FunnyorDie.com: Will Ferrell Takes Sequoia Capital Investment
April 16, 2007 — 11:29 PM PDT — What an odd mashing of worlds: Will Ferrell and Adam McKay’s production company has taken an investment from esteemed venture capital firm Sequoia Capital to launch a new comedy video site.
The first video posted to the new site, FunnyorDie.com, has already been viewed more than 2 million times - it’s embedded below, and it’s pretty funny. The site will also accept user-generated comedy videos. Creators of popular clips will be “put on a private jet to Paraguay”, the founders say. Clips that aren’t funny are sent to “die”.
The site isn’t pretty, but we all know that the content is far more important - LiveLeak isn’t the prettiest of sites, either. Sequoia knows how to pick ‘em, and you can’t go wrong with Will Ferrel’s universal appeal.
About Sequoia Capital
Sequoia Capital provides venture capital funding to founders of startups who want to turn business ideas into companies. As the "Entrepreneurs Behind the Entrepreneurs", Sequoia Capital's Partners have worked with innovators such as Steve Jobs of Apple Computer, Larry Ellison of Oracle, Bob Swanson of Linear Technology, Sandy Lerner and Len Bozack of Cisco Systems, Dan Warmenhoven of Network Appliance, Jerry Yang and David Filo of Yahoo!, Jen-Hsun Huang of nVIDIA, Michael Marks of Flextronics, Larry Page and Sergey Brin of Google, Chad Hurley and Steve Chen of YouTube and Dominic Orr and Keerti Melkote of Aruba Wireless Networks. To learn more about Sequoia Capital visit www.sequoiacap.com.
Contact:
Mark D. Kvamme
SEQUOIA CAPITAL
kvamme@sequoiacap.com
