Alexander Nevsky was Anton Vanko's up-and-coming protege, with a greatly admired and respected scientific genius. However, his promising career was ruined when the Soviet government discredited Vanko after he fled to the West. Sent into exile for his association with the turncoat, Nevsky grew to hate the Soviet Union as well as Iron Man for besting Vanko. Nevsky also sought vengeance against Tony Stark, whom Nevsky felt exploited Vanko under the American capitalist system (not knowing that Stark and Iron Man are the same person). Disguised as brilliant new scientist Alex Niven behind Cord Industries, he planned to help the struggling competitor beat out Stark Industries in the marketplace. From there, Nevsky used a new and improved Crimson Dynamo armor and bested Iron Man. Finally, he worked towards undermining Tony Stark by romancing Janice Cord, Stark's girlfriend at the time and a relative of Cord Industries's CEO Edwin Cord.