If I had enough money, I would gladly invest in Facebook and buy as many shares as I could. And taking the obvious step ahead, Russian Investment firm, DST is more that willing to put in more investment to raise its stake in the largest social network. This isn’t something new as the firm has been in news the whole of this year, making quite a lot of investments in Facebook.
DST yesterday invested a mighty $180 Million in Zynga, which powers the most famed games on Facebook, the most prominent being Farmville. The firm already has more than 5% stake in the social network and is already amassing more shares, without a stop in the future. Reports state that it is buying those shares much cheaper at $14.77 a share when others are paying $25 a share. The net value that Facebook has got from DST accounts for $500 Million, with majority of its transactions taking place amidst the firm and the employees of Facebook.
The investments, given the present predictions for Facebook, which puts the social network to bring $710 Million in revenue in 2010. That is just one aspect, the bait is definitely its explosive growth in the very recent and there is no stopping it. A look at the recent reports on the social network make it a dream investment for every firm out there, it’s like investing your cash value to buy gold. Then there are so many things you can invest in, within the social network. Like the applications it has on its platform to name one and as more users come in and developers seek to find more ways to utilize the social network, it will not only expand its user base but also open more investment opportunities for firms like DST.
Just to hat tip, if you are one of those having some shares of Facebook, you have DST waiting with one hand to take them and the other with the cash. Wonder if one would actually sell the shares they have.
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[...] the rest here: Russian Investment Firm, DST Is Under Facebook's Spell; Willing To … Categories: Investment Tags: dst, facebook, invest, Investment, obvious, obvious-step, russian, [...]
[...] names across the Web. DST has been very active in making huge funding in prominent names like the social media platform, Facebook and also in the largest social gaming platform; Zynga [the producer of Farmville and [...]