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Belarus, Once a Startups Magnet, Faces a Tech Exodus – Wall Street Journal


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Belarus, Once a Startups Magnet, Faces a Tech Exodus – Wall Street Journal

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…

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.

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