The globalization of Russian start-ups is growing, with at least 30 foreign venture capital funds actively looking at Russian opportunities. But despite this and government support for small, innovative businesses, Russian projects are not well represented abroad. What is preventing Russian start-ups from expanding into global markets in stronger numbers?
Entrepreneurs should be guided by the words of Ray Bradbury: “You've got to jump off cliffs all the time and build your wings on the way down.”
In terms of innovations, knowledge is more important than money.
When you’re sitting next to the people whose money you’ve taken, it adds a certain amount of discipline in terms of company management. This is a fact.