Brian Chesky – CEO, Airbnb
Jonathan Abrams – Partner, Founders Den
Jason Johnson – Partner, Founders Den
Zachary Bogue – Partner, Founders Den
Michael Levit – Partner, Founders Den
Jeff Kapel – Assistant Coach, Duke Basketball
Ari Emmanuel & Jason Lublin – WME
Trajan Langdon – Retired NBA Basketball Player
Yuri Milner & Felix Shpilman – Startfund
Troy Carter & Allison Streuter – Atom Factory
SV Angel – Ron, David, Kevin, Topher, Robert
Crunchfund – Michael, MG, Patrick
Paul Buchheit – Inventor of Gmail, Founder FriendFeed, Partner Y-Combinator
Garry Tan – Partner Y-Combinator, Co-Founder Posterous
Alexis Ohanian – Partner Y-Combinator, Co-Founder Reddit
Harj Taggar – Partner Y-Combinator, Co-Founder Auctomatic
Paul Graham – Co-founder Y-Combinator
Jessica Livingston – Partner Y-Combinator
Tim Draper – Draper Associates
Stewart Alsop – Alsop Louie
Erik Moore – Angel investor in Zappos
Justin Kan – Co-Founder EXEC, Co-Founder Justin.tv/Twitch.tv
Emmett Shear – CEO & Co-Founder Justin.tv/Twitch.tv
Kyle Vogt – Co-Founder Justin.tv/Twitch.tv
Matt Ocko – Angel Investor
A-Grade Investments – Ashton Kutcher, Guy Oseary, and Chris Hollod
Ronny Conway – Andreessen Horowitz
Justin Caldbeck – Lightspeed
Shervin Pishevar – Menlo Ventures
Laurene Powell Jobs & Stacey Rubin – Emerson Collective
Ram Shiram – Sherpalo, Angel Investor in Google
Shane Battier – NBA Basketball player, Miami Heat
Michael Rapino & Michael Abrams – Live Nation

Investors in this round include WI Harper, Silicon Valley Bank, Sequoia Capital, IDG-Accel, Foundation Capital, Foxconn, SAP, Bertelsmann, Motorola, Autodesk, and pension funds in the U.S. and Canada. Ron Conway and Yuri Milner was also in this round of funding. Executives from Google, Facebook, YouTube, Amazon.com, and Yahoo! also participated in this round. The incubator previously raised $115 million.

[TechCrunch]

ZeroCater is currently based in the Bay Area of California. ZeroCater co-founder Arram Sabeti plans on using the additional funding to expand into other areas with New York being the next target. Some of the other previous investors in ZeroCater include Keith Rabois, Paul Buccheit, Vaizra International, Felix Shpilman, Stewart Alsop, Justin Kan, Emmet Shear, Othman Laraki, Gabor Cselle, Mark Friedgan, Alexander Goldstein, and Starling Ventures.

[TC]

[TechCrunch]

Grubwithus also highlights charity and raffle dinners on their website. Grubwithus is currently available in Chicago, San Francisco, New York, D.C., and L.A. They will soon be available in Boston and Seattle. Chicago is their biggest city as they started there. They plan to hire more people to their 8 person team as a result of the funding.

[TechCrunch]

“These aren’t gifts, we’re not a charity. It’s an investment that gives these startups that first critical $150k that gets them to product. We intend to make money on these investments,” stated SV Angel managing partner David Lee. “This is a chance for us to invest in some of the best young entrepreneurs in the world.” Lee and Conway founded SV Angel together.

MOSCOW & NEW YORK, Apr 28, 2010 (BUSINESS WIRE) — AOL Inc. /quotes/comstock/13*!aol/quotes/nls/aol (AOL 24.48, -3.53, -12.60%) and Digital Sky Technologies Limited (DST), the largest Internet company in the Russian-speaking and Eastern European markets, announced today that they have reached an agreement for DST to acquire ICQ — the leading instant messaging service in Russia and a number of other international markets — for $187.5 million.

ICQ was created in 1996 by the Israeli company Mirabilis. AOL acquired the assets of Mirabilis, primarily ICQ, in June 1998. Available in 16 languages, ICQ has more than 32 million unique visitors per month.* Approximately 80 percent of ICQ users are between the ages of 13 and 29 and spend an average of more than five hours a day connected to the service, according to internal data. ICQ has built a successful presence in markets like Russia, Germany, Czech Republic and Israel.

“The acquisition of ICQ is a strategic enhancement of our business in Russia and Eastern Europe. ICQ’s long-standing brand name and its sizeable loyal customer base together represent a very attractive opportunity to further strengthen our position in the region,” said Yuri Milner, Chief Executive Officer of DST.

“As AOL continues its turnaround effort, we’re fortunate to find a great home for ICQ with DST,” said Tim Armstrong, Chairman and Chief Executive Officer of AOL. “DST is a leading innovator in the Internet investment space and has a significant presence in the markets where ICQ is strong. Founded and run in Israel, ICQ has been a revolutionary company on the Internet. We wish them great success as a part of DST and will be rooting for them going forward.”

*February 2010 comScore Media Metrix data

About Digital Sky Technologies

DST was founded in 2005 and is the largest Internet company in the Russian-speaking and Eastern European markets and one of the leading investment groups globally to exclusively focus on Internet related companies. DST, together with its affiliate DST Global, also hold stakes in Internet world leaders such as Facebook, Zynga and GroupOn. DST is a privately held company backed by leading Russian and Western financial institutions. For more information please visit www.dst-global.com.

About AOL

AOL Inc. /quotes/comstock/13*!aol/quotes/nls/aol (AOL 24.48, -3.53, -12.60%) is a leading global Web services company with an extensive suite of brands and offerings and a substantial worldwide audience. AOL’s business spans online content, products and services that the company offers to consumers, publishers and advertisers. AOL is focused on attracting and engaging consumers and providing valuable online advertising services on both AOL’s owned and operated properties and third-party websites. In addition, AOL operates one of the largest Internet subscription access services in the United States, which serves as a valuable distribution channel for AOL’s consumer offerings.

Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements regarding the anticipated benefits of the transaction, the expected closing date and other statements identified by words such as “may,” “will,” “intend,” “should,” “expect” or similar expressions. These statements are based on the current expectations and beliefs of DST’s and AOL’s management, and are subject to uncertainty and changes in circumstances, including, but not limited to, the approval of the transaction by antitrust authorities, the satisfaction of the closing conditions to the transaction and the parties’ performance of their obligations under the agreements. Any forward-looking information is not a guarantee of future performance and actual results may vary materially from those expressed or implied by the statements herein, due to changes in economic, business, competitive, technological, strategic and/or regulatory factors, as well as factors affecting DST’s and AOL’s operations and businesses. More detailed information about these factors as they relate to AOL may be found in the section entitled “Risk Factors” in AOL’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission. DST and AOL are under no obligation to, and expressly disclaims any obligation to, update or alter the forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6268204&lang=en

SOURCE: AOL Inc.

GROUPON RECEIVES $135 MILLION FROM DST AND BATTERY VENTURES

Investment to Support Rapid Growth of Social Commerce Globally

Chicago/Moscow, April. 19, 2010–Groupon, the leading social commerce site, today announced that DST, a leading global internet investment group, will lead an investment round of $135 million in the Company. A portion of the investment will be used to fuel Groupon’s global expansion, and the rest will be used to facilitate liquidity for employees and early investors.

DST comprises the majority of the investment, with participation from Battery Ventures, which is also a new investor in Groupon.

Groupon leverages group buying and social media to provide its millions of customers big discounts on the best local businesses in more than 50 cities across the United States and in Canada. To date, customers have purchased over four million Groupons on deals ranging from spa treatments and golf outings to fine dining and skydiving and have collectively saved over $150 million on these deals.

“Our growth is a reflection of the positive impact Groupon is having on consumers and businesses at a very early stage of the market development,” said Andrew Mason, founder and CEO of Groupon. “We are very pleased and excited to welcome DST and Battery as shareholders and we look forward to benefiting from their vast knowledge and experience of the social media sector as we continue executing on our growth plans in North America and globally.”

“This investment underscores our view that social networking and community based activity will drive, shape and define the web’s evolution in the years ahead,” said Yuri Milner, Chief Executive of DST. “Groupon, with its strong management team, offering and vision, is pioneering social commerce and is redefining the local advertising space. We look forward to being long-term partners of a company that is on a path to becoming a global Internet leader.”

“We’ve followed the social commerce phenomenon for many years, and are thrilled to have the chance to back such a visionary management team,” said Roger Lee, General Partner, Battery Ventures. “They saw a massive opportunity very early, and have executed flawlessly to define it and take the leadership position. We think there is a lot of runway ahead, and are energized to support the team in their quest.”

Founded in November 2008, Groupon has been aggressively expanding to cities throughout the United States, with plans to be in 100 cities by the end of 2010. Earlier today Groupon announced that it has launched its service in Orlando, Fort Worth, Tucson and Toronto, its Canadian city.

The common stock offer would be used to buy stock from employees as long as they are willing to cash out.  Digital Sky is owned by Russian businessman Yuri Milner.  DST also has ownership in major online mailing system Mail.ru.

The $200 million investment made in Facebook today is for 1.96% equity.  This deal is very similar to the $240 million investment Microsoft made in Facebook.