Can We Be Friends?

by Nathan Hamm on 5/26/2009 · 3 comments

Some of you might have noticed that a Russian company just bought a small stake in Facebook. That is about where my interest in the story ended. A Russian company bought a small sliver of a company that we all know in our heart-of-hearts has jumped the shark because our grandparents are now sending us friend requests? So what.

Well, it actually is kind of interesting and has a Central Asia angle as it turns out, because, guess what?

That’s right, Alisher Burkhanovich Usmanov, a man who doesn’t mind having websites shut down when they criticize him too much, is apparently one of the biggest backers of Digital Sky Technologies, notes Robert Amsterdam, who has a great post on the new 2% owners of Facebook. Definitely read the whole post.

Anyone have qualms about an Usmanov-backed company owning a small slice of everyone’s favorite social-networking site?


Subscribe to receive updates from Registan

This post was written by...

– author of 2991 posts on 17_PersonNotFound.

Nathan is the founder and Principal Analyst for Registan, which he launched in 2003. He was a Peace Corps Volunteer in Uzbekistan 2000-2001 and received his MA in Central Asian Studies from the University of Washington in 2007. Since 2007, he has worked full-time as an analyst, consulting with private and government clients on Central Asian affairs, specializing in how socio-cultural and political factors shape risks and opportunities and how organizations can adjust their strategic and operational plans to account for these variables. More information on Registan's services can be found here, and Nathan can be contacted via Twitter or email.

For information on reproducing this article, see our Terms of Use

{ 3 comments }

Joshua Foust May 27, 2009 at 10:24 am

Meanwhile, on Facebook, ISAF friended me. Is that ironic, or what?

Nathan May 27, 2009 at 10:25 am

Yeah, but that’s because ISAF needs friends wherever it can get them.

tictoc May 27, 2009 at 5:41 pm

The web is littered with has-been websites, so who cares?

Today it’s “everyone’s favorite social-networking site”, but who knows what’ll happen in a few years. Friendster used to be hot.

Is facebook even profitable?

Previous post:

Next post: