Advisory Board

Thomas Nastas

Founder, Innovative Ventures Inc (IVI), Moscow
Biography

Mr. Nastas was General Partner, Chief Investment Officer/Managing Director and/or Senior Advisor in the creation of venture funds in the US, Canada, Europe, Africa, CEE and the CIS with total capitalization of $750 million.
Mr. Nastas recently finished a senior advisory assignment for the Russian Venture Company (http://rusventure.ru), the Russian Government’s $1 billion fund-of-funds, Moscow. Currently Mr. Nastas is Independent Director, Board of Directors, Sotsgorbank (www.socgorbank.ru) and the Independent Directors Association (www.nand.ru), both located in Moscow, Russia. He represented venture capital investments on the Board of Directors of five US and seven Russian companies including Neogen (NEOG: NASDAQ), Applied Intelligent Systems Inc. (acquired by ESI, ESIO: NASDAQ), Personal Bibliographic Systems (acquired by Thompson Financial, NYSE: TRI & NASDAQ: TRIN), Flexoprint, MRCI, Saratov Wallpaper, Rolti and Lada-Xleb to name a few. Mr. Nastas was Chief Investment Officer, Senior Advisor in venture capital at the Russian Investment Fund, HP Russia LP, IFC, The World Bank, the European Commission, the Canadian Development Bank, Financiere St. Dominique & others.
Tom Nastas created IVI to invest venture capital (VC) into US technology companies. He marketed IVI’s entry into Canada, Europe, Africa & the CIS; established relationships, access markets, raised capital to finance the start-up & mgt of international cash flow & VC funds. He managed the P&L, led int’l bus dev thru sales & execution. His early career includes Product Development Engineer, Ford Motor Company: Manager of Product Planning & Market Development at Multifastner Corp., & Donnelly Mirrors (auto suppliers): He started his career as a management consultant to AMF, Lear Sigler, Votrax Speech Synthesis, Sinteris Magnetics, Chinese Computer Comm., Recomtex & others. He earned his BA and MBA from Michigan State University.
Mr. Nastas is active in the Russian community, to develop future leaders and help place talented Russians in companies he is involved with. Mr. Nastas was recently appointed member, Global Advisory Committee, Larta Institute, Los Angles California (http://www.larta.org/ThisIsLarta/TeamView.aspx?fname=Thomas&lname=Nastas). Since 2001, he is Advisor, Pericles, Moscow. He tutors Russians for admission to international MBA universities, assists in the preparation of essays & interviews. Successes? 100+ students enrolled in London School of Economics, U of C Berkeley, U of M, Chicago, Duke, Harvard, MIT, Stanford, Wharton and INSEAD to name a few.
Mr. Nastas is an avid writer with articles on venture capital, technology and innovation published in the Harvard Business Review (Russian and Hungarian editions + English translation), Alternative Assets, Russian Investment Review, African Technology Development Forum Journal, Development Outreach (publication of the World Bank), Asian, Canadian, European and US Venture Capital Journals. His full profile can be viewed at http://www.linkedin.com/in/thomasnastas
Personal publications and media references to / comments by the expert


1. ‘Finance the Financing Gap,’ 7 June 2009 & ‘Global Economy Innovation,’ 4 April 2009, published in AlwaysOn, the Silicon Valley media company whose content focuses on technology where innovation is disrupting markets and creating new business opportunities for venture capital


2. ‘Recovery After the Perfect Storm,’ World Finance Review, page 48, May 2009, London, England


3. ‘The GoForward Plan for Scaling Up Innovation, Part I,’ republication of Nastas article, Harvard Business Review (Latin American, Hungarian & Russia editions) in Marchmont Capital News, May 2009 (in Russian)


4. ‘The Future Role that Small to Medium-sized Businesses Can Play (in Russia),’ AmCham News, March-May 2009, publication of the US-Russian Chamber of Commerce, Moscow Russia


5. ‘Connect Globally for an Innovative Economy,’ The Moscow Times, 26 March 2009, republished in The Russian Blog, 20 April 2009


6. ‘How a Russian FedEx Could Save the Economy,’ The Moscow Times, 19 February 2009, republished in The Russian Blog, 10 April 2009


7. ‘Innovation for Growth,’ Latin America edition, Harvard Business Review, September 2008 (in Spanish)


8. ‘Knowledge for Economy, Niches for Risk,’ Vedomosti, 12 March 2008, (in Russian)


9. ‘Knowledge for Economy, 1st Steps,’ Vedomosti, 5 March 2008, (in Russian)


10. ‘Knowledge for Economy, Economies of Scale,’ Vedomosti, 2 March 2008 (in Russian)


11. ‘Scaling Up the Innovation Ecosystem,` published in the Russian Blog, 28 January 2008 (in Enlish only)


12. ‘A GoForward Plan to Generating Prosperity,’ published in the Russian Blog, 16 January 2008 (in Enlish & Russian)


13. Series on ‘Scaling Up Innovation,’ published in AlwaysOn, the Silicon Valley (California) media company whose content focuses on technology where innovation is disrupting markets and creating new business opportunities for venture capital


‘Scaling Up Innovation, Beyond Borders, Part IV,’ 16 March 2008


‘Scaling Up Innovation, Action, Part III’ 16 March 2008


‘Scaling Up Innovation, Issues & Solutions, Part II,’ 9 March 2008


‘Scaling Up Innovation, Intro & the Problem, Part I,’ 27 February 2008


14. ‘Venturing into New Territory,’ the Moscow Times profiles the career of Thomas Nastas, 19 November 2007


15. ‘Scaling-Up the Innovation Ecosystem,’ //Hungarian edition, Harvard Business Review, October 2007 (Hungary), African Technology Development Journal. November 2007, ‘Scaling Up the Innovation Ecosystem for Knowledge Creation,’ //AmCham News, Dec. 2007, publication of the US-Russian Chamber of Commerce in Moscow Russia


16. ‘The GoForward Plan to Scaling-Up Innovation,’ Russian edition, Harvard Business Review, June/July 2007 (Russia)


17. ‘Comment on Innovation,’ Part I & II. May 2007 (Kenya, Africa)


18. ‘A GoForward Plan to Generating Prosperity,’ Vedomosti, 25 June 2007 (in Russian) &, The Moscow Times. - March 2007


19. ‘Scaling Up Innovation,’ Russian Investment Review, April/May 2007 (UK)


20. ‘Scaling Up Innovation, the Path to Prosperity,’ 14 March 2007, the e-newsletter of Alternative Assets (UK)


21. ‘Scaling Up Innovation: The Path to Prosperity,’ in the World Bank publication ‘Development Outreach Journal,’ January 2007


22. ‘Russia, Oil, VC & Tech,’ Part I & Part II //Russia Investment Review, January & April 2006 (UK)


23. ‘Venture Capital Opportunities in Russian Petroleum Technologies.’ Russian Petroleum Investor & Russia/Eurasia Executive Guide (USA)


24. ‘The Bus Development Story in Russia,’ Hart E&P, Dec. 2005 (USA/Russia)


25. ‘Potential for Innovation in Russian Oil/Gas,’ Securities Market Journal, April 2005, (Russia)


26. ‘New Directions in European Private Equity,’ European VC Journal, August/September 1992, London


27. ’Managing Risk to Improve Total Returns,’ START-UP, newsletter of the EU Seed Capital Fund Program, February 1992


28. ‘ Improve Total Returns in International Private Equity,’ Canadian Venture Capital Timesaver, Winter 1992


29. ‘Improve Total Returns in the Uncertain Asian Markets,’ Asian Venture Capital Journal, July 1991, Hong Kong


30. ‘Balancing Risk/Return: A New Way to Limit Risk Without Slashing Returns,’ U.S. Venture Capital Journal, June 1991


31. ‘Royalty Deal Structures Improve Total Returns,’ Canadian Venture Capital Journal, Winter 1991 & UK Venture Capital Journal, Spring/Summer 1991


32. Contributing author of two textbooks: ‘Cases in Product Planning & Development,’ and ‘Starting A Hi-Tech Company: An Insider’s View of Entrepreneurship,’ both published by the University of Michigan Press, 1977.
 

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