Written by queen mudder

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Saturday, 18 June 2011

image for Spoofify valued at $10bn after funraising
The writers could all become squillionaires...

Wall Street, NYC - The UK satire streaming site Spoofify has raised enough Wall Street $$$s to value the company at $10 billion ahead of the eagerly awaited American launch.

A series of key moves with popular comedy blogging sites Farcebook, Squitter and online spread-yer-legs-betters Aintgottaptayer.con sees the UK site's owners set to zoom to the top of the Funday Times That's Rich! list.

The site's success is said to be rooted in its freemium business model that allows spoof writers unlimited opportunities to publish their rants - interspersed with adverts promoting, er, stuff.

Critics have previously claimed that Spoofify would face a tough atmosphere in the USA because of certain vegetable-themed (don't ask!) competitor sites' market dominance.

But website administrator/proprietor Lord Lowton of Barking, Isle of Dogs is confident of next month's Wall Street flotation.

In his first interview with the US media today Lord Lowton said "WTF?"

His comments were being studied by the mergers and acquisitions division of Goldman Sux bankers with great interest.

Lemon Brothers went bust in 2008 after failing to see the funny side of the Enron debacle.

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The story above is a satire or parody. It is entirely fictitious.

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