July 05, 2006

Metacafe Gets $15 Million in Funding as Movie Sex Scenes Drives Traffic

For those of you that don't know, Metacafe.com is another one of those YouTube clones that has now received $15 million in venture capital funding. The site says they are different because they only let the best videos on their site thanks to a proprietary filtering system. Some filtering system!

If you peruse the videos, many of them are "soft porn"-ish clips of commercial movie sex scenes. Just like YouTube and Naptser, the company has been able to ride the wave of piracy to create millions of website visitors and then get a ton of money in VC funding. To see what I mean, so a search of "sex scene" on the Metacafe site with the family filter turned "off" (in upper right corner).

In fact new sex scenes are posted practically daily and are able to get through their proprietary video filter that only lets the "best" videos get through. I mean do these VCs even do any due diligence before they hand over the big checks?
Permalink - Discuss