May 31, 2009

Facebook has raised $200 from Russian investor DST

Digital Sky Technologies has invested $200 million in Facebook at a $10 billion post-money valuation and is offering to buy $100 million worth of stock from current and former Facebook employees. An interesting interview with Mark Zuckerberg and DST CEO Yuri Milner about the deal and the business of social networking.

Some additional thoughts about how Facebook can increase its revenues by Niki Scevak/Bronte Media.

Facebook is starting to roll-out Facebook Payments, which makes a lot of sense for a platform company, but it is worth noting that they choose a 'lite version' credits denominated system.

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