Sun. Nov 24th, 2024
Investing Profile Yuri Milner

CURRENT INVESTING POSITION

DST Global Managing Partner

 

Yuri Milner was born in Moscow, Russia in 1961. He is a foreign businessman who has stakes in a variety of businesses, including Alibaba, Airbnb, and Spotify, to name a few.

Milner, who has a degree in Theoretical Physics, is also involved in research endeavors. The Breakthrough Listen project, developed and financed by Milner, is an innovative effort to detect extraterrestrial radio transmissions.

In 2012, he established the Fundamental Physics Prize, a three-million-dollar award for researchers in the discipline, and a year later, he collaborated with others, including Mark Zuckerberg, to establish the Breakthrough Prize in Life Sciences. This award provides three million dollars to researchers studying illnesses and how to extend human survival. Sequoia Capital India, Lightspeed India, Aarin Capital, Verlinvest, and the Chan Zuckerberg Initiative, founded by Facebook founder Mark Zuckerberg, were among the early investors in the nearly 10-year-old firm. Byju Raveendran founded the company in 2011, and in 2015, it released a K-12 learning app for students in grades 4 to 12. It has also expanded to include competitive test preparation programs such as JEE, NEET, and the IAS. The Learning App, the company’s flagship software, has over 64 million users and 3.5 million annual paying subscriptions.

 

NET WORTH

$3.5Billion USD

 

Freight and services are the primary focus areas. The World’s Largest Trucking Network Trucking Offline Operations Online

 

Individual Investing

49 investments have been made.

On November 8, 2019, they made their most recent acquisition, Series A – Lori Systems. Lori Systems received a $30 million investment from Yuri Milner.

 

Partner Investments

Number of Partner Investments 10

Announced Date  Organization Name  Investor Name  Lead Investor  Funding Round  Money Raised 
Oct 10, 2016 ofo

 

DST Global

 

Error! Filename not specified.

Series C – ofo

 

$130M
Sep 26, 2016 Flexport

 

DST Global

 

Error! Filename not specified.

Series B – Flexport

 

$65M
Jan 26, 2016 Cadre

 

Apoletto Managers

 

Error! Filename not specified.

Series B – Cadre

 

$50M
Sep 1, 2013 ByteDance

 

DST Global

 

Yes Error! Filename not specified.

Series B – ByteDance

 

Sep 22, 2011 Alibaba Group

 

DST Global

 

Yes Error! Filename not specified.

Private Equity Round – Alibaba Group

 

$1.6B
Aug 2, 2011 Twitter

 

DST Global

 

Yes Error! Filename not specified.

Series G – Twitter

 

$400M
Jul 25, 2011 Airbnb

 

DST Global

 

No Error! Filename not specified.

Series B – Airbnb

 

$112M
Jun 17, 2011 Spotify

 

DST Global

 

No Error! Filename not specified.

Series D – Spotify

 

$100M
Jan 21, 2011 Facebook

 

DST Global

 

Yes Error! Filename not specified.

Private Equity Round – Facebook

 

$1.5B
May 26, 2009 Facebook

 

DST Global

 

Yes

By james vines

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