A parody of the popular sports/energy drink, Gatorade.
Used as a noun when explaining you have haters.
Mark: Hey is that douche your friend?
Andre: Nah, he's been drinking Haterade ever since his girlfriend kissed me.
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The ghetto part of Hollywood.
Dave: Hey, I heard John was from Hollywood, is he rich?
Sam: Nah, he's from Hollyhood so he's not rich.
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