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Pretty amazing, DST's $200M @ $10B valuation came 20 months after the AllThingsD article. From http://techcrunch.com/2009/05/26/mark-zuckerberg-and-yuri-milner
by jonmc12 11y ago
Pretty amazing, DST's $200M @ $10B valuation came 20 months after the AllThingsD article. From http://techcrunch.com/2009/05/26/mark-zuckerberg-and-yuri-milner-talk-about-facebooks-new-investment-video/ http://techcrunch.com/2009/05/26/mark-zuckerberg-and-yuri-mi... - 'just doing our math':
"MA: You’re comfortable with the $10B valuation?
YM: Absolutely. And, you know, I can repeat the reasons why. Basically, I think they have a very unique perspective on social network monetization, that other investors don’t necessarily see. You see how social networks have been monetized in our part of the world, and we’re just doing our math and coming up with numbers that we feel very comfortable with going forward. We don’t really value this business on (fee?) basis 2009 but rather on a longer term, based again on our experience, and we’re very confident that, you know, those numbers can be achieved."