I Can Has Funding: Cheezburger Raises $30M

Re:I Can Has Funding: Cheezburger Raises $30M by revorad on Tuesday January 18, 2011 @05:33AM (#2115332)

Any ideas on how much revenue/profit they make?

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Re:I Can Has Funding: Cheezburger Raises $30M by redthrowaway on Tuesday January 18, 2011 @07:22AM (#2115515)

Quite a bit. Ben Huh is worth many millions, and that's from merchandizing and advertising, not raising capital. It's a very profitable business, considering it's just 3 year old 4chan memes, and a bunch of newer ones that are nowhere near funny.

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Re:I Can Has Funding: Cheezburger Raises $30M by revorad on Tuesday January 18, 2011 @07:46AM (#2115571)

Any numbers or sources?

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Re:I Can Has Funding: Cheezburger Raises $30M by redthrowaway on Tuesday January 18, 2011 @08:12AM (#2115634)

Only circumstantial and hearsay, but I do know Huh made a serious pitch to buy reddit last year. He owns some 40 sites [1], many of which are small, but quite a few of which are reasonably large and well-capitalized (failblog, ICHC, Very Demotivational, there I fixed it, etc).

http://en.wikipedia.org/wiki/Pet_Holdings_Inc.#Websites

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