Oh, BTW, Kremlin-linked money was once invested in Facebook and Twitter, nbd

Oh, BTW, Kremlin-linked money was once invested in Facebook and Twitter, nbd

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Facebook and Twitter both count Russian government-linked business among their former investors.

The revelation, confirmed in documents obtained by the International Consortium of Investigative Journalists (ICIJ), shows that two Russian firms, both linked to the Kremlin, made “major” investments in the social media companies through a well-known tech fund.

In both cases, the Russian firms divested their holdings in the two companies shortly after each company’s respective initial public offerings. The ICIJ report also notes that “there is no indication” Kremlin interests wielded any influence inside the two companies, nor did they receive any inside info as a result of their investments. Read more…

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Source: Mashable | Oh, BTW, Kremlin-linked money was once invested in Facebook and Twitter, nbd

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