Social Networking Gets Additional $200M Investment

The recent $200M investment in Facebook by Russian Internet holding company Digital Sky Technologies (DST), puts its' valuation at $10B, a $5B decrease since the Microsoft $240M investment at $15B back in October 2007.

As 3,139 other blogs are already covering the story, I won't go into it any further than to point out that even though it can be seen a negative a few ways (decreased valuation, original ad models not going as planned, biz model needs longer runway), it's still a very large investment for a small stake in the ever-evolving social networking, web 2.0 market and applications.

Also, if you curious to how the rest of DST Internet websites are doing, here's a recent Compete unique visitor comparison of some of their top sites, including other social networking and mail applications:

The new Facebook stake will no doubt add considerable weight to their existing portfolio.