A couple of days ago, we wrote that Russian venture capital firm Digital Sky Technologies (DST) had invested around 180 million dollars in Zynga, the company behind popular Facebook games such as FarmVille and Mafia Wars.
The same group already invested $200 million in Facebook back in spring, which got them a 1.96 percent stake in the company, and now they’ve purchased another $200 million in common shares from Facebook’s (
) employees.
According to Russian newspaper Kommersant, DST bought the shares at $14.77 per share; altogether, this investment got them another 3 percent stake, which brings the total to around 5 percent.
Comparing this to the first time DST invested in Facebook, it sounds like a pretty good deal. Back at the time, many were speculating that Facebook’s 15 billion dollar valuation was nothing but hot air and that the social network was actually worth two or three billion dollars. In the meantime, the economic situation has gotten better, Facebook has amassed another 150 million users and it finally started earning money. DST is serious about Facebook, and if the optimistic revenue predictions for 2010 and beyond come true, the price they paid for their stake might turn out to be quite cheap.
