• By Nicholas Carlson
    Feb 28, 2008 2:40 PM 641
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    Once again, Vanity Fair leaves geeks at the kids' power table

    Can a Yahoo rescue Veoh from its pirate founder?
    read more: #venturecapital, #dmitryshapiro, #onlinevideo, #veoh, #valleywag

    Another $40 million and Veoh will work, founder promises

    Veoh.jpgVeoh founder Dmitry Shapiro has hired investment bank Bear Stearns to find him another $40 million in venture capital. Shapiro's Veoh, an online-video site, took $26 million only last spring in a round led by Goldman Sachs. If Shapiro finds a $40 million sucker investor, that would set Veoh's value at $150 million. A preposterous surprising amount for a company with flat traffic and content pulled straight from Hulu.


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