Alexander Tamas (DST): hard to deal with stereotypes about Russians
The recent actions of Digital Sky Technologies (the redemption of Mail.ru balances from Naspers for $ 388 million) have again attracted the attention of Western journalists to the Russian investment fund. This is not surprising: after consolidating almost 100% of Mail.ru shares in its ownership, as well as shares in Vkontakte, Odnoklassniki, Facebook, ICQ, Groupon, Zynga and other projects, DST capitalization may soon reach $ 4 billion . According to his own estimates of DST, the company controls sites that create 70% of page impressions on the Runet .
Yesterday, the online publication All Things Digital (ATD, part of The Wall Street Journal), published an interview with Alexander Tamas, one of the DST partners.
Alexander Tamas was invited to DST two years ago to manage foreign assets. Prior to that, he worked in the investment banking division of Goldman Sachs, where he oversaw IT companies.
Analysts suggest that DST consolidates assets for a reason. The company is preparing to offer Western investors "Runet in a beautiful wrapper", that is, to conduct an initial public offering on the London Stock Exchange. If so, then it is likely that Alexander Tamas (and Goldman Sachs company) will be engaged in this.
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It should be added that the interview for ATD was organized by Kara Swisher - the same journalist who dismissed rumors in February 2010 that Yandex was claiming to buy ICQ. These assumptions of Kara were instantly replicated by hundreds of media outlets and made her famous.
When asked by Cara Swisher, why DST buys foreign assets, Alexander Tamas explained that shares in Facebook and other American projects are needed “to expand the core business in Russia”. Mr Tamas also said that DST is committed to full 100% control over its Russian portfolio.
DST plans to invest in other social sites that have the potential for exponential growth. In addition to US investors look at assets in Asia and Europe.
According to Alexaenendra Tamas, investments in Facebook, Groupon and Zynga attracted unhealthy attention of the Western public to DST, which constantly asks questions about the origin of money, indicates a connection with Russian oligarchs. Even the recent analytical report Merrill Lynch on the Naspers-DST deal mentions the risks involved, saying that the expansion of DST assets may attract the attention of the Russian government, which is able to intervene in business, as is known from the example of Yandex . That is, Russia-specific risks in this area exist, which may adversely affect the value of DST shares in the event of a future IPO.
Yesterday, the online publication All Things Digital (ATD, part of The Wall Street Journal), published an interview with Alexander Tamas, one of the DST partners.
Alexander Tamas was invited to DST two years ago to manage foreign assets. Prior to that, he worked in the investment banking division of Goldman Sachs, where he oversaw IT companies.Analysts suggest that DST consolidates assets for a reason. The company is preparing to offer Western investors "Runet in a beautiful wrapper", that is, to conduct an initial public offering on the London Stock Exchange. If so, then it is likely that Alexander Tamas (and Goldman Sachs company) will be engaged in this.
')
It should be added that the interview for ATD was organized by Kara Swisher - the same journalist who dismissed rumors in February 2010 that Yandex was claiming to buy ICQ. These assumptions of Kara were instantly replicated by hundreds of media outlets and made her famous.
When asked by Cara Swisher, why DST buys foreign assets, Alexander Tamas explained that shares in Facebook and other American projects are needed “to expand the core business in Russia”. Mr Tamas also said that DST is committed to full 100% control over its Russian portfolio.
DST plans to invest in other social sites that have the potential for exponential growth. In addition to US investors look at assets in Asia and Europe.
According to Alexaenendra Tamas, investments in Facebook, Groupon and Zynga attracted unhealthy attention of the Western public to DST, which constantly asks questions about the origin of money, indicates a connection with Russian oligarchs. Even the recent analytical report Merrill Lynch on the Naspers-DST deal mentions the risks involved, saying that the expansion of DST assets may attract the attention of the Russian government, which is able to intervene in business, as is known from the example of Yandex . That is, Russia-specific risks in this area exist, which may adversely affect the value of DST shares in the event of a future IPO.
Source: https://habr.com/ru/post/99578/
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