Archive for August 31st, 2009

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Quote of the year……..And confirms what I have been saying to foreign investors……

August 31, 2009

Well dear readers……at last, an extremely successful Ukrainian businessman has come out and said exactly what I have been telling foreign investors……..and several US investors recently…….on an almost hourly basis…….as what I am telling them just does not seem to sink in……

“He also admits he is not particularly interested in foreign investors who will require detailed explication of the fund’s technology. “There are plenty of resources in Ukraine for investment, so foreign investors are not a priority at the moment.” Grib says it took him only one week to raise the fund’s UAH500m and that with only talking to 20% of the people on his list. “25% of the money is mine, and the rest belongs to private individual investors,” he says.”

So, once again, for the benefit of those US investors, who will once again, today, try and tell me nobody will do it like that, I will say once again………

There is no shortage of money in Ukraine for the right deals…….it does not need foreign investment in the best deals……money is always (and easily) found for the good deals.  If you want to get in on the good deals, then you have to do it the Ukrainian way.  If you don’t like it, don’t do it……..but they won’t change their ways for you.

The FSU is still not a place for the faint of heart or western styled business model……so you are either in or you are out……but stop wasting my time with your “Yes but’s….”, “will they do it like this because nobody will do it that way…….” crap.

As this article clearly shows you numb-nuts, what I am telling you is true…….so put up or shut up!!!

http://businessneweurope.eu/storyf1745/FUNDS_Vadim_Grib_sets_up_Ukraines_first_distressed_fund

……You just can’t tell some people!!

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