Why Is a Russian Billionaire Gobbling Up the Internet? - Business - The Atlantic

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In just five years, a Russian venture capital firm has amassed quite a portfolio of the Internet's hottest companies.

Digital Sky Technologies said this week it is taking the ICQ instant messaging service off of AOL's hands for $187.5 million, but it isn't the first time the small, four-partner firm has made social media headlines. Last May, DST bought a $300 million stake in Facebook. The company was also the key investor when social game maker Zynga raised $180 million in December and social coupon site Groupon raised $135 million this month.

Posted via web from Vancouver Internet Marketing Consultant - Brent Purves

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