Western Startups Doing Business in Russia Grapple With Future

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Startups based in the U.S. and Europe with employees and customers in Russia are facing a choice—get out completely or try to preserve a future in the country

For some private technology companies, the decline of the ruble, Western sanctions or moral objections to the invasion of Ukraine are pushing them to leave Russia.

Others expect to maintain a base in Russia while diversifying into other markets. Aside from their business plans, startups are helping employees in the country who are facing a growing economic crisis.

 

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