DST Global

“Yeah, I think most investments that you make in the space, they look expensive on the day you're investing, because you're investing so much for the projected growth.”

“And we have a few companies in the portfolio, which were given as late stage investments We never announced them for a long time.”

“At that time, when, even before I had joined, you know, Yuri already had the vision of being global, which was a crazy idea at the time, and so we got started with DST only in, like, mid-二-thousand-nine or so, with a Facebook investment, and then we truly went…”

“But ideally, you know, call it 12 to 18 months before, and then you've had, like, a few interactions with them.”

“For early stage, being local is a competitive advantage, as you're, you know, actually involved in building the product, hiring the engineers, etc. The later stage, global becomes, becomes a competitive advantage as well.”

“There are only 10 internet companies globally, public or private, which have ten billion GMB, and there are less than 15 companies It's globally with a million orders a day.”

“So our investment thesis has always revolved a lot around the founder, and we've only invested in founder-led companies from the very beginning.”

“As a large company, you cannot have blind spots, and corrective course of action becomes tougher as you become bigger, so you're better off basically investing in the team ahead of time, and second, I would say investing time in building a relationship with th…”

“A lot of the credit for our sourcing like would go to the existing founders in the network and like what they have managed to build.”

“That was a brilliant understanding of where to double down on value and where to spend your time.”

“That work that we talked about way back last year that the partner from DST did showed by over the last decade, Andreessen did roughly 10% of all series A's that became five billion dollar outcomes.”

“Open Evidence raises at twelve billion dollars, labbed by Thriving DST. It's a 12 x valuation step up to where they raised at a billion dollars from Sikora at the start of the year.”

“Higgsfield, who raised at a 5.5 billion dollar price from DST, and they hit seven hundred million in ARR.”