RVC State-owned fund to complement business angel financing
East-West Digital News 23 November 2012 Yesterday, RVC, the state-owned fund of funds dedicated to innovation, announced a new program to complement business angel investment in Russian startups at very early stages. The fund’s co-investment will amount to up to 3...Mail.ru Group sells Facebook, Groupon and Zynga stock
East-West Digital News 21 November 2012 The Mail.ru Group recently sold its stakes in Groupon and Zynga – 4.12% and 1.17%, respectively – and reduced its stake in Facebook from 0.75% to 0.52%, according to information published during the last few weeks on the group’s...