The Internet nexus we don't hear enough about?: DST, Tencent and Naspers...sitting in a tree..
If you're in the Internet space, or care about it, you've likely heard about Digital Sky Technologies , and almost certainly know about Tencent . If you're based in the USA, my guess is its less likely that you've heard of Naspers . That's why this great article in the Economist was an eye-opener. These companies aren't just growing and building an incredible investment portfolio, but are very closely aligned. Here's the article's summary on these firms: "The websites of Digital Sky Technologies (DST) account for more than 70% of page-views on the Russian-language internet. Naspers is Africa’s biggest media group, both offline and online. And Tencent is China’s largest internet company by market capitalisation—and the third-largest in the world." This is great, but here's where things get interesting: "...they are financially intertwined. Naspers owns part of mail.ru and was an early investor in Tencent, of which it now holds 35%. I