4

DST Global

One of the leading Internet investment firms globally
DST Global
Leadership team

Yuri Milner (Founder)

Saurabh Gupta (Founder)

John Lindfors (Founder)

Rahul Mehta (Founder)

Tom Stafford (Founder)

Number of Employees
0 - 50
Headquarters
DST Global has offices in Silicon Valley, New York, London, Beijing and Hong Kong.
Established
2009
Social Media
Summary

DST Global is a venture capital and private equity firm that primarily invests in late-stage internet companies. DST Global has been described as one of the largest and most influential venture firms in the world, with an estimated $50 billion in assets under management. DST Global’s founder is Yuri Milner and its co-founders are Saurabh Gupta, John Lindfors, Rahul Mehta and Tom Stafford.

DST Global has become known for its investments in some of the world's most successful and innovative technology companies, including Alibaba Group, Facebook, and Spotify. The firm has a diverse portfolio of investments across a wide range of industries, including e-commerce, social media, fintech, healthcare, and more.

DST Global's investment strategy is focused on identifying innovative companies with the potential for significant growth and providing them with the capital, strategic guidance, and access to networks they need to scale their businesses. The firm typically invests in companies that have already achieved significant traction and have a proven business model, and it has a particular focus on companies that have the potential to create positive change in the world.

History

DST Global is a global investment firm that focuses on late-stage venture capital and growth equity investments in technology companies. The firm was founded in 2005 by Yuri Milner, a Russian entrepreneur and investor, with the goal of investing in innovative companies with global potential.

In its early years, DST Global focused primarily on investments in the Russian and Eastern European technology markets, backing companies like Mail.ru Group, the Russian internet giant, and Yandex, the Russian search engine. However, in 2009, the firm made its first major international investment in Facebook, acquiring a 1.96% stake in the social media giant for $200 million. This investment proved to be a major success, with DST Global earning a significant return when Facebook went public in 2012.

Following its success with Facebook, DST Global began to focus more heavily on investments in the global technology market, backing companies like Alibaba, Airbnb, and Spotify. The firm has also invested in several Indian technology companies, including Flipkart, Ola, and Byju's.

In addition to its investments in private companies, DST Global has also made several investments in public markets, including investments in Twitter and Snapchat. The firm has also launched several funds focused on specific geographic regions, including a $1.5 billion fund focused on Asia and a $1.7 billion fund focused on Europe.

Overall, DST Global has become one of the most successful venture capital firms in the world, with a track record of backing some of the most innovative and disruptive technology companies of the past decade. The firm's success has been driven by its focus on identifying and investing in companies with global potential, as well as its willingness to take bold bets on emerging technologies and markets.

Investment criteria

DST Global has a clear set of investment criteria that it uses to evaluate potential investments and determine whether they are a good fit for its portfolio. Here are some of the key investment criteria that DST Global uses:

  • Large market opportunity: DST Global looks for companies that are targeting large, growing markets with significant potential for expansion.
  • Disruptive technology: The firm seeks out companies that are developing innovative technologies that have the potential to disrupt existing markets and create new opportunities.
  • Strong management team: DST Global places a strong emphasis on the quality of the management team, looking for teams with a track record of success and the ability to execute on their vision.
  • Global potential: The firm seeks out companies that have the potential to become global leaders in their industry, with the ability to scale their business and reach a large customer base.
  • Financial performance: DST Global looks for companies with strong financial performance, including revenue growth, profitability, and cash flow.
  • Competitive advantage: The firm looks for companies that have a clear competitive advantage, such as proprietary technology, strong brand recognition, or a large and loyal customer base.
  • Social impact: DST Global also considers the social impact of its investments, looking for companies that are using technology to solve important problems and create positive change in the world.

By using these investment criteria, DST Global is able to identify and invest in companies that have the potential to become industry leaders and generate strong returns for its investors.

Values
  • Entrepreneurship: DST Global believes in the power of entrepreneurship to drive innovation and create positive change in the world. The firm supports entrepreneurs who are using technology to solve real-world problems and make a difference in their communities.
  • Global perspective: The firm has a global perspective and seeks out investment opportunities that have the potential to create value on a global scale. DST Global invests in companies that have the ability to scale their business and reach a large customer base, regardless of where they are based.
  • Partnership: DST Global believes in the importance of building strong partnerships with the companies in its portfolio. The firm works closely with its portfolio companies to provide strategic guidance, operational support, and access to its global network of contacts.
  • Integrity: The firm upholds the highest standards of integrity and ethics in all of its business dealings. DST Global believes that honesty, transparency, and trust are essential for building long-term relationships with its partners and stakeholders.
  • Social responsibility: DST Global recognizes its responsibility to make a positive impact on society and the environment. The firm seeks out investment opportunities that have the potential to create social and environmental benefits and works with its portfolio companies to promote responsible business practices.

Overall, DST Global's values reflect its commitment to investing in innovative companies that are making a positive impact on the world, while upholding the highest standards of integrity and social responsibility.

Mission

"Our mission is to support exceptional entrepreneurs who are building the transformative technology companies of tomorrow. We believe in the power of technology to create positive change in the world, and we are committed to helping entrepreneurs harness that power to solve real-world problems and create lasting value. We provide capital, strategic guidance, and access to our global network of contacts to help entrepreneurs scale their businesses and achieve their goals. We are dedicated to upholding the highest standards of integrity and social responsibility in all of our business dealings, and to making a positive impact on the world."

DST Global's mission statement reflects the firm's commitment to supporting entrepreneurs who are using technology to create positive change in the world. The firm's focus on providing capital, strategic guidance, and access to its global network of contacts reflects its belief in the importance of partnerships and collaboration in building successful technology companies.

DST Global's mission statement reflects the firm's commitment to investing in innovative companies that have the potential to create significant value and make a positive impact on society while upholding the highest standards of integrity and social responsibility.

Portfolio

DST Global specialises in late-stage venture capital and growth equity investments in technology companies. The firm has a diverse portfolio of investments across a wide range of industries, including e-commerce, social media, fintech, healthcare, and more. Here are some of the companies in DST Global's portfolio:

  • Alibaba Group: DST Global was an early investor in Alibaba, one of the world's largest e-commerce companies. The firm's investment in Alibaba has been highly successful, with the company going public in 2014 and becoming one of the most valuable companies in the world.
  • Facebook: DST Global made a significant investment in Facebook in 2009, acquiring a 1.96% stake in the social media giant for $200 million. The investment has been highly successful, with DST Global earning a significant return when Facebook went public in 2012.
  • Xiaomi: DST Global has invested in Xiaomi, a Chinese electronics company that is known for its smartphones and other consumer electronics products. Xiaomi has become one of the fastest-growing technology companies in the world, with a presence in over 80 countries.
  • Spotify: DST Global has invested in Spotify, the popular music streaming platform that has revolutionized the music industry. Spotify has become one of the most successful technology companies in the world, with over 345 million monthly active users.
  • Didi Chuxing: DST Global has invested in Didi Chuxing, a Chinese ride-hailing company that is known for its dominance in the Chinese market. Didi Chuxing has expanded rapidly in recent years and has become one of the largest ride-hailing companies in the world.
  • Ola: DST Global has invested in Ola, an Indian ride-hailing company that is known for its focus on sustainability and electric vehicles. Ola has become one of the largest ride-hailing companies in India and has expanded to several other countries.
  • ByteDance: DST Global has invested in ByteDance, a Chinese technology company that is known for its popular social media apps, including TikTok and Douyin. ByteDance has become one of the fastest-growing technology companies in the world, with a valuation of over $100 billion.

Overall, DST Global's portfolio reflects the firm's focus on investing in innovative companies with global potential, across a wide range of industries and geographies. The firm's investments in companies like Alibaba, Facebook, and Spotify have been highly successful, and its portfolio continues to include some of the most promising and disruptive technology companies in the world. 

References
DST Global
Leadership team

Yuri Milner (Founder)

Saurabh Gupta (Founder)

John Lindfors (Founder)

Rahul Mehta (Founder)

Tom Stafford (Founder)

Number of Employees
0 - 50
Headquarters
DST Global has offices in Silicon Valley, New York, London, Beijing and Hong Kong.
Established
2009
Social Media