"We monitor close to 50 companies globally that can be potential investment opportunities. I’d like to see DST as a significant global investment company in the Internet arena."
"One of the companies that we’ve invested in is called Facebook. In only two years, between 2009 and 2011, the information exchanged between people increased 28 times. And that cannot be explained by new people joining Facebook."
"I think there’s a time to be private and a time to be public, and I think that companies like Facebook and Groupon are basically transformational companies. You don’t come across them very often, and I’m pretty sure that they can continue to grow for a long time even being public."
"Facebook can be an accumulation of different intelligences. Ask a question, translated into many languages and somebody, somewhere in the world, will have an answer."
"You know among people who kind of travel a lot and have exposure to the United States and some other countries, they do have accounts, but you know, Russia is not exactly the place with multiple language skills so local networks kind of have an edge."
"Kai-Fu’s Innovation Works is the top very-early-stage fund in China. We are proud to be an investor, and hope that IW will help to produce in China companies on the scale of Facebook, Zynga, or Groupon."
"We’ve only made three investments: Facebook, Groupon, and Zynga."
"It’s not how much something’s worth today, it’s what it’s worth in five or 10 years."
"Google never knew how successful key words would be. Facebook didn’t know how successful Zynga would be."
"Facebook is a platform inside a platform."