Sequoia Capital Backing New YouTube-type Site Called 'Funny or Die'

Sequoia Capital is backing a web site called Funny or Die, which produces short videos with celebrities. Sequoia Capital is the venture capital company that put up some of the original funding for Apple (AAPL), Google (GOOG), Yahoo (YHOO) and YouTube. Their initial big hit is called The Landlord, with Will Ferrell and a two year old girl who uses inappropriate language. The webvid got over 7 million views in 24 hours.