Sequoia investment BlueCollarOrDie dies
Investors — including top Valley VC firm Sequoia Capital — plan to kill FunnyOrDie spinoff BlueCollarOrDie, recently relaunched as Kung Fu Todd. Veteran TV producer and investor Larry Lyttle blamed the Internet for not attracting enough of the right kind of audience — people who like jokes that begin with the phrase "You might be a redneck." Lyttle told The Hollywood Reporter the site draws only 20,000 unique visitors per month. Our theory as to why is less complex even than Lyttle's: It's just not very funny. Check out "Hot Teacher," the site's "most buzzed" video and see for yourself.