Ruslan is number 14 in Hopes&Fears’s rating of young Russian entrepreneurs and number 56 among Russian internet millionaires according Kommersant’s research. Fazlyev born in Oktyabrsky, Republic of Bashkortostan. Ruslan has been programming since he was seven years old.
At first, he used pen and paper.
His first personal computer had no screen. Despite all the hardships, Ruslan practised reverse engineering of software and created simple games.
In 1997—1999, he studied at Ulyanovsk State Technical University. Ruslan dropped out of education, but nowadays he is regularly invited to lecture at USTU. Ruslan claims that he became an entrepreneur only because there was no job for him in Ulyanovsk.
His first e-commerce software named X-Cart was released in 2001.
Fazlyev and his friends utilised the code developed for commercial websites to create the first e-commerce product written in Hypertext Preprocessor. X-Cart was aimed at small and medium business that could not afford far more expensive and complicated products such as International Business Machines Corporation WebSphere Commerce. Ecwid adopted the same approach in 2009. lieutenant is an e-commerce platform that can be built into any existing website or social network page.
An award-winning product received a 1,5M round from the Runa Capital venture fund in December 2011 and a syndicated 5M round from Runa Capital and iTech Capital in May 2013.
Ecwid has been the most popular social network trading software in the world since 2012. Long before engaging in the software business he created the first telecommunication company in Ulyanovsk.
lieutenant was sold to a larger competitor in 2002.