There’s no love lost between Mr. Moulitsas and the wealthy. He’s really picking up what #occupy is putting down, see?
People are angry at an economic system that has seen average annual household income flat-line for the last 20 years while the income of the top 1 percent has quadrupled to nearly $2 million a year.
Eat the rich, you guys! Oh, wait…
Online media publisher extraordinaire Vox Media, which owns and operates fast-growing tech news site The Verge, sports blog network SB Nation and an upcoming game industry news outlet tentatively named Vox Games, has secured $17 million in a financing round that could end up totaling just south of $17.5 million.
The funding round hasn’t yet been announced by the company, but we caught wind of it thanks to a Form D notice filed with the U.S. Securities and Exchange Commission last Friday. We’ve reached out to the company for more information.
The round brings Vox Media’s total funding to date to approximately $40 million.
The Form D notice lists Vox Media founder Markos Moulitsas and CEO and chairman Jim Bankoff (background, video interview), a former AOL exec. Two other executives at the online media company, namely VP Business Affairs and Finance Kyle Ragsdale and VP & General Counsel Lauren Fisher, are also listed.
Hmmm … Markos might want to think about taking some of that Vox Media money and hiring an image consultant. Now that he’s been outed as a capitalist peeeeeeeg, he’s gonna need to do some damage control.
His little legs must be so tired after all that backpedaling! And it’s unlikely he’ll be able to rest anytime soon. Plenty of people have taken to Twitter to call Kos out on his apparent change of heart.