On the highway without a map: building a tech startup in Putin’s Russia

By Jason Bush MOSCOW (Reuters) – WayRay has everything you might expect from a Silicon Valley start-up: a high tech product it says can change the world and a business plan that foresees growing from zero to a billion dollars, roughly by its founder's 30th birthday. "In three years we will be for sure a billion-dollar company," Two-year-old founder Vitaly Ponomarev says with an effortless cockiness that sounds more at home in Northern California than the Russian capital. President Vladimir Putin says cultivating high technology is a central goal for Russia, to diversify the economy away from commodity exports and create world beating companies from the talented workforce that once put the first man in space.

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