First Om Malik. Now Rafat Ali.
Legenday venture capitalist, Alan Patricof, on why he invested in Rafat Ali’s media company, Content Next:
“I think this is a unique opportunity for Greycroft because paidContent.org and MocoNews.net truly are the publications you need to read before you start your day if you are involved in or care about any aspect of new media. I’ve been an avid reader of the sites for some time and watched the company expand into areas such as job search and wireless applications despite having limited capital at its disposal. I look at blogs as the hyper-interactive magazines of the future, only with far greater ability to create communities and expand into new areas. Rafat is a very talented individual who saw an opportunity, ran with it and is now on the verge of taking his business to the next level. We’re thrilled to now be a part of that.”
[Emphasis added]
