Dmitry Grishin: From Molotok to a $1 Billion Deal with Amazon
Former Mail.Ru CEO Dmitry Grishin became the luckiest Russian investor of the week. The startup Ring, in which his fund Grishin Robotics invested in 2016, was bought by Amazon — according to various estimates , for $1.1-1.8 billion. Grishin invested $10-15 million in Ring at a valuation of $200-300 million and could have earned $50-90 million on the deal. We have collected the main information about Grishin and his fund (you can read more about Ring and why Amazon needed it here ).