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Monday, December 21, 2009

Russian investment companies continue to acquire Facebook

IT news:

According to foreign media reports, the U.S. science and technology blog TechCrunch founder Michael Arrington (Michael Arrington) recently wrote that, according to information obtained from many different sources indicate that the Russian investment company Digital Sky Technologies (hereinafter referred to as "DST") is still from Facebook the hands of shareholders to buy shares directly, but also from the original purchase price per share rose to 14.77 U.S. dollars to 25 dollars. DST common stock in accordance with the current price terms, Facebook valuation has risen to about 11 billion U.S. dollars. In July this year it spent 100 million U.S. dollars from Facebook in the hands of current and former employees bought the company's shares of common stock at the time Facebook is valued at 6.5 billion, a share price of 14.77 U.S. dollars. DST has also invested to 200 million U.S. dollars to buy Facebook preferred stock in May this year, then valued at 100 billion U.S. dollars. Two transactions makes DST's ownership percentage in Facebook to 3.5%.

Facebook acquisition of preferred shares in the DST, had given a Facebook 100 million valuation. But then the company's preferred shares acquired, so with Facebook's common stock held by employees with great difference. Venture capital firm for innovative enterprises stock valuations tend to be lower than the ordinary shares held by employee stock option prices. DST common stock acquisition of Facebook, but the latest deal shows that, Facebook option price granted to employees has reached at least 25 dollars per share.

Earlier reports said that, DST on Facebook so far has reached 400 million U.S. dollars of investment, the proportion of shares held by Facebook more than 5%, which is Microsoft holding more than three times the proportion of the company stock held by Facebook ratio 1.6%.

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