Category: Venture Capital
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.
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Posted by denounce at 05:51 PM
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