If they've good hackers in abundance then why there are no emerging startups? Don't they look at the business side of technology ;)
Just curious? Can anyone share some insights about startup scene in Russia?
There are also a number of startup-style conferences in Moscow, the next one being RIT: Russian Internet Technologies: http://rit2008.ru/ (all in Russian, ha ha, because that's their core market)
MS and Intel are scouting Russian hackers and startups with the intent of supporting the startup culture as well: http://www.moscowtimes.ru/stories/2008/03/14/043.html
Then there are startups you probably know about, like Art Lebedev: http://www.artlebedev.com/everything/optimus Most of their startups target the Russian market, for example, Google is in 2nd place among Russian search engines, trailing yandex.ru.