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by nogenhat 1503 days ago
//. Founders were forced to sell the company under pressure exactly because the government intended to get control over the most important social network, which it did not have.// Lol, I assume you didn't believe the 'story' that Pasha was forced to sell his company?

//It is a typical success story of an online retail business. It actually does not show anything that could be even slightly resemble affiliation with Putin and his inner circle. I know other relatively big companies which had similar growth trajectory and are still controlled by their founders.//

In Russia? really? show me them. For now, I think you are really trying to look fav into Russian biz-scene, but that's not the case for the last 9 years. You either work with gov or you f-ked. That the rule here. Last example is Tinkoff, who at the beginning of his bank licked Putin ass as hard as he could, but now was forced to sell )

1 comments

>In Russia? really? show me them

I will not give you a name, but this is a large online DYI retailer with over $0.5B in revenue. I know execs from there personally.

>For now, I think you are really trying to look fav into Russian biz-scene, but that's not the case for the last 9 years.

You probably forgot that we were talking about 2000s, not 2010s. Until 3rd term of Putin relationship of business and siloviki was usually transactional, but the economy was booming and the pie was big enough that some of the businesses were operating unnoticed. After events of 2012-2014 many things changed, but the climate was still tolerable - new companies were starting (e.g. Miro - it's great that they relocated early), there was visible progress in quality of life in big cities etc. 24.02.2022 changed everything.