History
In January 2008, FAIL Blog was launched. The site grew steadily in popularity; in May 2008, FAIL Blog was sold to Pet Holdings Inc. (now Cheezburger Inc.), becoming part of the Cheezburger Network. Ben Huh notes that FAIL Blog "really started to take off when the financial industry decided to — ahem — fail." As an example, at a Senate hearing in September 2008, a demonstrator held up a sign reading “FAIL” behind Henry Paulson., the former Treasury secretary, and Ben Bernanke, chairman of the Federal Reserve. By January 2010, FAIL Blog was receiving 1.1 million unique visitors per month.
Read more about this topic: Fail Blog
Famous quotes containing the word history:
“The history of all hitherto existing society is the history of class struggles.”
—Karl Marx (1818–1883)