Yuri Milner

  • Game Closure Quietly Raises Seed Round From SV Angel, Yuri Milner, Greylock, And More

    Game Closure Quietly Raises Seed Round From SV Angel, Yuri Milner, Greylock, And More

    We first covered Game Closure this spring when it opened its private beta to the world to test out its new cross-platform HTML5 game engine and SDK. The startup has since gone on to work with multiple private and public partners to bring cross-platform, multiplayer HTML5 games to the App Store, Android Marketplace, Facebook, and beyond. According to Game Closure Co-founder and CEO Michael… Read More

  • Airbnb Has Arrived: Raising Mega-Round at a $1 Billion+ Valuation

    Airbnb Has Arrived: Raising Mega-Round at a $1 Billion+ Valuation

    According to several sources Airbnb is in the process of closing a whopper of a funding round: $100 million or more at a $1 billion-plus valuation. The round is being lead by Andreessen Horowitz, and includes participation from DST, say our sources. That’s a big increase from the company’s last funding round of $7.2 million, which included Sequoia Capital, Greylock, SV Angel… Read More

  • How We All Missed Web 2.0's "Netscape Moment"

    How We All Missed Web 2.0's "Netscape Moment"

    (Editor’s note: This is the third installment in a series about the late stage, secondary investing craze sweeping the venture capital business. For the first two installments go here and here.) On May 26, 2009 Mike sat down with Yuri Milner, Mark Zuckerberg and a Flipcam to talk about the then-scandalous $200 million investment DST made in Facebook, at a price that valued the company… Read More

  • SEC Watch: Start Fund Raises First Round, Totaling Nearly $6.5 Million

    Remember Start Fund, the investment vehicle established by DST’s Yuri Milner (as an individual) and Ron Conway’s angel fund, SV Angel? A couple of weeks ago, we broke the news that the fund, which is managed by SV Angel partner David Lee, made a gutsy blanket investment offer to every single one of the 40 or so Y Combinator startups in the most recent batch. Read More

  • How'd Sequoia Let Yuri Milner Grab this Sweetheart Y Combinator Deal?

    Earlier tonight, Mike posted a bombshell that must have made super angels shudder. Not content with the grenade he threw into the late-stage investing world with aggressive investments in Facebook, Groupon and Zynga, tonight Yuri Milner announced a new partnership with Ron Conway that offers similar you’d-be-crazy-not-to-take-this-deal terms for every Y Combinator company. But you know… Read More

  • Michael Arrington Interviews Yuri Milner

    Arrington Ambush Interviews Crunchies VC Of The Year Yuri Milner

    Last night at the Crunchies, Yuri Milner of Digital Sky Technologies won the VC of the Year award (Fred Wilson of Union Square Ventures was a close runner-up). Milner has almost single-handedly created a new class of mezzanine venture capital, allowing companies like Facebook, Groupon, and Zynga to postpone IPOs while still getting a ton of liquidity and huge valuations. Before he could leave… Read More