Ilya Strebulaev - RBC: "A tsunami of revolutionary transformations is approaching"

Which industries will be the next big breakthroughhow to distinguish a promising technology from a hype and what to look for when choosing startups for investment - Ilya Strebulaev, professor at the Stanford Graduate School of Business, told RBC Pro

Ilya Strebulaev is an international finance and venture capital expert and professor at the Stanford Graduate School of Business. The only Russian lifelong professor at Stanford University. Published in Journal of Financial Economics, Journal of Finance, Review of Financial Studies. Since 2018, he has been a member of the Yandex Board of Directors. He became one of the heroes of the documentary film by Yuri Dud "How the IT Capital of the World Works" about Silicon Valley. Strebulaev is known for his research on venture capital investment, in particular the study of unicorn startups.

From the text you will learn:

why the Silicon Valley ecosystem is difficult to recreate anywhere else; which industries and technologies have a great future; how to distinguish truly promising technologies from hype; why there will be more failed startups in the near future; why a correction in the technology sector is inevitable and what an investor should do under these conditions; how to choose the right startups and in which companies Strebulaev himself invested. “Now there is no one industry that takes all the venture capital money - a breakthrough occurs simultaneously in all industries”

— One of your key researches is studying startups and finding differences between “unicorns” and unsuccessful projects. Tell us more about it.

— One of the most important questions is what factors determine the success of startups. The probability of failure for any startup is high - so if we can somehow predict the factors of success and failure, we can increase the return on investment.