

Putin’s kleptocracy didn’t succeed (never had the intention either, as for any kleptocracy) in creating or facilitating of any high tech company with a global reach - like IBM, Apple, Intel, Microsoft, Amazon etc.
Instead, Putin has been smashing businesses: Yukos (an independent oil company, though) or, more recently, effectively expropriated Yandex or VK. The founders of these businesses had to leave (flee) the country too.


That’s how they tried “fixing things” in the post tzar Russia (and got themselves the USSR). The “communism” has never really worked anywhere.
I’m sure there are many more examples of “let’s eat the rich”/“kill all the wrong ones” - getting all f. up.