Alex Chachava: The Era of Russian-speaking Tech Entrepreneurs Has Come
The following is an interview with Alex Chachava. Alex is a serial IT entrepreneur, founder and managing partner of LETA Capital, as well as the Board Member of a number of portfolio companies and a member of YPO — the world’s largest association of business leaders
Interviewed By Galina Polozhevets from BIT
– Alexander, being a successful entrepreneur, what motivated you to become a venture capitalist? As you once said “VCs lose millions of dollars even outside of crises times upon startups going bankrupt”
– I believe the transformation from entrepreneur to venture capitalist happened pretty organically in my case. At the time (around 2011), I was having an entrepreneurial career, having launched several companies. Serving as a CEO and shareholder of Leta Group, which at that point employed 500 people and had revenue of about $100 million, I realized that in order to move to the next level, I need to change my business approach.
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