[WillyF]

Yes, there's probably a bubble right now.

And this is the kind of investment that will make you look like an idiot if it blows up. But I have to think someone like Brad Feld, whose firm was part of this investment, is pretty confident in the business if he is willing to put his money and his reputation at stake on this.

Funny movies, funny books, and funny tv shows have all proven to be big money makers over a long period of time (but they also bomb often). Why is a business built on funny websites so ridiculous?

It seems that a lot people have a hard time differentiating between an intelligent business and a business that makes intelligent products.

[zacharycohn]

I agree. If The Cheezburger Network is a profitable business that is showing growth, I don't see why everyone is jumping to claim this is a bad investment.

[ghost3]

Because there's just no way it's going to be a $100M kind of company. reddit was probably the source of much of their initial traffic. And reddit was worth, what, $10m, in pre-bubble money?