Pavel Durov
๐ค SpeakerAppearances Over Time
Podcast Appearances
which lasted forever and was gradually sucking blood of his team and his company, constant interrogations, disclosure requests.
And you know, this is a young company.
It significantly increases the level of stress.
And at some point, I think the pressure was too much.
He decided to, I'm going to just sell it.
Eventually, it turned out that there was no issue.
The investigation ended, as far as I understand, with no charges.
But such investigations, they have a price, they have a cost.
And unless the society realizes the cost of projects, of companies, of startups that are never created or are sold to the United States at the very early stage or other countries,
resulting in decreased economic growth.
I think we just talked to a guy a few days ago who left France and started a business here in Dubai.
And one of the reasons he had to leave France is that the government started an investigation on his company and they frozen his bank accounts.
And this investigation
that involved taxes lasted for many, many years.
I believe he said eight years.
And at the end of these eight years, the government reached to the conclusion that there was nothing wrong.
He's good.
It's okay.
In the meantime, his corporate bank accounts were frozen.
The only reason why he was able