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Veoh Cuts 20 Percent

socalTECH

Los Angeles- and San Diego-based Veoh (www.veoh.com), an online video sharing site, has laid off 20 people, or roughly 18-20 percent of the firm's employees. Veoh said that the firm, although doing well financially, could not predict how soft the online advertising market will become, given the economic challenges of today.

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Gorilla Nation Extends Canadian Wins, Signs Dailymotion.com

socalTECH

Los Angeles-based Gorilla Nation , which provides representation to web publishers, said today that the firm has signed on to represent the ad inventory for Dailymotion.com in Canada. Dailymotion.com is a video sharing site. Tags: gorilla nation online advertising dailymotion video canada. READ MORE>>.

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Interview with Richard Yen, Saban Ventures

socalTECH

In what looks to be a challenging funding climate for entrepreneurs, we thought it would be interesting to talk to one fund which is still making investments--Saban Ventures (www.saban.com)--a new, digital media focused venture capital fund located in Los Angeles. What's your ideal investment opportunity?

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Interview with Richard Yen, Saban Capital

socalTECH

In what looks to be a challenging funding climate for entrepreneurs, we thought it would be interesting to talk to one fund which is still making investments--Saban Ventures (www.saban.com)--a new, digital media focused venture capital fund located in Los Angeles. What's your ideal investment opportunity?

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