U and Y. Investments in IT: Why Yukos is not Yandex and vice versa
Stumbled upon an interesting publication.
Donovan
I myself work in an IT company. Which - I will not say, but it is among the ten largest in Russia; our turnover is calculated in nine-digit numbers (of course, in dead raccoons). So, when they smashed Yukos, I just had a conversation with one of the main shareholders of our holding and asked him directly: “Vasya, aren't you scared? Tomorrow and you can come to you? ". The conversation took place at a private reception, the informal atmosphere tended to innocence.
“What are you saying,” he answered, pouring me the aroma of expensive cognac and Limited Edition cigars, “what can we get from us?” Removable office and transit warehouse, where we never hold more than a lemon. Well, will you select a company, and how will you manage it? Here the main thing is knowledge and people, and you cannot pump them out like oil. ” Time has shown that he was only partially correct. The year 2005 has come. A wave of confiscation of "smuggled" goods, primarily cell phones, swept across the country. This case was the most notable, because everyone knows about him. And about the result - a deficit and a rise in price of 20%, and about the subsequent resale through more “correct” companies, and finally, about Ustinov’s confession that the confiscated goods are being gradually stolen (“everything has already been stolen to us”) and so forth. But it was only the tip of the iceberg. Warehouses shook up all the major players; Our distributor arrested computer equipment for 10 million dollars, and, apparently, also with the ends. Many, of course, agreed, but, as they say, "the sediment remained." In our case, the vendor himself did not want to advertise (one of the world's “Microsoft, Dell, Intel, Cisco, IBM, Sun, HP, Xerox” - choose yourself). World companies, by the way, perfectly fit into our post-democratic Russian business overcoat colors, with European grace replacing the word “kickback” with a professional “bonus”. Still, IT companies left alone. I thought, why?
Our company, like many of this sector, has grown in a healthy competition environment. Its founders, simple students, in the 90s themselves assembled computers right on their knees, and from this point on, our growth trend could be compared with the exponent, if not with the factorial. The seizure of such a company would inevitably lead to a sharp decline, if not the death of the entire business, and why? For the organs, we were a chicken, which every year carries more large golden eggs - first chicken, then ostrich, and then dinosaur eggs.
')
That is why, through our fingers, we looked at the gray import schemes and offshore at various levels, which inevitably entangled business. It would seem that balance has come, everyone is happy. And yet the problem arose. The problem, so to speak, is in the goal of one’s own existence. In this scheme, relatively even sustainable, the main disadvantage is the impossibility for the owner to exit, sell the business, sell part of the business, sell at least one share. The owner is chained to his brainchild as an Austrian soldier of the First World War to his machine gun. It is impossible to sell an opaque company, that is, it is possible, but for too little money. It turns out a dilemma: either to disclose all the cards and all financial flows, giving themselves into slavery, or to sell "a removable office and transit warehouse." And yet, we are becoming whiter. That is why. Because there is no other way, because there are bonds, options for key employees and many other development tools that require a civilized business. In conclusion, returning to the topic of IT investment, I summarize: you can and should invest. But first you need to teach the state to respect private property. As soon as the stolen Yukos is returned, you can safely invest in Yandex.
All successful investment!
Source: www.finam.ru/analysis/newsitem22680/default.asp
Donovan
I myself work in an IT company. Which - I will not say, but it is among the ten largest in Russia; our turnover is calculated in nine-digit numbers (of course, in dead raccoons). So, when they smashed Yukos, I just had a conversation with one of the main shareholders of our holding and asked him directly: “Vasya, aren't you scared? Tomorrow and you can come to you? ". The conversation took place at a private reception, the informal atmosphere tended to innocence.
“What are you saying,” he answered, pouring me the aroma of expensive cognac and Limited Edition cigars, “what can we get from us?” Removable office and transit warehouse, where we never hold more than a lemon. Well, will you select a company, and how will you manage it? Here the main thing is knowledge and people, and you cannot pump them out like oil. ” Time has shown that he was only partially correct. The year 2005 has come. A wave of confiscation of "smuggled" goods, primarily cell phones, swept across the country. This case was the most notable, because everyone knows about him. And about the result - a deficit and a rise in price of 20%, and about the subsequent resale through more “correct” companies, and finally, about Ustinov’s confession that the confiscated goods are being gradually stolen (“everything has already been stolen to us”) and so forth. But it was only the tip of the iceberg. Warehouses shook up all the major players; Our distributor arrested computer equipment for 10 million dollars, and, apparently, also with the ends. Many, of course, agreed, but, as they say, "the sediment remained." In our case, the vendor himself did not want to advertise (one of the world's “Microsoft, Dell, Intel, Cisco, IBM, Sun, HP, Xerox” - choose yourself). World companies, by the way, perfectly fit into our post-democratic Russian business overcoat colors, with European grace replacing the word “kickback” with a professional “bonus”. Still, IT companies left alone. I thought, why?
Our company, like many of this sector, has grown in a healthy competition environment. Its founders, simple students, in the 90s themselves assembled computers right on their knees, and from this point on, our growth trend could be compared with the exponent, if not with the factorial. The seizure of such a company would inevitably lead to a sharp decline, if not the death of the entire business, and why? For the organs, we were a chicken, which every year carries more large golden eggs - first chicken, then ostrich, and then dinosaur eggs.
')
That is why, through our fingers, we looked at the gray import schemes and offshore at various levels, which inevitably entangled business. It would seem that balance has come, everyone is happy. And yet the problem arose. The problem, so to speak, is in the goal of one’s own existence. In this scheme, relatively even sustainable, the main disadvantage is the impossibility for the owner to exit, sell the business, sell part of the business, sell at least one share. The owner is chained to his brainchild as an Austrian soldier of the First World War to his machine gun. It is impossible to sell an opaque company, that is, it is possible, but for too little money. It turns out a dilemma: either to disclose all the cards and all financial flows, giving themselves into slavery, or to sell "a removable office and transit warehouse." And yet, we are becoming whiter. That is why. Because there is no other way, because there are bonds, options for key employees and many other development tools that require a civilized business. In conclusion, returning to the topic of IT investment, I summarize: you can and should invest. But first you need to teach the state to respect private property. As soon as the stolen Yukos is returned, you can safely invest in Yandex.
All successful investment!
Source: www.finam.ru/analysis/newsitem22680/default.asp
Source: https://habr.com/ru/post/8600/
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