In several comments he talks about Russians being victimized. He also states he'll be moving his company to a small Caribbean country, while he describes it as a “European medium size IT business”. So his company may be registered in Cyprus (and in the future, somewhere in the Caribbean), it's likely that that's not where the activity happens. (How large do you think the market for IT services is on Cyprus or on Caribbean islands? And if you had a medium size IT business, would you suddenly move all your employees to the other side of the globe, where you have no clients?)

So you seem to imply that all companies which are based on Silicon Valley have their clients in Valley?? Their are IT companies based in Cyprus which have clients all over Europe, and also Globally.

Many companies in Silicon Valley are registered in Delaware or Nevada, but its offices and employees are somewhere near San Jose. I'm implying this medium sized IT company is registered in Cyprus, but it has its offices or employees elsewhere. How else can OP speak so casually about moving his company to the other side of the globe?

No, He might not be Cypriot but he has his company based in Cyprus, that is why he is saying he will have to let go all his Cypriot employees.. When all your assets are taken away you don't have a choice but to run from that place and start somewhere else in hope it won't happen again. Like him many people have lost trust on EURO ZONE, and many businesses are trying to move out of the Euro Zone.