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by atlasunshrugged 1596 days ago
Asking here in case others find it interesting. Can you share more about your experiences building in Russia, especially more unique challenges you faced (e.g. harder to literally get funds from foreign clients, regulatory environment, etc.). Are there things solved there that you are shocked you haven't seen elsewhere? What is your feeling about the current buildup of troops around Ukraine & what do Russian friends/family/colleagues feel about it?
2 comments

Tangentially you often fall into needing dual compliance with the rest of Europe and then Russia having their own systems/regulations in place.

From my past life in automotive we had a huge nightmare certifying cars to have European E-call which runs on GPS AND the Russian equivalent that runs on GLONASS.

https://europa.eu/youreurope/citizens/travel/security-and-em...

https://en.m.wikipedia.org/wiki/GLONASS

That's a difficult question - i don't have experience outside of Russia so no idea what is unique and what isn't.

It is harder to get funds from foreign clients, primarily because customers are wary of paying money to a russian company (because of hackers and scammers, i think). But you can solve it by registering a US company.

There is a "local market" trap: Russian market is obviously smaller than US one, but still large enough to be considered as a viable single option. That's why many russian companies go solely for the russian market, and that's why companies from Belarus or Ukraine (where local market is not large enough) are often focused on US/Europe from the start.

As for the recent events, I am not a fan, and hope that the situation resolves peacefully.