DST Now Owns 10 Percent Of Facebook

After purchasing close to 2 percent of Facebook almost a year ago, DST, the Russian investment firm which has become one of the most dominant players in the internet startup space, has increased its stake in Facebook to 10 percent. Through an employee stock purchase agreement and the purchase of stock in private markets, DST has effectively become a Facebook fund.

While Facebook stock liquidity has decreased in recent months due to reported employee stock sale restrictions, the stock has continued to soar in price, already providing DST with a health profit.