It's blatantly obvious the content is ripped off other sites and it's not "user submitted" like they claim. These corporation is hated on the forums where it hunts for memes. It's disgusting.
I personally find this absolutely bewildering. I like cat pictures as much as the next guy... but $30 million? That makes them, what a $300 mil valuation? For funny pictures of cats?
No, really, what bubble.
this is literally ridiculous. what's this websites asset, besides the domain name? there are thousands of other blogs with funny pictures. and anybody can set this up in 5min by themselves. we're gonna hit a wall soon and hard.
Can you also get ~300 million pages views/month and 11.6 million uniques/month in 5 minutes?