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Remember ViralNova? (Sold $100M)

LightHouse

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cash and stock deal that could be worth as much as $100 million if Zealot appreciates in value.


Wow, BI... No shit. I could be worth 100M if my stocks appreciate too!
 
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Dwight Schrute

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Never heard of that site before, so I took a look today...

WOW! I nearly wasted 20mins of my life there! Wonderful clickbaits.

100 millions for that piece of crap?
Seems like the time-wasting industry is still booming.
 

MJ DeMarco

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Nice article about the founder's process.

Also touches on the risk of control, relying on Facebook, Google, etc. in which this founder, beat-- multiple times!

http://www.bloomberg.com/bw/articles/2014-04-24/scott-delongs-viral-nova-success-formula


Neetzan Zimmerman, until recently an editor for Gawker specializing in viral content, says Viral Nova and its ilk sucked up too much oxygen on Facebook. “Anytime you’re dependent on piggybacking on another site for success, there’s no long-term plan there,” he says. “Viral media, as we understand it now, probably won’t exist soon. Somebody will have to reinvent it.”
 

Ryan D.

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I'm pretty sure that site was one of the ones that started the whole click bait garbage. You feel more and more cheated after every single article. The content itself is pretty poor. They used to have some cool news/articles. Personally I'd rather participate on here or another site and actually better myself.

It kind of reminds me of the "world's wildest" type of shows.
 
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theag

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I'm pretty sure that site was one of the ones that started the whole click bait garbage. You feel more and more cheated after every single article. The content itself is pretty poor. They used to have some cool news/articles. Personally I'd rather participate on here or another site and actually better myself.

It kind of reminds me of the "world's wildest" type of shows.
Perfect example of how to make a shit ton of money "selling" to the 99% instead of 1%.
 

Digamma

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100 millions for that piece of crap?
Seems like the time-wasting industry is still booming.
This is exactly what I think every time somebody buys a Mercedes. My meaning being, people clearly like reading that crap, even if we don't.

The mistake many of us here do is thinking that it's "cheating" people and that those people feel cheated like we do. They don't. People want to kill time reading light stuff, and they want to be baited, seduced, and they want to share it with others like them to collect likes. A website like this provides tons of value to readers all over the world, and it's terribly arrogant to suppose otherwise. Arrogance doesn't make you money.
 

Dwight Schrute

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This is exactly what I think every time somebody buys a Mercedes. My meaning being, people clearly like reading that crap, even if we don't.

The mistake many of us here do is thinking that it's "cheating" people and that those people feel cheated like we do. They don't. People want to kill time reading light stuff, and they want to be baited, seduced, and they want to share it with others like them to collect likes. A website like this provides tons of value to readers all over the world, and it's terribly arrogant to suppose otherwise. Arrogance doesn't make you money.
I agree 100%.

"Be product agnostic. I don't care what I sell. As long as it sells." ~ JasonR
 
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