Type to search

FinTech Tech

Belarus, Once a Startups Magnet, Faces a Tech Exodus

Share
Belarus, Once a Startups Magnet, Faces a Tech Exodus

In recent years, cheap labor and political stability had made Belarus an unlikely magnet for startups from Silicon Valley and Europe, providing a rare bright spot in an economy still dominated by Soviet-era heavy industry and collective farms.

But a violent crackdown on protesters demanding an end to President Alexander Lukashenko’s 26 years in power is now threatening the future of Minsk’s vibrant tech sector.

Security…

Source link

Tags:

Leave a Comment