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.vs.
Local Accelerators
 with
 Western Accelerators
What does each side bring to the table?
We enjoy the same taste!
East
Substantial new capital from
previously untapped
resources looking for
opportunities on the internet. 

New Angel Network for seed
stage investment (postaccelerator), looking for deal
flow from anywhere around
the globe 
	
  

v	
  
Capital 

West
Substantial venture capital
with an appetite for beyond
borders: Accel, Bessemer,
Intel
	
  
But we also each have our secret sauce!
East
Ukraine is Gartner top 30 leading IT 
outsourcing destination with over
100,000 developers 

Perfect pilot entry into Ru-net, the
largest internet audience in Europe.
Russian is now the second most used
language on the internet.

Local accelerators can generate
global startups ripe for customer
development in the West
	
  

West
Scale

Smart money

Mentors
	
  
Let’s have a feast!
Eastern and Western accelerators can be matched for best of both
worlds:

Dating: 
Form crossaccelerator teams
of Eastern tech+
Western Biz

Co-investment:
Conduct panEuropean
deployment for
models that can
and should 
be replicated in
multiple European
countries 

Combined Demo
Day 


Exchange: 
Sweeter terms for
teams expected to
go through double
acceleration for biz
dev purposes
Eastlabs Fast Facts

Founded!
2012
!

Portfolio!
12 companies 
consumer web and gaming
!
Mentors!
95


Equity Investment!
$600,000

Follow-on money!
$900,000

In 2013 launched 
Eastlabs Gaming!

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IDCEE 2013: Local Accelerators with Western Accelerators - Eveline Buchatskiy (Managing Partner @ Eastlabs)

  • 1. .vs. Local Accelerators with Western Accelerators
  • 2. What does each side bring to the table?
  • 3. We enjoy the same taste! East Substantial new capital from previously untapped resources looking for opportunities on the internet. New Angel Network for seed stage investment (postaccelerator), looking for deal flow from anywhere around the globe   v   Capital West Substantial venture capital with an appetite for beyond borders: Accel, Bessemer, Intel  
  • 4. But we also each have our secret sauce! East Ukraine is Gartner top 30 leading IT outsourcing destination with over 100,000 developers Perfect pilot entry into Ru-net, the largest internet audience in Europe. Russian is now the second most used language on the internet. Local accelerators can generate global startups ripe for customer development in the West   West Scale Smart money Mentors  
  • 5. Let’s have a feast! Eastern and Western accelerators can be matched for best of both worlds: Dating: Form crossaccelerator teams of Eastern tech+ Western Biz Co-investment: Conduct panEuropean deployment for models that can and should be replicated in multiple European countries Combined Demo Day Exchange: Sweeter terms for teams expected to go through double acceleration for biz dev purposes
  • 6. Eastlabs Fast Facts Founded! 2012 ! Portfolio! 12 companies consumer web and gaming ! Mentors! 95 Equity Investment! $600,000 Follow-on money! $900,000 In 2013 launched Eastlabs Gaming!