Nov. 1, 2022

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

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 is a deep dive on how Venture Capitalists work. In this episode, I talk to Pavel Cherkashin, the Managing Partner at Mindrock Capital. The episode opens with Pavel talking about his life growing up in Russia, and his passion for science and entrepreneurship, which eventually leads him to share his journey of building and scaling his web development company straight out of college. He also talks about his story of getting into venture capital, shifting from Russia to the US and how Mindrock Capital operates as a venture fund. In the latter half of the episode, Pavel talks about the prediction model used at Mindrock to make investments and his special Hack Temple project.


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.

Pavel Cherkashin Profile Photo

Pavel Cherkashin

Managing Partner at Mindrock Capital

Pavel is the Managing Partner at Mindrock Capital. At Mindrock, Pavel is responsible for the 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.