Founder Nate Anderson Announces Disbandment of Hindenburg Research
Click to start listening
Synopsis
Nate Anderson, the founder of Hindenburg Research, announced the firm's disbandment, citing no specific threats or issues. He plans to support his team's transition and intends to open-source their investigative model.
Key Takeaways
- Nate Anderson announces the end of Hindenburg Research.
- The decision was not due to any specific threat.
- Anderson plans to support team transitions.
- He aims to open-source their investigative methods.
- Hindenburg's allegations in India were deemed trivial.
New Delhi, Jan 16 (NationPress) Hindenburg Research founder Nate Anderson has declared the disbandment of the short-selling firm, stating there is no singular issue — “no specific threat, no health problem, and no major personal concern”.
The firm has targeted numerous high-profile corporate leaders globally, including in India, often acting on behalf of vested interests to instigate economic instability.
In a letter shared on his website, Anderson mentioned that the intensity and focus on Hindenburg has led him to overlook many aspects of the world and the people he values. He now perceives Hindenburg as a chapter in his life rather than a defining element.
“As I’ve communicated with my family, friends, and our team since late last year, I have decided to dissolve Hindenburg Research. The strategy has been to conclude our ongoing projects, and with the completion of the recent Ponzi cases we are reporting to regulators, that moment has arrived,” he stated.
Anderson also added that for the time being, “I will prioritize ensuring that every member of our team transitions to their desired next steps”.
“Some will launch their own research firms, which I will wholeheartedly support, although I will not be personally involved. Others on our team are now independent, so feel free to contact me if you are looking for talented, focused, and cooperative professionals,” he advised.
In the coming six months, Anderson intends to create a variety of materials and videos to “open-source every element of our model and how we conduct our investigations”.
In India, the allegations made by Hindenburg against corporate leaders were dismissed as not only trivial but also cheap theatrics.
