December 10th, 2007
hong kong investor building a portofolio of next gen internet superstars
The Li Ka-shing Foundation has made another big internet investment after its investment into Joost. The foundation has recently brought a $60M stake in facebook at the same $15B valuation as Microsoft’s recent stake, giving the foundation a 0.4% ownership.
I think new investment paired with its prior investment in Joost, shows that the foundation is serious about building an investment portfolio in the internet and is poised to become a major player in this industry
