31 posts and columns on Digital Sky Technologies
News Byte360buy.com has raised a massive round of funding from Russian Internet investment group Digital Sky Technologies, known for investing in Groupon and Facebook. DST contributed $500 million of the $1.5 billion round, Reuters reports. The company, which is preparing for an IPO in 2013, previously raised funding from Wal-Mart Stores.
Apparently some folks wanted extra cash to buy ultra-deluxe Christmas gifts last year. Current employees of private companies made up the largest single portion of stock sellers on SecondMarket in December, a huge leap from prior months.