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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.

Veoh 124
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Get to Know Richard de Silva of Highland Capital

Both Sides of the Table

He then worked in consulting which gave him a broad base of business experience working with the newspaper, cable, and advertising industries. So it is a combination of markets and people. The contextual ad market was attractive. Initially it was a UGC site that competed with sites like YouTube and Veoh. 40:30 –41:30).

Capital 265
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Interview with Richard Yen, Saban Ventures

socalTECH

For example, our existing portfolio is content related--Next New Networks, which is in online video, creating content for super distribution on multiple sites like YouTube, Metacafe, AOL Video, Veoh, and others--happens to be a content company. What's your prior experience and how'd you get into this? What's your ideal investment opportunity?

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Interview with Richard Yen, Saban Capital

socalTECH

For example, our existing portfolio is content related--Next New Networks, which is in online video, creating content for super distribution on multiple sites like YouTube, Metacafe, AOL Video, Veoh, and others--happens to be a content company. What's your prior experience and how'd you get into this? What's your ideal investment opportunity?

Capital 100