Hunh:
A Russian Internet investment firm has invested $200 million in Facebook, giving the social networking company a cash buffer during the recession and pegging its value at $10 billion.Digital Sky Technologies, which has invested in leading Russian web properties like Mail.ru and Vkontakte.ru, will take a nearly 2 percent stake in Facebook in exchange for preferred stock, the two companies said on Tuesday.
…Digital Sky won because its founders Yuri Milner and Gregory Finger have strong experience running Internet properties in Eastern Europe and Russia, and “a deep, advanced understanding” of social networking technology, Zuckerberg said.
“Ultimately (it was) this deal and my comfort with Yuri and the team,” said Zuckerberg, 25, who founded Facebook in a Harvard University dorm room five years ago.
My immediate thoughts were that Yuri and Gregory must simply be frontmen for Hubertus Bigend, but that’s probably not right. Tumblr is much more Blue Ant’s speed.
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