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| Address URL | http://www.alleyinsider.com/ Registered: 22-Mar-2008 |
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Send to email | SAI Parent Company Raises Pots Of Money At Mind-Boggling Valuation in General | By Silicon el 16-Jul-2008 |
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Silicon Alley Media, the parent company of this web site, is pleased to announce that a consortium of media moguls has been kind enough to infuse it with cash. The money will allow it to pay rent, buy more chairs, and hire more people to sit in them.
Kevin Ryan, the company's Chairman (below), promises one day to contribute a post to SAI. Alexis Maybank and Alexandra Wilson (above), the founders of Gilt Groupe, work in the offices upstairs.
(More importantly: We're grateful to our team, our investors, and, most of all, you--our readers--for contributing so much to our success over the past year. It's obviously no exaggeration to say we wouldn't be anywhere without you. We're thrilled to welcome our new partners aboard and look forward to the next steps...)
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