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Yuri Milner's Dst Global Plans To Invest More In U.s. Start-Ups


Ron Burgundy
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File photo of Yuri Milner arriving on the red carpet during the second Annual Breakthrough Prize Awards in Mountain ViewBy Sarah McBride SAN FRANCISCO (Reuters) - Yuri Milner, the billionaire Russian who holds the largest outside stake in Chinese handset maker Xiaomi, said he expects to invest more evenly between the United States and China in 2015. “Going forward, we will see it more balanced,†said Milner in an interview, adding he saw a number of globally ambitious U.S.-based startups. In recent years, the investments by his DST Global funds have skewed toward China, including DST’s participation this month in a $1.1 billion funding round for Xiaomi. ...




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