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Thursday, February 11, 2010

Once a YouTube Challenger, Veoh Files for Bankruptcy [RUMOR]

Investors in the company included Goldman Sachs, Time Warner and Spark Capital, who were all eager to get into Veoh and a host of other video-sharing startups that raised massive amounts of funding after YouTube exploded and sold to Google for $1.6 billion in October 2006.

http://mashable.com/2010/02/11/veoh-bankruptcy/

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