The comedy video website Funny or Die has been reported to have obtained another $15 million round of financing from Sequoia and other unnamed companies. I remember hearing about this web site a little while back. I think it was shortly after YouTube had hit it big and got their $1.65 billion from Google. Amongst the winners in that lottery if you recall was Sequoia. They made like $400 million off a n $8 million dollar investment. At the time I was shown Funny or Die, I remember thinking that somebody was trying to capture that magic in a bottle that occurred with YouTube. And we all know that does not happen too often.
I do know that no matter what Will Ferrel stands pretty in the whole deal. he was paid a lot of money to lend his name to the project. Granted he has contributed some funny stuff. “The Landlord” video has over 50 million views according to the web page, not bad huh .. it is very funny though. You should definitely check it out
What is surprising is that there have been reports of the sites demise. It will be interesting to see where the $$ and the web site go form here.
