Sunday, May 26, 2013

From Russia, With Robotics

<p>Dmitry Grishin, CEO of Mail.ru, wants to invest in companies that can sell robots for less than $2,000.</p><p>Dmitry Grishin knows a lot about the virtual world, serving as CEO of Mail.ru, a Russian social networking and games website worth more than $6 billion. But when the 34-year-old decided to start his own company on the side, he opted instead for something far more physical -- robots -- stemming from his own childhood passion for playing with construction sets.</p><p>Last year, Grishin set aside $25 million to found Grishin Robotics, which invests in companies creating consumer robots.</p><p>"While information technologies and the Internet have made a giant leap in the last two decades, there have been no revolutionary breakthroughs in the offline world," Grishin wrote in an e-mail. "Robots may become one of them."</p><p><a href="http://www.bloomberg.com/news/2013-05-23/from-russia-with-robotics.html">Keep reading...</a></p>

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