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观察者称在硅谷Mail.ru公司收益相当于1/20的雅虎

发布时间:2011-05-03 13:03:38

当俄罗斯投资者尤里·米尔纳(Yuri Milner)向Facebook和Zynga投入巨资进军硅谷时,他的多数竞争对手,甚至是他的许多投资组合公司都不知他是何方神圣。他的财富非常惊人,而且主要来自俄罗斯最大的网站Mail.ru,但他身价几何却仍然是个未解之谜。

Yuri Milner

Yuri Milner

不过在Mail.ru公司在伦敦证券交易所公布其创造财富之后,我们终于有幸了解其具体财政情况。

该公司上市第一年的财报显示,2010年公司总营收为3.247亿美元,同比2009年增长64%。其利润共7730万美元,同比2009年增长66%。除此之外,该公司还有一些重要信息值得关注——例如出手1.875亿美元收购即时信息服务ICQ。

从这一点上看,该公司创造的收益相当于1/20的雅虎。

这家公司在美国的投资主要通过DST Global公司完成,据Mail.ru的报告显示,Mail.ru在Facebook掌握了2.33%的股份,在Zynga则是1.41%,在Groupon则是4.63%。

如果根据这些企业保守估值来计算(游戏邦注:Facebook目前身价达500亿美元,Groupon是150亿美元,Zynga估值为100亿美元),那么去年利润达7700亿美元的Mail.ru在硅谷的次级投资项目价值就是20亿美元。(本文为游戏邦/gamerboom.com编译,转载请注明来源:游戏邦)

Mail.ru: The Secret King of Silicon Valley Stock

When Russian investor Yuri Milner burst onto the Silicon Valley scene with heavy investments in Facebook and Zynga, most of his rivals — and most of his portfolio companies — didn’t know much about where he’d come from. His fortune was substantial, raised largely through founding Russia’s biggest website, Mail.ru, but the wealth he brought with him was still something of an unknown quantity.

Now, six months after the company that generated his fortune launched on the London Stock Exchange, some of the financial details have become a little clearer.

In its first annual results since going public, Mail.ru announced that in its last full year, revenue across the group was $324.7 million, which represented a 64 percent increase on the previous year. Profit, meanwhile, was $77.3 million — up 66 percent on 2009. On top of this, there were a few exceptional items to take into account — such as the $187.5 million purchase of stalwart messaging service ICQ and the stock market flotation that raised in excess of $1 billion.

To put that in perspective, that makes it around the 1/20th the size of Yahoo in terms of revenue.

Beyond the headline numbers, the news also helped break down details on some of the investments that the Russian company holds in America. Much of Milner’s Silicon Valley portfolio is through the decidedly un-public DST Global the affiliated business that does most of his investing. But the wider company he’s chairman of still owns part of those deals, and those are specified in Mail.ru’s annual report: specifically, the statement that Mail.ru holds a 2.33 percent stake in Facebook, a 1.41 percent stake in Zynga and has 4.63 percent of Groupon equity.

Now, here’s the astonishing thing. I’ve just done a back-of-the-envelope calculation to work out what that means. At the conservative end of current valuations (which put Facebook at $50 billion, Groupon at $15 billion and Zynga at $10 billion) that would suggest that Mail.ru — a company that made $77 million in profit last year — has minority investments in Silicon Valley worth about $2 billion. Sounds incredible, really.(source: gigaom


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