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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSo, would you be surprised to learn about Facebook's Russia ties??
RUSSIAN INVESTMENT, 2009:
Facebook Takes That $200 Million Investment From The Russians At A $10 Billion Valuation.
https://techcrunch.com/2009/05/26/facebook-takes-that-200-million-investment-from-the-russians-at-a-10-billion-valuation/amp/
Russians Spend Big for a Piece of Facebook
By CLAIRE CAIN MILLERMAY 26, 2009 https://mobile.nytimes.com/2009/05/27/technology/internet/27facebook.html
A Russian investment firm, Digital Sky Technologies, has invested $200 million in the social networking company Facebook in return for a 1.96 percent stake, the two companies said Tuesday.
The investment values Facebooks preferred stock at $10 billion, a $5 billion drop from October 2007 when Microsoft paid $240 million for a 1.6 percent stake. With the latest round of financing, Facebook has raised about $600 million since it was founded in 2004.
Mark E. Zuckerberg, Facebooks founder and chief, said that the Microsoft investment was made at the absolute peak of the market and that it was a part of Facebooks partnership with Microsoft, which includes advertising and search agreements.
Relative to the economic conditions for when the Microsoft deal happened and that being more of a strategic partnership than a straight financial investment, we feel really good about the progress weve made, Mr. Zuckerberg said in a conference call with reporters.
MORE AT LINK
Russians Large Stake in Facebook Grows Larger
BY ANDREW E. KRAMER JANUARY 3, 2011
https://dealbook.nytimes.com/2011/01/03/russians-large-stake-in-facebook-grows-larger/
THU MAY 17, 2012 / 4:24 PM EDT
Facebook bet pays off for Russia's Usmanov https://mobile.reuters.com/article/amp/idUSBRE84G1BM20120517
dalton99a
(81,065 posts)Twitter confirms 'significant' round of funding led by Russian investment company
Twitter has confirmed it has received significant funding from Yuri Milners DST Global.
By Amanda Andrews, Media Editor
8:02PM BST 01 Aug 2011