I sympathise with Namecheap's CEO, and had I been anything more than a grad student, I'd have done similar.
Go on their website, they operate in 4 countries.
US: 40 people
Portugal: 70 people
Ukraine: 1700 people
India: 70 people
Classic American company delocalizing everything and now crying because all the engineering is based in Ukraine.
You put all the eggs in one basket and now you complain that they broke? Ukraine is in a conflict with Russia not from yesterday, it has been years from the Crimea case.
The CEO of this company never had a thought about de-risking his over reliance on Ukrainian talent to run his company? Or was just too cheap to keep the location there and pocket the difference in added value created by these talents?
From a business and operational point of view is just a silly move to have your business in one country, especially when you claim to be a "US business"
To me look like that of US here you've only a pool of directors, is more a Ukrainian company to me. Many Ukrainian companies have been hit as well, but they're not multinational businesses and don't use HN to voice their concern.
Don't get me wrong, I'm not justifying the war or anything. But from a business point of view, if I were the CEO I would've opened another office somewhere else and transfer know how from the Ukraine branch given that the situation with Russia has been tense for a decade now.
I hope this explains it
It's not surprising that wars cause fractures in international dealings. That seems like the exact kind of thing they would bring. The problem is the war itself, not that every participant of the international economy isn't a perfectly-neutral profit generator.
I can see why someone might want to run their own business as a perfectly-neutral profit generator but I can't imagine others faulting someone else for not doing so.
If 100% of your business is based in a country that has been threatened to be invaded many times and also had been attacked 8 years ago and you still think is ok go have 100% of your engineering and core business there then is your problem.
You don't know what Risk management? Business continuity?
Is the same reason why you don't deploy your DB in one PC in your basement and hope that nothing happened. If you get flooded and you didn't have a plan to recover is your sole responsibility.
The same goes business wise
To me the move is like: "well now I've no way to do by business because my engineering and the core team is under bomb shelter, so lets ban the Russian customers because I'm pissed"
They can do that if they're happy with it, I'm with you on this.
A lot of people are making assumptions about this being a purely PR "woke" move of some kind, ignoring this: https://www.namecheap.com/careers/ukraine
Seems pretty personal to me. If I or my people were actively being bombed by an invading force, I'd take it personally, too. And then I'd take action about it.