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by JonnieCache 5628 days ago
Some of us will never be able to really accept the idea that $30m isn't a metric shitload of money, for anything, let alone a faddish humour website.

Whenever I see these numbers I can't help but think about how much food you can buy for $30m. I know economics is obviously more complex than that, building wealth helps the world etc. but I still find it impossible to get over this. Just being honest.
4 comments
Bud 5628 days ago
It's true that lolcats could be viewed as "faddish", but if so, it's a very long-lived and popular fad.

Guess what a long-lived and popular fad is? A gold mine, at least for a while...

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radicaldreamer 5627 days ago
Plus it could have long term appeal... like knock-knock jokes.
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ebiester 5627 days ago
It's not just one website. It's a collection of humor websites building on a theme that is certainly not a fad: humorous commentary on a photograph. Lolcats may come and go, but the bet (and a good one, I believe), is that their humor staff can keep ahead of the trends. http://cheezburger.com/sites shows their attempt.

I believe this 30m is also going to help them go further into content creation.

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qq66 5627 days ago
Whatever you can buy with $30m, you can buy more of if you can turn the $30m into $1b.
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zaidf 5627 days ago
As of right now you can only predict that it's a fad. Some investors predict otherwise. At least investors take risks into account while you seem convinced beyond doubt that it is a fad.
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