Serge Faguet, a Ukraine-born tech entrepreneur who studied at Stanford and co-founded Russian booking service Ostrovok.ru in the early 2010s, made a public confession last week in a Medium post.
In the summer of last year, a Russian customs agent at the Moscow airport found five tabs of acid — in addition to a US-physician-prescribed capsule of amphetamine salts — in Faguet’s luggage. This was enough to accuse him of “theft or extortion of narcotic drugs or psychotropic substances.”
In his post, the businessman describes his months in a Russian prison, where he “felt like Burning Man.” He tells how he still managed to recruit and fundraise for a new startup while being in jail, and shares the “surprisingly many lessons” for entrepreneurial leadership that came out of this experience.
How a Ukrainian tech entrepreneur created a startup from a Russian prisonRead More
