Apparently Veoh Networks, 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 some of us have fond memories of using it, but what’s sadder is seeing about $US67.5 million in venture capital funding evaporate into nothing. [peHUB]
cleverclogs
Friday, February 12, 2010 at 11:02 AMoh bollocks, I actually used Veoh, and found it far more pleasant to use than ‘tube.
Darcy
Friday, February 12, 2010 at 1:03 PMOh wow I thought it read Vimeo and I got real scared for a second there!