Russia's Digital Sky Technologies Ltd., which has been lately
making big investments in some of the more mature U.S. social
networking startups, including Facebook Inc., Zynga Game Network
Inc. and most recently social shopping site Groupon Inc., is
providing a "viable third exit option outside of M&A and IPOs,"
says Roland Reynolds, a principal of Industry Ventures, an
investment firm that manages five secondary funds and a fund of
funds with more than $450 million of institutional capital. "DST is
great for the venture capital industry. We're already seeing some
of our funds exit through investments via partial liquidity with
DST." Watch the video below or download it on iTunes. -- Mary
Kathleen Flynn