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And Groupon Makes Three. What’s Russian Firm DST’s Secret Sauce?

28 pointsby soundabout 15 years ago

3 comments

vakselabout 15 years ago
from what a few people posted in other threads, DST is basically a way for some shady russian outfits to launder money.<p>That's the reason they don't mind overpaying a lot for their investments<p>Just read up on the guy who owns 32% of DST: <a href="http://en.wikipedia.org/wiki/Alisher_Usmanov#Legal_action_over_criminal_conviction_and_pardon" rel="nofollow">http://en.wikipedia.org/wiki/Alisher_Usmanov#Legal_action_ov...</a>
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waxmanabout 15 years ago
shady oligarchy money. that's their secret sauce.
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sjasminabout 15 years ago
I bet they announce a deal with foursquare pretty soon too. Just goes to show you have to be in it to win it. I realize they are overpaying for these opportunities, but this trend of what I call, private IPO's, seems to be the new hot thing and DST is going to run the table while everyone else catches on. I personally think they will be successful so long as they diversify their risk enough.