SVB FX advisors focus on international expansion, entrepreneurs in emerging markets, like Russia, who have to be savvy with FX strategies from day one. Emerging market entrepreneurs have to understand the cash flow consequences for foreign currency exposures and minimize FX-related costs from the day they receive their first term sheet in U.S. dollars or Euros.
Outlook for USD, EUR, RUB in 2016
SVB international banking platform and structure of accounts
Overview of most common and costly FX mistakes
Simple strategies for keeping FX fees down and managing currency risks
Overview of more complex hedging strategies for later stage technology companies
The views expressed in this article are solely those of the author and do not reflect the views of SVB Financial Group, or Silicon Valley Bank, or any of its affiliates. This material, including without limitation the statistical information herein, is provided for informational purposes only. The material is based in part upon information from third-party sources that we believe to be reliable, but which has not been independently verified by us and, as such, we do not represent that the information is accurate or complete. The information should not be viewed as tax, investment, legal or other advice nor is it to be relied on in making an investment or other decisions. You should obtain relevant and specific professional advice before making any investment decision. Nothing relating to the material should be construed as a solicitation or offer, or recommendation, to acquire or dispose of any investment or to engage in any other transaction.
Foreign exchange transactions can be highly risky, and losses may occur in short periods of time if there is an adverse movement of exchange rates. Exchange rates can be highly volatile and are impacted by numerous economic, political and social factors, as well as supply and demand and governmental intervention, control and adjustments. Investments in financial instruments carry significant risk, including the possible loss of the principal amount invested. Before entering any foreign exchange transaction, you should obtain advice from your own tax, financial, legal and other advisors, and only make investment decisions on the basis of your own objectives, experience and resources.
Vera Shokina is a Managing Director with Silicon Valley Banks’s Global Gateway group. In this role she assists international venture capital funds and global innovation companies with their US and international market expansion. Prior to joining SVB, Vera was a Partner, CFO and COO of Runa Capital, a $200MM venture capital fund, where she was responsible for all finance, legal, operations and investor relations functions.
Prior to joining Runa in 2010, Vera spent five years as a VP with Silicon Valley Bank where she was responsible for building relationships with technology start-ups and oversaw a $50M USD venture debt portfolio for early-stage VC-backed software and services companies. Additional Silicon Valley experience included work at GE Capital and Goldman Sachs & Co. Before moving to the US, Vera worked for Citibank Moscow, where she managed a portfolio of loans and traded Russian equities for institutional foreign investors.
Vera holds an MBA from the Moscow Finance Academy and a bachelor’s degree in foreign languages from Moscow State Linguistics University.