (Introduction to Databases)


How to get media attention using fake research:
Exhibit 1 : Is Internet Explorer For The Dumb? A New Study Suggests Exactly That.
Exhibit 2:  retraction at http://www.aptiquant.com/articles/396/ 9
(quite a lot of people believed this “research” and create a MASSIVE traffic )
Bonus reading : iPhone users are getting more sex ;-)
( no , it is not a joke - coming form quite solid company)


TEC Weekend Reading



From Zero To Millions in Customers and Revenues

Thinking to bootstrap your company in the Silicon Valley ? - Learn from those who did it!



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

TEC Managing Directors' portfolio company OktoGo.ru raises $5M from investors in Skype, Mangrove Capital, and Ventech VC

TEC Managing Directors' portfolio company, Oktogo.ru - an online Russian travel service, launched in 2010 by Marina Kolesnik (founding team member of Mail.ru and Harvard graduate), is pleased to announce its successful milestones:

Oktogo.ru now reaches 2000 contracted hotels creating the largest contracted hotels database in Russia and former Soviet Republics.

Oktogo.ru boasts the largest and most relevant hotel offering for Russians traveling abroad, including offline payment methods and visa support services.

Mangrove CP, a global leading VC firm has become a shareholder, alongside ABRT and French fund Ventech VC.  Javier Perez-Tenessa, the founder and CEO of eDreams, Fabrice Grinda, founder of OLX, and Jose Marin, founder of IG Expansion, have joined the company as investors and advisors.

The $5 million investment will help oktogo.ru continue contracting Russian hotels throughout the country and provide a unique online presence to most of the approximately 7000 Russian hotels, accelerate the growth rates and to build a recognized brand in Russia.


Vivek Wadhwa talk at TEC Club (April 5,2011)

On April 5th,2011 , under the auspices of The Entrepreneur's Club and the Europe Club of the Stanford Graduate School of Business 6 international groups and their members met to hear entrepreneur, turned academic, and frequent writer on TechCrunch and in Business Week, Vivek Wadhwa.

Vivek give his insights about startups, and countries like Russia and Chile trying to recreate Silicon Valley as well as future prognostics about the loss of key international talent leading to America's current brain drain. Audience members widened the topics discussed and made the evening a truly global one.


Leonid Gozman talk at TEC Club ( March 31,2011)

Leonid Gozman talks to over 80 Russian-speaking expats at TEC event in Palo Alto about the real meaning of the Russian modernization program. Is it a myth or reality?

Leonid Gozman is a Board Member of RUSNANO, a $10B Russian State Corporation of Nanotechnologies and a Co-Chairman of the Union of Right Forces Party (democratic opposition).


Corporate Members



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