Digital Sky Technologies has decided to pay a hefty $200m to get even less than percent of the social networking site Facbook. TechCrucnh has just given details of a newly released exclusives video about Facebook’s new investment talk between Yuri Milner and Mark Zuckerberg. Let’s find out what they say about this new venture.

Facebook owner, Zuckerberg has said previously that they were looking to rise further, but at the valuation of only $15b. However, right now the have succeeded to increase nearly $10b and they are still saying that their profits are on the rise and don’t want it right now. The issue was again discussed in the interview, but again there was an evasive answer.

Milner, the owner of Digital Sky Technologies, has appeared as quite a colorful character in the interview. He was the first Russian who did an American MBA in 1992. He had some investment banking jobs offers in the US, but the preferred to return his country to make the most of the developing free markets.

Milner owned Digital Sky Technology has also made investment in Mail.ru that is considered Russian Yahoo and the company also has stake in Vkontakte.ru that has emerged as the biggest social networking site in Russia with more than 34m users. There is a great similarity between Facebook and Vkontakte.

Facebook owner Mark Zuckerberg says about the investment that many people are asking about the details and about our platform strategy, as they want to know the way system is evolving in a more open and clearer way.

Source: techcrunch

Related posts brought to you by Yet Another Related Posts Plugin.