Collegehumor.com sold for 20 mil???
 

Holy crap that is a ton for 200k uniques a day imo. WTG guys!!!

:thumbsup

Not sure where the article is on the web just reading wired in that old fashioned papaer form.

no way???

Dannnnng !!

uhhhh news link please...

thats insane

overpaid

51% of College Humor Sold for ~$20mil

I’m not really a fan of College Humor…don’t get me wrong, I don’t hate it, I’m just not an avid viewer. It seems that some people are…in fact, some 6 million unique visitors a month are. The Gawker reports that InterActiveCorp took notice of the sheer number (read: success) of hits going to the beer-drinking-boob-posting-frat-boy blog site and made an offer. The result: College Humor has sold 51% of the site’s ownership to IAC - and if you find it hard believe it, simply check IAC’s list of businesses on its site. This ~$20 million+ move gives IAC a say in the way the lude blog is run…For the site’s success, one can hope the influence would be minimal.

All things considered, the creators of College Humor (who are also the creators of BustedTees…where I got my cool shirt) are doing quite well, as Gawker states:

CollegeHumor founders Josh Abramson and Ricky Van Veen will continue to oversee the Connected Ventures operations. The Company recently released the book The CollegeHumor Guide to College and is developing a film for Paramount Pictures. Through Connected Ventures they also operate a number of other successful online content and retail brands including BustedTees.com, a retail business aimed at the CollegeHumor.com demographic.

This is definately a blogging success story if I’ve ever seen it.

http://borkweb.com/story/51-of-colle...sold-for-20mil

I used to host with the guy that hosted them(collegeHumor.com) at a level-3 co-lo

They were his biggest client pulling over 100Mbps a day but I don't know thats 20MIL material... but that was 2 years ago.

Mr.Bond

That's nuts. Good for them!

I think they're doing much more than 200k per day.

http://www.alexa.com/data/details/ma...llegehumor.com

Mike33 they are saying 6mil/month of uniques so maybe it breaks down better then what I said.

Damn you're right. That's incredible.

fuck me, why didnt i start a site like that

thats what i was thinking
7 years to make 20 million not too bad

I like storys like that.

Damn... but grats to them

it is so crazy..... but every work pays off sometimes...

Awesome news for them. Congrats.

You could buy Owned.com for $1.5 million and develop a site and grow it rapidly, sell 51% off for $20 million too.

Matt

That is why we all do this :thumbsup good for the owner.

:1orglaugh owned is not worth 1.5 mil imo

omg madawgz will now ask $500k for eatmyshorts.com :Oh crap

If a 200k uniques a day site is worth $20M does that mean that a 2k uniques a day site is worth $200k

Guess I'm a millionaire and I didn't knew it.

its not worth that much....yet....;)

right now i would let it go for 120k...nothing less

I was thinking the same thing lol

i'll give you $200 for it :pimp

Wow.. If EatMyShorts is estimate at $120k then I should be asking $4.5 million for Owned...

Matt

:waaaaahh :waaaaahh :waaaaahh :waaaaahh :waaaaahh

All i want is just 1 big score like that.

EMS + Owned = supersite that takes over the world

20 mil? gee that is just too much

damn, nice deal for the sellers

yeah that would be fucking huge!

damn that is crazyyyy

CollegeHumor.com is easily worth 20 million. If you've never experienced their traffic, you have no clue to what it's worth.

sweet jesus you're a retard

There are a lot better ways to invest $20M.

20 million and he kept 49% ..... well done :thumbsup

:thumbsup :thumbsup

congrats to those guys. they deserve it.

time to sell BangedUp I guess... or give it to some homeless rock-smoker bum to run.

seems like sites are selling based on possible future potential instead of actual value. that's too risky right now.