Facebook is just the first step, say Russians
The Russian investment vehicle that bought a $200m stake in Facebook last year is preparing to buy stakes in dozens of well-known internet companies as Russia turns to the internet to lead its future prosperity. By Rupert Neate telegraph.co.uk Yuri Milner, chief executive of Digital Sky Technologies Photo: Getty Images Digital Sky Technologies (DST) has already invested $1bn (£693m) buying up stakes in web companies including Zynga, the makers of the popular online social game FarmVille, and acquiring AOL’s messenger service, ICQ, for $188m. Yuri Milner, chief executive, said: “There are a few dozen companies globally that we are following. … Continue reading Facebook is just the first step, say Russians
