He says that his latest target, DST, fits those criteria.
Authorities in Washington, dc, are reportedly worried about DST's latest acquisition: ICQ, an instant-messaging service previously owned by AOL.However DST fares, it seems to attract copycats.
But Twitter at $10 billion looks like a sure thing compared to the latest investment made by DST– the firm who really started this whole wave with its initial Facebook deal in 2009.
And instead of going public, the best tech startups like Facebook, Zynga, and Groupn are getting early payouts for founders and employees via late-stage, private DST-type financings.
This latest round was led by DST Global, with participation also from Baillie Gifford, a fund managed by BlackRock, Sands Capital Ventures and Singapore's Temasek.
Unlike the other venture capital firms in this group, DST was a bit late to the party.
DST Global, Yuri Milner's late stage VC fund, took the lead on the purported $500 million financing round invested in Wish, the mobile shopping app, according to people familiar with the matter.
As NPR reported last month, the latest studies suggest that energy savings from DST amount to between.5% and 1.5%, or even a small loss.
Also Kantermann et al. noticed in their recent study that the timing of activity does not adjust to the DST imposition in spring, especially in late chronotypes [ 9].
DST started the trend of large late-stage investments, sometimes called growth capital.
