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by the-lazy-guy 1510 days ago
1. Fair point. I did think about that later. Anyway, the only veto power the "golden share" has, is about transfer of ownership.

2. You are talking abut PIF board. I am talking about Yandex board. 2 of 12 Yandex board members are appointed by PIF.

3. Are you located in Russia or know people or organizations located in Russia who openly stated their anti-war statement while still being in the Country? I personally know a couple of people who have to spend a few years in prison now. Not much fun. I know a lot of people who moved away and stated their position openly, knowing that they can't be reached now. Yandex is obviously not in that position.

> They were trying to do it as part of Yandex Group. So no, they was not trying to 'migrate from Russia', they was trying to find new markets, like they was trying do search in Turkey at 2010.

They did. And 60% of revenue (in Russia) is coming from the services which were trying to expand abroad. As well as they started relocating employees in offices in other countries. If Yandex had any real business outside of Russia (which it finally had a chance to have) then it would have been a lot more willing to stand openly against this stupid shit.

> if 20k stopped to worry about have 0 ability to buy new iPhone and millions of people service disrupted may be we saw not 4k people on the streets of Moscow but 100k-200k and then we could talk with government.

We saw 100k people in 2011, nothing really changed. And that is when we had way milder police force. Right now, we gonna have more people in prisons when they try to come out to protest. _If_ they come out, because if I learned something, is that a lot of Russian people would say "OK, fine, fuck those rich software engineering bastards, we used to live without hot water, we can live without a few internet websites" (and go use competing services)

Also you missed the part where I talked about obligations to shareholders. I doubt most of them are willing to lose all they have invested. And CEO is kind of supposed to act in their interests.

> They are currently sold Yandex news to VK group, but basically they are telling look we are showing not Yandex news, but VK-news on our main page - we have no power over there. Disgusting.

I am not sure that this is the plan, they haven't yet sold anything yet, so we don't know what will happen once they do. I doubt that they will do that (VK group is a direct competitor, and news will still be perceieved as part of Yandex if they are show there). I don't want to speculate further until we see what happens.

I am probably as much unhappy about what is happening as you are. But I do think that Yandex was a net-positive for Russia, and the mistakes that they've made (by not closing news) are bad but they wouldn't have changed anything in the course of history.

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