Henry Blodget, Kevin Ryan Building a New “Dow Jones” with New Funds
We stopped by the Business Insider daylong conference about the start-up scene yesterday at NYU.
I caught up with with Kevin Ryan, co-founder of AlleyCorp, the parent other Business Insider and its growing network of online publications. Kevin’s Manhattan-based company also includes, e-commerce, a CDN business and other ventures.
The event was masterly moderated by Henry Blodget, editor of the growing business network which includes the Silicon Alley Insider.
Just last month, the company raised outside funding from prestigious investors including Allen & Company. It declined to say how much was raised, paidContent put it somewhere around $5 million.
I asked Kevin about the proceeds of the funding. He explains that they are in the early stages of creating a big business information company, like a Dow Jones, he says in this interview.
He also gave an overview on some of the hot start-up topics emerging in New York — he says e-mail plays are hot.
Andy Plesser, Executive Producer