Russian Investor In Facebook, Zynga, Groupon Files For IPO

Yuri Milner head of Digital Sky and

Russian web company just filed for an IPO in London, looking to raise $876 million, Bloomberg News reports.

While a tech IPO of any sort is interesting, this one holds extra intrigue because of its ties to hot U.S. startups. owns 2.4% of Facebook, 5.1% of Groupon, and 1.5% of Zynga.

When does IPO, it will be the only opportunity to invest in those startups on the public markets.

Goldman analysts value those stakes at $900 million, Bloomberg says. (’s revenue is expected to reach $301 million this year, a 50% increase compared to 2009.) was founded by Yuri Milner, who runs DST Holdings, the Russian investment group that bought a large stake in Facebook. is also owned by Alisher Usmanov and South African media group Naspers.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at