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Youku.com, Chinese video website, raises $40M
If it really works then it would be an obvious buyout choice for Yahoo, Microsoft or IAC. If it really, really, really works then it could be an obvious buyout choice for Google.
But that's a very big "if." Obviously some pretty smart people have put 12.5 million into the thing and have seen at least something that they kind of like.
Like the guy in the video said, I guess we'll see in a year, won't we.
On the other hand, this video proves that even pre-product start ups need a VP of Marketing teaching their founders how to position the company and their (coming) technology.
Messaging 101.
Was that the new business english? Does he talk often - put a lid on it!
Visit http://www.surf2earn.info to learn how to make money for nothing ;p
http://venturebeat.com/2006/12/15/the-ff-class-...
Smells like a pump and dump.
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