In this paper we consider,
for 1 ≤ m < p < 2, the generalized KPZ equation ut= △(um) −|∇u|p. For m = 1, we
show existence and uniqueness of the so called very singular solution which is
self-similar. A complete classification of self-similar solutions is also given. For m > 1,
we establish the existence of very singular self-similar solution and prove
that such a solution must have compact support. Moreover, we derive the
interface relation. Recent experience with parallel equations where the gradient
term |∇u|p is replaced by up indicates that the self-similar solutions are
crucially important in study intermediate asymptotic behavior of general
solutions.