Quarterly Reports

A REPORT TO THE WHITE SUMMERS COMMUNITY – Q1, 2014….QUITE A RIDE!!

Most of you are already aware that White Summers opened its European Office in Budapest in January. On March 18th under the leadership of Tamas Weiszbart the European Office organized a presentation at the Prezi offices in Budapest attended by 250 tech entrepreneurs, investors and sector leaders that was streamed live on Ustream…….followed by an Office Launch Party on March 19th attended by over 125 leaders of the Hungarian tech community, including a sitting minister of the Hungarian federal government and two former ministers. The WS launch has gotten a lot of press in blogs, tweets, Facebook and a featured article in Forbes Hungary (check out the link on our website). And this past week Peter Arvai, Prezi’s CEO, tweeted our office launch to his followers and endorsed our efforts in Central Eastern Europe (CEE). When you think of it, this is all quite amazing!

Over 61 photos of both the Prezi and Office Launch can be found on the Facebook link for our Euro Office at https://www.facebook.com/pages/White-Summers-Europe/687581737954592.

This huge undertaking was conceived and put into effect by our partner, Tamas Weiszbart. Tamas did an outstanding job on everything connected with this launch campaign by organizing and recruiting volunteers, finding venues and planning event details, procuring key sponsorships, inviting thought leaders in the tech community and assuring broad and deep press coverage. We also want to thank our two business advisors in our Budapest Office…. Zsolt Weiszbart and Csaba Szabo. Zsolt and Csaba are leaders of the tech startup community in CEE….Zsolt is a leading business angel there and Csaba runs Singlularity University Europe. Tamas and his team, Zsolt and Csaba all executed flawlessly – and the Euro Office is now positioned in Hungary and the CEE Region as the leading law firm working with elite tech companies growing global businesses.

We want you – members of the White Summers community – to be aware of the extraordinary effort made and early success that Tamas and his team have generated for our expanision into Europe. We also want to commend our partner Inna Efimchik on the significant increase in her practice in Russia and Ukraine. The firm now has solid and sustainable presence in Russia, Ukraine, CEE, the Nordic and Baltic Regions and Spain. And White Summers is now working with companies and investors in Austria and Germany.

Finally we are please to annouce that the firm recently initiated an affiliation relationship with Cytowski LLC….a boutique transactional firm like ours with offices in New York and Warsaw. And in February we relaunched WhiteSpace – our cowork space in the Valley for tech companies.

All in all, a very active start to 2014!!