Saturday, November 11, 2006

VC Ratings: Veoh's $1.65 billion mistake

but Shapiro explained that the reason for Veoh's slower start was the fact that it spent a lot of its time focused on solving the hard problem of moving large pieces of video data instead of doing what YouTube did, which was to focus on allowing its users to upload and share short clips. "We should have focused on the bigger problem later," he said.

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