"The Nebius Group is built on the foundation of Yandex N.V., following the divestment by Yandex N.V., a Dutch public company, of all of its Russian and Russia-related assets and subsidiaries (including, among others Yandex LLC and Yandex Technologies LLC). Nebius Group N.V. no longer owns any Russian legal entities."
Quick question. Have you looked into risk that this is a spinoff of russias state owned Yandex. As nothing in that country without supervision of the man in Kremlin and his surroundings, how would you consider the risks related to this fact? It's a russian company with CEO being russian. What happens when media attention comes to the realisation of this fact?
First of all, just because someone / a company is from Russia doesn't mean they are bad. That's a narrative the media wants you to believe, but in reality it's not true. Second, Nvidia and several very well known investors poured millions into this company understanding these risks. If people's negative bias towards Russia creates a lower valuation, that's a good thing.
According to the Nebius website:
"The Nebius Group is built on the foundation of Yandex N.V., following the divestment by Yandex N.V., a Dutch public company, of all of its Russian and Russia-related assets and subsidiaries (including, among others Yandex LLC and Yandex Technologies LLC). Nebius Group N.V. no longer owns any Russian legal entities."
Excellent work!!
Beautiful work guys!
Quick question. Have you looked into risk that this is a spinoff of russias state owned Yandex. As nothing in that country without supervision of the man in Kremlin and his surroundings, how would you consider the risks related to this fact? It's a russian company with CEO being russian. What happens when media attention comes to the realisation of this fact?
First of all, just because someone / a company is from Russia doesn't mean they are bad. That's a narrative the media wants you to believe, but in reality it's not true. Second, Nvidia and several very well known investors poured millions into this company understanding these risks. If people's negative bias towards Russia creates a lower valuation, that's a good thing.