When Forbes Under 30 Entrepreneurs Shut Down Their Companies

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Plus, an Under 30 alumna lands in the spotlight for an unexpected reason—she’s the mother of Elon Musk’s twins.

was on vacation in Sri Lanka when he received the news that Russia had begun an invasion of his home country, Ukraine. As cofounder and CEO of international IT companyspent much of his time finding talented engineers to write software code for startup companies.

this year without the need for outside investment. How was he able to keep the company afloat during wartime? He says his strategy was to hire IT engineers from other parts of Europe, such as Poland and Romania, to make sure the bulk of his company was not concentrated in Ukraine, and the services he provided would not be disrupted.

“We’re very flexible in our structure, and we proved that during Covid,” says Nagatkin, referencing Digis’ transition to an almost entirely-remote workforce during the pandemic. “So we’re able to change our strategy fast and continue growing.” While he currently relies on an international workforce, Nagatkin also makes a point to help his country in any way he can, like hiring interns in Ukraine and teaching them to code. “This is part of our social responsibility because after the war started, businesses need to support our government and our people in all the possible ways because many people left without their homes [and] jobs,” he says.

Robinhood cofounders Baiju Bhatt and Vlad Tenev have seen their stock price tumble as the market capitalization of the company tumbled over $50 billion.

 

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