The Recursive podcast is back for Season 4 and it welcomes one of the founding fathers of the Bulgarian tech ecosystem.

Vassil Terziev is the biggest angel investor in Bulgaria. He’s also among the most active ones in the whole region. He’s a partner at the early-stage fund Eleven Ventures.

Vassil Terziev is the co-founder of one of Bulgaria’s most successful tech companies, Telerik. The company’s sale to Progress in 2014 is still the largest for Bulgaria to this date. More than 40 companies were created by former Telerik employees.

Moreover, Vassil and his co-founders have invested in the education of the next generation of tech talent through the Telerik Academy Foundation. They also created the startup incubator Campus X which hosts a plethora of innovative Bulgarian companies.

Vassil has mentored and helped the growth of more than 50 businesses. He is also a founding board member of Endeavor Bulgaria and the Bulgaria Innovation Hub.

In this episode, you will get an insider view of how he has formed his mindset. He shares how his understanding of success has evolved over the last 20 years and the philosophy behind spreading your knowledge to build a healthier society.

In his conversation with Irina Obushtarova, he also talks about:

🎗️The importance of giving back and replicating success outside the tech ecosystem. (“The battle is how do we get more people to understand how much power they have as individuals who can create value and change the world around them every day. The key to achieve that is education.”)

😣 The hardest part about building a company; (“It’s all about working on yourself to expose your strengths and mitigate the weaknesses and doing the same in a team environment where you collectively help each other to make the most out of your talents.”)

🦄 What is the path towards ten Bulgarian unicorn companies;