Saturday, October 9, 2010

Interesting Site With It's Own Lobbyists and Elite Security Force With 6 Attack Helicopters

Funnyordie.

Valuation: $24 million.


A site that aggregates humor videos, based on whether viewers think they are funny or should be killed – a cross between Reddit and YouTube. Founded by a number of well-known comedians including Will Ferrell, the site says “Funny Or Die has offices in Japan, Madagascar and Bahn, nine full-time lobbyists in Washington and an elite private security force consisting of four hundred soldiers and six attack helicopters.” The site has more than 11 million unique visitors and 40 million pageviews. CPMs of $14 push ad revenue to $6.7 million. Staff of 35 or so and operating profit of $3.4 million. The value of this site depends heavily on the celebrities involved.


Posted via email from Kleerstreem's Posterous

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