Ben Huh chats with Microsoft’s Channel 9 about the early days at Cheezburger and offers some wise advice based on the lessons he picked up from the failure of his first company.
“What great entrepreneurs do is that they find an opportunity where other people see none,” said Huh.
That certainly was the case with Cheezburger. After all, who could really imagine a business built on the back of cat photos with funny captions?
In the video, Huh goes on to offer some of the lessons he lessons from his past startup venture in 2000 when he made all of the mistakes in the book.
“This time around, I said I am going to be frugal, I am going to save my cash, I am going to find the best people that I can possibly find, and I am going to be very, very product focused. But I am not going to be ashamed of making money.”
Speaking of Cheezburger, the company just rolled out a new site called Pokememes in order to classify Pokemon memes.
Cheezburger, a network of more than 50 comedy sites, raised a $30 million venture capital round from Madrona, Foundry Group and others earlier this year.