Dogster started as a satire on the (then) popular social-networking site Friendster — but it is a joke that has become a profitable business with revenue of $100,000 a month and other enviable “metrics,” according to VC blogger Jeff Clavier here (Jeff is a member of the syndicate of investors). It’s not the first Web 2.0 joke to get financing, however: Consummating, a dating site for geeks, also started as a joke and was acquired by CNET last year.
Does the fact that something which began as a joke got financing mean that financing for Web 2.0 companies is a joke? Feel free to discuss amongst yourselves. And have a look at possible buyout/financing candidates on this list. How long until Dogster using the million bucks to buy this site?