Naspers CEO Bob van Dijk to talk about late-stage bets at Disrupt Berlin

South African internet company Naspers isn’t a particularly well-known name in the startup community. And yet, the company made an early investment in a small Chinese company called… Tencent. Naspers still retains a 31% stake in Tencent that is valued at around $100 billion (with a B). That’s why I’m excited to announce that Naspers CEO Bob van Dijk is joining us at TechCrunch Disrupt Berlin.

It’s hard to talk about Naspers without talking about SoftBank, another company that made an early bet on Alibaba, another small Chinese company back then. But Naspers doesn’t want to be compared to SoftBank as it doesn’t have the same approach.

Naspers recently created a new holding company for its tech investments called Prosus NV. A couple of months ago, Prosus went public in Amsterdam — the holding company is currently valued at $114 billion.

This has been a huge deal for Naspers — and also a highly unusual listing. And it should open up a lot of possibilities for more late-stage investments in the future. Prosus isn’t a traditional fund with limited partners that expect returns. It means that it can hold investments for multiple decades.

Naspers has invested in online classifieds business

This post was originally published on this site

contactedorg

Check out http://contacted.org