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Markos Moulitsas, champion of the 99%, is a total 1%-er; Twitter weighs in

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Markos Moulitsas, champion of the 99%, is a total 1%-er; Twitter weighs in

http://twitter.com/#!/jstrevino/status/179241769844748289

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.

Update: Conveniently, the company will today also announce the launch of the brand new SB Nation YouTube channel.

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 (backgroundvideo 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.

You don't understand how investments work, do you? RT @jstrevino: Congrats to @markos on entering the 1%! http://t.co/tlKPLQI7

— Markos Moulitsas (@markos) March 12, 2012

For a crowd that claims to understand capitalism, they sure as heck don't understand how the startup world works.

— Markos Moulitsas (@markos) March 12, 2012

@jstrevino. Nah, just people who think "investment=cashing out". When Vox exits, then I'll be 1%

— Markos Moulitsas (@markos) March 12, 2012

Oh, I get it, conservatives think liberals hate capitalism. When you base your ideology on strawmen…

— Markos Moulitsas (@markos) March 12, 2012

And here's the thing — when Vox exits, I HOPE the capital gains tax isn't 15%. I hope it's the same rate everyone else pays.

— Markos Moulitsas (@markos) March 12, 2012

Lots of rich people who aren't asses. RT @aravosis: Being 1% is less about having money and more about what you do with the money you have

— Markos Moulitsas (@markos) March 12, 2012

RT @aravosis: @markos I'm all for people making money. Just don't step on my throat while you're doing it.

— Markos Moulitsas (@markos) March 12, 2012

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.

@markos i guess its easy to forget you are an entrepreneur due to the anti capitalist vitriol eminating from Kos on a daily basis.

— Stephen Norton (@scntaxpro) March 12, 2012

@jstrevino @markos How's the view from your $17 million GLASS HOUSE? Careful throwing those stones from now on buddy.

— Travis Thornton (@travisthornton) March 12, 2012

@aravosis @markos @alecbaldwin I forgot, Democrats are cool w Big Banks, what w Dodd-Frank and the $35,800 plate dinners w GoldmanSachs.

— Travis Thornton (@travisthornton) March 12, 2012

https://twitter.com/#!/brooksbayne/status/179245268032684032

I don't remember their being any distinctions made about the good 1% and the bad 1% … until @markos was part of the topic

— Michelle Ray (@GaltsGirl) March 12, 2012

So basically, 1%er @Markos has been forced to admit that Leftists don't hate all rich people. Just conservative ones.

— RB (@RBPundit) March 12, 2012

No worries #p2. I'm sure @markos will share his newfound fortune with those who provide 99% of his site's content.

— jon gabriel (@exjon) March 12, 2012

Striving to be full of shit? Mission accomplished, @markos

— Anthony Bialy (@AnthonyBialy) March 12, 2012

Oh, snap.

Read more: http://twitchy.com/2012/03/12/markos-moulitsas-champion-of-the-99-is-a-total-1-er-twitter-weighs-in/

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