Richard Branson will invest in the Ukrainian startups

Richard Branson will invest in the Ukrainian startups

25.01.2016 News

Richard Branson will invest in the Ukrainian startupsThe well-known British businessman Richard Branson said at the World Economic Forum, during a private event “Ukrainian lunch” in Davos, that he is ready to invest  in the Ukrainian startups, told Andrei Kolodyuk, the  partner of AVentures Capital, who visited the event. He also said that he talked to Branson and discussed the issue about  investments in Ukrainian projects.

During the forum, Richard Branson, speaking at the same stage with the American billionaire George Soros and the head of the Ukrainian Ministry of Finance Natalya Yaresko, said that Ukraine  has prospects, firstly, in IT- sphere, and that investment in the Ukrainian startups are interesting for him.

In addition, during a conversation with Kolodyu, the  well-known businessman said that he meant financial and technical projects. According to the Ukrainian investor, Branson told him that he was pleased with investments in TransferWise, and he is also interested in investing in Bitcoin-  and blockchain- startups in Ukraine.

According to the billionaire opinion, now Ukraine needs a large number of young entrepreneurs who are thinking about how can they make better lives of people in the country. Branson said that the system  in Ukraine does not work very well, so people can build a business, trying to improve it, and that will be a start of entrepreneurial career.

According to Branson, it is also important to create jobs in native country. The billionaire said that in Ukraine a lot of extremely well-educated young people, eager to succeed. However, for some reason, they  want to go to the USA  to work on large technology companies, although they are able to build a successful business in Ukraine, to create the same companies and provide hundreds of jobs to their fellow citizens.

According to Branson, one of the biggest opportunities in Ukraine is energy saving, since every year the country spends a lot of electricity, and therefore definitely necessary to build an industry that will not only save a lot of resources, but also provide thousands of jobs.

Source: forbes.ua

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