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View Full Version : May YouTube Clone Veoh Rest in Peace [Veoh]



retroremakes
February 11th, 2010, 22:05
Apparently Veoh Networks (http://gizmodo.com/tag/veohnetworks/), an online video company vaguely similar to YouTube, has "laid off its workforce yesterday and is expected to file for Chapter 7 bankruptcy protection."
It's sad to see the site go under as a few of us have fond memories of using the service, but what's sadder is seeing about $67.5 million in venture capital funding evaporate into nothing. [peHUB (http://www.pehub.com/63511/vc-backed-bust-veoh-networks/)]


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http://feeds.feedburner.com/~r/gizmodo/full/~4/nO5jUNoRU6M

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