Earlier quoted context omitted.
Amazing that people don't see this still. Kaspersky insists that his company has an exception, and it "doesn't work like that", but it's hard to believe. And if you're part of the US IC, it'd be malpractice to believe him.
The nature of the relationship is unknown. Even if Kaspersky is bought by Putin in some way, it’s not clear what the terms and expectations are. It does seem unlikely that the commercial offering is straight up spyware for putin—why would anyone buy it? So it’s a little silly to talk about the relationship as if its existence is meaningful when the degree of ownership is the real question.
Who cares if Putin personally calls the shots to the leaders of the company? There are a thousand shades of grey, for instance: Kaspersky knowledgeably allowing backdoors about which they could later feign ignorance.
I don’t trust US, Chinese, or Russian software. Big companies with access to sensitive data invariably become targets, and are only allowed to exist peacefully with the blessing of their masters.