On April 23, Armenian PM Serzh Sargsyan resigned after days of mass protests. He was a President for the last ten years and tried to continue to rule his country as a Prime Minister after the constitutional amendments. Some commentators rushed to express their satisfaction and evaluated the resignation of Sargsyan as a triumph of democracy. Yes, in fact, the broken promises, endemic corruption, and the widening gap between the country's haves and the have-nots played a significant role in bursting anger of masses against Sargsyan. At the same time, the view of the events only through the perspective of democracy and will of people ignoring complex dynamics of power-politics inside the political elite, the oligarchic groups and regional politics prior and during Sargsyan's resignation is very simplistic and half-finished approach.