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Starting in the summer of 2009, Russian holding firm Digital Sky Technologies (DST) began taking huge stakes in successful American startups.
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O. of Digital Sky Technologies, a Moscow-based Internet investment company that has reportedly acquired a stake of nearly ten per cent in Facebook.
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But when he arrived in New York he found a car from Digital Sky Technologies, the Russian company, waiting for him at the airport.
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Investors: Digital Sky Technologies, Institutional Venture Partners, Andreessen Horovitz, Tiger Global.
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The firm, which changed its name from Digital Sky Technologies last month, owns about 2.5% of Facebook, with another 7.5% owned by its sister company DST Global.
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Founded in November 2008, Groupon has investments from venture capital firms such as Lightbank, Andreessen Horowitz and Battery Ventures, as well as Russian Internet investment firm Digital Sky Technologies.
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The new ICQ owner is Digital Sky Technologies (DST), a high-flying Russian Internet firm with investments in social networks (Facebook and Zynga, which makes games for SNS portals) and webmail.
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One big reason the price keeps going up is that Russian holding firm Digital Sky Technologies is hungrily scarfing up as much Facebook stock as it can from early investors and employees.
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