August Media will be one of the first tenants of Mediapolis, a 19-hectare, or 47-acre, high-technology media park, when the first building opens there in December.
Our investment marks QIA's ongoing commitment to investing in high quality technology, media and telecommunications assets". said a spokesperson for the QIA, in a statement.
He counts ten high-growth areas he could see adding: media planning and buying, research, health care, new technologies, emerging markets, privatization, retailing, financial services, entertainment and media, high technology and telecommunications.
Only this time, his project has nothing to do with media or high technology.
Last month, Mr. McCall announced he had committed $250 million of the fund to venture capital investments, specifically "new media and high technology".
This agreement associates a majority of civil society, politicians and members of the administration at the national and local level, members of the academic community, and a large number of business people, from the media to high technology.
Fortunately, in the past few years, NYC developed a set of characteristics that could make it a unique place for generating innovative ways to fight poverty and inequality using new media and high technology.
Yet many investors new to venture capital remain nervous, and we still must address the questions that continue to resonate in the technology media: Will the high valuations hold and properly return capital down through all investors on the cap table?
