When David Jones worked in San Francisco, his home had a view of the bay; now his residence overlooks a car park in Moscow. It’s surprising that anyone would elect to make such a startling change in lifestyle or indeed climate. What is even more puzzling is that someone with over 20 years’ venture capital experience in the US would want to head a private-equity firm in Moscow, funding Russian start-ups.
For Jones, president and CEO of Delta Capital, the answer is simple: being a venture capitalist in Russia presents the most exciting opportunities, particularly to serve the vast untapped consumer market outside Moscow and St Petersburg.
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