The Baltic Times

Esther Dyson to invest in Estonia's CV-Online

  • 2000-03-09
TALLINN (BNS) - Esther Dyson, one of the most well-known investors into Internet products worldwide, will acquire a 13 percent holding in the Internet-based personnel search company CV-Online for nearly four million kroons ($ 250,000) under the company's equity financing plan.

At the beginning of February, a 22 percent stake in CV-Online went to New Economy Ventures, managed by the investment bank Lohmus, Haavel & Viisemann.

The new investment will increase the market value of CV-Online to 35-40 million kroons.

The founders of CV-Online will retain a stake of 65 percent in the company.

CV-Online posted a turnover of three million kroons in 1999 and has set its turnover target for the current year at seven million to eight million kroons.

 

Please enter your username and password.

 Forgot your password?
 

Subscribe!

A subscription to The Baltic Times is a cost-effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection. Subscribe Now!

About The Baltic Times

The Baltic Times is an independent monthly newspaper that covers latest political, economic, business, and cultural events in Estonia, Latvia and Lithuania. Born of a merger between The Baltic Independent and The Baltic Observer in 1996, The Baltic Times continues to bring objective, comprehensive, and timely information to those with an interest in this rapidly developing area of the Baltic Sea region. Read more... Our news analysis and commentaries provide readers with insight essential to understanding the three Baltic countries and their neighbors.

Publisher: Gene Zolotarev
Editor in chief: Linas Jegelevicius

Contact Us

Editorial: editor@baltictimes.com
Subscription: subscription@baltictimes.com
Advertising: adv@baltictimes.com

Stay Connected

2024 © The Baltic Times /Cookies Policy