With a degree in law, Terentiev turned to literature and art around 1918, when he joined the group 41° founded by Ilya Zdanevich. He moved to Petrograd, where he worked with Malevich at the Museum of Art Culture. In the early 20s he started to produce some theatre works, such as John Reed, and later with the Theatre of House of Press. He moved to Odessa and staged plays for the Theatre of Russian Drama and the Ukranian Youth Theatre.
After his arrest in 1931, he started to film the movie Rebellion of Stones, but the project remained unfinished and he ended up working on the Moscow-Volga channel, whose construction was documented by Rodchenko. He was arrested and sentenced in 1937.