Henry Blodget, Kevin Ryan Building a New "Dow Jones"
Uploaded on Jun 09, 2009 / 11 views / 18 impressions / 0 comments
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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.
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.
Kevin explains that the proceeds of the funding are in the early stages of creating a big business information company, like a Dow Jones. 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