February 21, 2001

FuckedCompany.com Raises $60 Million in Venture Financing

San Helifino, CA /DenounceNewswire/ -- February 21, 2001 -- FuckedCompany.com today announced it has raised $60 million in a second round of financing, from two top-tier firms, Kleiner Perkins and Benchmark Capital, giving the company a market valuation of more than $600 million. The site, which features breaking stories on dot com company failures, is growing at more than one million additional pageviews per hour, making it the current fastest-growing internet company in the world.

"We're thrilled to be a part of the FuckedCompany story," said Vinod Khosla, a partner at Kleiner Perkins. "These guys offer the right service at the right time for the right price. You can't beat that."

"This was a total no-brainer," said David Beirne, a partner at Benchmark Capital. "When the NASDAQ is in the toilet, where else would we turn, but FuckedCompany.com?"

"What's up with that," said FuckedCompany's chief executive officer, who goes by the name of Pud, adding, "it's cool and all, but, well, it's fucked, you know what I mean?" Pud declined to offer details on how the $60 million would be used, other than saying he would put it in the bank and keep it there.

About Kleiner Perkins
You know all you need to know about these people.

About Benchmark Capital
If you really want to know, read Randall Stross's book.

About FuckedCompany.com
FuckedCompany.com is the leading website on the internet for news and rumors about the boneheaded failures in dot com companies. Started in 1999, the site has grown to exceed the traffic and capacity of Yahoo, MSN, Amazon, Excite, AmIHotOrNot, and Napster combined. Posted by denounce on February 21, 2001 05:51 PM

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