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I'm developer and CTO in Iran companies these days software industry grow fast in Iran, maybe because of dollar rate or progress of removing sanctions Many inv
by efazati 9y ago
I'm developer and CTO in Iran companies
these days software industry grow fast in Iran, maybe because of dollar rate or progress of removing sanctions
Many investor and global companies try to come to Iran and i think every day software industry going bigger
- shadowtree 9y agoTrue, but careful. US sanctions still apply, which essentially blocks a major business and money pipe. Includes EU firms, as they need to be able to trade with US. Also means you can’t partner or sell to US software cos, so no exit strategy. One of a few countries affected: Cuba, Iran, North Korea, Sudan, Syria, and the region of Crimea. Rule of thumb: if Salesforce.com is not available, something is not right.
- efazati 9y agothats correct but because of these sanction level, the market of Iran still named as blue ocean I think with little risk every body can get more benefit specially Investors
- BrandoElFollito 9y agoThis, and the fact that many companies are watching US closely to avoid collateral damage. European banks are an example: they are theorically independent, yet they fear an American slash back on their US operations in case they would go to Iran on their own. Nobody wants to be the new Societe Generale.