READ: The Ten Most Amazing Sentences in New York's Big Buzzfeed Story (PHOTOS)
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Last night, during the Mad Men season premiere, New York magazine published the definitive account of internet animal-photography-distribution platform Buzzfeed. Here are some of the coolest things we learned about Jonah Peretti's awesome advertorial platform:
1. "The rush of creating something viral was vertiginous, intoxicating."
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2. "Like a joyful scourge, Peretti is simultaneously fanning the flames that are disrupting the old media business model and promising that he has constructed a new, lucrative one."
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3. "Thin and angular as a whippet, Peretti was dressed in a Power Nerd ensemble: collared shirt, beige sweater, square glasses."
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4. "[Peretti], by contrast, doesn't care whether a post is produced by a journalist or sponsored by a brand, so long as it travels. He's a semiotic Darwinist: He believes in messages that reproduce."
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5. "…Peretti had a genius for propagation."
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6. "Memes are easy to make, but virality depends on novelty, cleverness, and luck, all of which thwarts the duplicative craft of advertising."
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7. "Watt's calculus looks like this: n = pN (1+ R+ R2+ R3 +K) = pN/(1– R)."
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8. "Social networks, with their unforgiving chorus of voices, can be dangerous places for brands-as Peretti knows from experience, viral stunts can backfire."
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9. "Peretti usually presents a cheerful exterior, but that kind of talk inflames his ego. 'Could you make a list of cute animals that gets 5 million views?' he snapped when I mentioned Graf's comment that night at the bar. 'It's actually really hard.'"
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10. "Peretti complains about 'obstructionist agencies,' and when he looks at advertising-with its four dominant holding companies, rococo bureaucracies, and reliance on a lucrative television medium now threatened by ad-skipping technologies-he sees an industry ripe for disruption."
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