Show me the money.
Here’s a story that is either the sign of an enormous bubble or an indication that perhaps entrepreneurs need to have a bit more faith (literally and figuratively). GodTube, the YouTube for the religious, has raised $30 million at a $150 million valuation, according to Rafat Ali. The funding comes from GLG Partners, a hedge fund. [via Mashable]
GodTube was only launched last summer by Chris Wyatt, a seminarian from Dallas Theological Seminary and now reportedly has about 2 million users.
I don’t want to sound like a hater or Doubting Thomas here. I’m happy for the GodTube folks since they must have worked really hard. But I have to admit that when it came out last year, I rolled by eyes and dry heaved. To be honest, I still don’t get it but hey, more power to them! Take over the world. In all seriousness, congratulations to them and I hope they’ll use their company to not only edify the body of Christ but be missional. There I said it.
But heck. Now, I’m thinking what ideas can we come with that can be knockoffs of the larger pop culture. Or if you want to be nice, you can say “inspired.”
- How about Faithbook?
- How about HISSpace [get it?] or GodSpace?
Am I good or what? Who wants to give me 30 million dollars?
What are your brilliant ideas?