Today, tech media The Recursive announces a new leadership structure to guide its next chapter. Teodor Antonio Georgiev has been appointed Chief Executive Officer, joined by Etien Yovchev and Dilyana Haralanova as Managing Partners. Co-founder and outgoing CEO Irina Obushtarova remains actively involved as a trusted strategic advisor, ensuring continuity of vision and DNA as the company scales internationally.
In 2021, The Recursive began with a simple conviction: that stories shape stories. If the world saw innovation rising in emerging ecosystems like Central and Eastern Europe, it would change how capital flows, how partnerships form, and how ecosystems evolve. Four years later, that story continues — this time, on a global scale.
Since the start of 2025, The Recursive has tripled its monthly recurring revenue, expanding its services to meet the needs of a fast-diversifying client base from 12+ countries: from early-stage startups looking to fundraise and build demand, to later-stage IT service companies and global corporations pursuing strategic market expansion, to governments aiming to position their countries as global innovation hubs.
At the core of this evolution is a network that now spans more than 20,000 founders, investors, corporate leaders, media outlets, major conferences and ecosystem builders across Europe, North America, and the Middle East.
“We’ve always believed stories shape stories — but we’ve also learned that visibility alone isn’t enough,” said Teodor Antonio Georgiev, CEO of The Recursive.
“Our role today is about making the right introductions, amplifying the right signals, and helping the region’s most promising players connect with capital, customers, and talent across borders. I am excited to lead this next evolution in The Recursive story.”
To support its international growth strategy, The Recursive is also launching a Global Advisory Board. The purpose of this non-governing structure is threefold: to channel local expertise and networks to guide The Recursive’s market entry and growth strategy; to strengthen brand credibility and reach among key audiences, and to enable faster access to business opportunities, strategic partnerships, and local talent pools.
“We’re not just publishing stories anymore — we’re shaping how they unfold,” said Yovchev.
“When a startup enters a new market, when a country rebrands as a tech hub, when a VC fund expands its LP base — The Recursive is often behind the scenes, helping make those moves visible, credible, and connected.”
“As we enter this next chapter, our focus is on building the operational muscle to match the scale of our ambition — so that the stories we shape can travel further, connect faster, and unlock even greater outcomes across borders,” commented Haralanova.
Lead image: The Recursive. Photo: uncredited.
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