OT: Brian, you need more cats- Cheezburger gets $30M in funding
Brian,
You provide considerable more value that the Cheezburger sites while including cats/kittens in addition to otters. My guess is that these factors alone push the MGo valuation even higher. One of the factors for placing the funding round was that one of the VC leads was a fan of the site. Soooo, any regular readers of the site who are also VCs need to pony up. Looking at you Larry Page! We need bigger servers when things go to hell so we don't get kicked off our source of counseling.
Cheezburger Can Has $30M in Funding
Internet publisher Cheezburger received $30 million in funding. Foundry Group of Boulder, Colo., led the investment with Madrona Venture Group, Avalon Ventures, and SoftBank Capital. Cheezburger plans to use the capital to hire more employees and fund other marketing and growth initiatives. Cheezburger is expanding its board to include Foundry Group’s Brad Feld , Madrona Venture’s Greg Gottesman and Avalon Ventures’ Rich Levandov.
Cheezburger was founded in September 2007 by Ben Huh, a former journalist turned dot com entrepreneur with a knack for nailing popular zeitgeist and has been credited with bringing Internet memes to the mainstream and popularizing Internet culture. Cheezburger counts a passionate fan base of 16.5 million people who upload more than 500,000 pictures and videos as well as view 375 million pages and 110 million videos each month. The company has been profitable since its inception with revenue from three sources — advertising, traditional media publishing including books, and merchandising.
“I have been a rabid fan of Ben and the Cheezburger team for years. It’s incredible what they’ve built with a small, dedicated team,” said Greg Gottesman, managing director of Madrona Venture Group. “As an investor, this one is as fun as it gets. We’re working with a great team, helping them grow an already massive audience, and testing new and exciting ways to monetize the funniest collection of sites on the Internet.”
http://www.pehub.com/93405/cheezburger-can-has-30m-in-funding/
January 19th, 2011 at 11:00 AM ^
20 bucks says I can hit it across the highway, any takers?
January 19th, 2011 at 11:02 AM ^
Gold jacket, green jacket who gives a shit.
January 19th, 2011 at 12:27 PM ^
Maybe that 'mista mista' lady.
January 19th, 2011 at 11:04 AM ^
The amazing golf ball...uh, wacker guy.
January 19th, 2011 at 11:14 AM ^
"Oh my god, you hit that guy!"
"He shouldnt have been standing there..."
January 19th, 2011 at 11:22 AM ^
You should talk to my neighbor the accountant, probably a great golfer. Huge ass.
January 19th, 2011 at 11:22 AM ^
(Side note: Everybody knows that this guy is "Jaws" from James Bond right? F'in Awesome
)
January 19th, 2011 at 11:02 AM ^
Wasn't DB involved with Avalon at one time prior to his stint with Dominos, or am I wrong?
January 19th, 2011 at 11:49 AM ^
Wrong...I think. He was at Valassis for twenty years, and then Domino's.
January 19th, 2011 at 11:29 AM ^
"Just stay out of my way... or you'll pay! LISTEN to what I say!"
"Hey, why don't I just go eat some hay, make things out of clay, lay by the bay? I just may! What'd ya say"
January 19th, 2011 at 11:37 AM ^
I was just looking for the other half of this bottle, hey, here's some of it, there's more of it right there...
January 19th, 2011 at 11:44 AM ^
It's all in the hips...It's all in the hips...just easing the tension baby.
January 19th, 2011 at 11:49 AM ^
I'm unattractive...
OK, apology accepted
January 19th, 2011 at 11:44 AM ^
Keep shooting pars, asshole!
January 19th, 2011 at 11:45 AM ^
I'll take 18 of them.
January 19th, 2011 at 2:08 PM ^
If you "take 18 of them" on the tour, you will only have your card for one year, and you may not even break even.
January 19th, 2011 at 11:51 AM ^
"You eat pieces of shit for breakfast?"
January 19th, 2011 at 12:49 PM ^
I don't understand why this thread tangented to Happy Gilmore quotes.
January 19th, 2011 at 12:52 PM ^
i love it
January 19th, 2011 at 1:24 PM ^
Brian needs moar cats. This is the internet, after all.
January 19th, 2011 at 3:47 PM ^
"Thats two thus far shooter."
"Oooo you can count, Good for you"
"Ya. And you can count on ME waiting for YOU in the parking lot!