UVC: Pavel Cherkashin from Mindrock Capital on how the fund operates, the prediction model they use to make investments and his mystical Hack Temple project

Understanding VC

01-11-2022 • 44 mins

In this episode, you will learn:

  • Pavel’s journey of building a web development company straight out of university
  • How hard was it for Pavel to move to the US from  Russia and start a venture fund?
  • How does Mindrock Capital operate and the value it provides to its investors?
  • How does the prediction model at Mindrock Capital that evaluates the probability of a startup’s success work? What are its data points?
  • What is the Hack Temple project, the reason why Pavel started it and why it's a mystical project for him?
  • Implications of the war in Ukraine on Mindrock Capital and how they have managed to cope with it

About

Pavel Cherkashin is the Managing Partner at Mindrock Capital. At Mindrock, Pavel is responsible for it's vision and strategy. He oversees over $1B in AUM. Earlier in his career, Pavel held senior positions at Microsoft Russia, Adobe Systems and Siebel Systems. He founded several IT companies that were acquired by leading global organizations and managed two early-stage venture capital funds.