Premium Content

Sergey Tokarev dedicates his speech at WebSummit 2022 to importance of taking care of system that business grows and shapes up in

WebsummitLisbon, Portugal - Oct 24, 2018: Tuk Tuk next to a sign advertising the World Web Summit, the largest technology convention in the world and Europe to be held in Lisbon in November

This year, the world’s largest IT conference Web Summit, held annually in Lisbon, Portugal, was marked by the participation of more than 70,000 attendees. As in previous years, not only specialists from the IT sector attended the event, but also CEOs, founders, venture capitalists, investors, politicians, journalists, as well as influencers from the tech world. The Ukrainian pavilion participated in the summit for the second time, and the opening of the Ukrainian sector began with a panel discussion, during which the speakers discussed the challenges of businesses in times of uncertainty. For instance, during his speech, Roosh Founding Partner Sergey Tokarev emphasized the importance of taking care of the system that helps businesses to grow and shape up.

The Ukrainian entrepreneur stressed that business should not only take care of its employees but also of society as a whole, meaning the improvement of public infrastructure, and education, as well as contributing to the development of the international community. According to Sergey Tokarev, this motivated him and his colleagues to create a fully featured tech ecosystem in Ukraine that also included such projects as venture studio Pawa, SET University in Kyiv, AI HOUSE, Reface, and Zibra AI. And the objective of this ecosystem is to turn the country into the largest hub in Eastern Europe for AI/ML projects.

As the businessman noted, even despite the COVID-19 pandemic, the lockdowns, and various restrictions, he did not abandon the idea of ​​launching Roosh Ventures, as he firmly believed that Ukraine was able to withstand all difficulties in the same way that it withstood them and in the past. Let us remind you that Roosh Ventures is a venture capital firm that supports startups on their formation and development path, helps them with expert advice, as well as assists in obtaining funding and access to other resources necessary for thriving.

According to Sergey Tokarev, Ukraine is a strong and brave state with a character of steel that proved to the whole world what the power of cooperation means. He stressed that the war had highlighted the need to take care of the system that entrepreneurship grows and develops and noted that businesses should remain in Ukraine to help the country prosper because only by uniting can one confront all challenges.

Besides Roosh Ventures founder, Deputy Chief of Party, USAID Justice for All Program Natalia Petrova, Deputy Minister of Digital Transformation Oleksandr Bornyakov, and Head of Product Pawa Tetyana Yaroshenko also delivered their speeches to the summit participants during the events held by the Ukrainian pavilion. Their presentations focused on how to cope with various crises, including those stemming from the war, as well as how they affected the IT employment market in Ukraine and the development of start-ups in the country.

Web Summit 2022 was held on November 1-4, and the First Lady of Ukraine opened one of the largest IT conferences in the world. In her address to the summit participants, Olena Zelenska stressed that the invention of new technologies should be aimed at helping people, and not at destroying our already long-suffering world.