Entrepreneur Crowned as GQ Russia's Man of the Year
Still don't believe entrepreneurship is sexy? Maybe you should ask the folks at GQ Russia, who just selected a serial entrepreneur as their Man of the Year.
Arkady Volozh, founder and CEO of Russia's largest search engine, Yandex, scored a major win for the start-up world by claiming both the publication’s Businessman of the Year award and its prized Man of the Year award. Striking a rather dapper pose for the magazine’s cover, Volozh joins a club of GQ cover boys that includes Ryan Gosling and Tom Cruise, according to TechCrunch.
Volozh is a serial entrepreneur who has founded multiple technology start-ups over more than two decades, according to CrunchBase. He ran telecom and network distribution company CompTek International as CEO up until 2000, when he took the CEO job at Yandex. TechCrunch notes that the company's search market share is around 60% in Russia--very close to what Google pulls in the U.S.
And Volozh has had quite a year. Facebook purchased Yandex-backed Face.com, a facial recognition start-up, for an undisclosed amount back in June, according to Bloomberg. Yandex’s stock price has gained 24% this year, Barron's notes.
Now Yandex is powering Apple’s mapping service on iOS 6 (though that might be more of a loss than a win), according to TechCrunch, and is rumored to become the default search engine on Safari’s mobile version.
Sorry, Mikhail Prokhorov--maybe your time will come next year.