David
http://www.davidhowellstudios.com
--- In [email protected], "Deirdre Straughan"
<[EMAIL PROTECTED]> wrote:
> As I recall it, the hoo-ha over Veoh's hijacking people's content
> happened about a week before the announcement of the funding. Perhaps
> that content had been in there a week or two before anybody in this
> group noticed. We then had the vehement discussion that everyone knows
> about, it was even picked up by some non-group bloggers and got some
> press.
>
> A few days later came the VC announcement.
>
> Did the presence of the misappropriated content mislead a VC into
> investing in Veoh? Several people in this group have implied or baldly
> stated as much.
>
> However, I would be extremely surprised if it were true. It would take
> a really stupid, impulsive VC to make an investment decision based on
> the content present on the site over a brief period of time. They
> would also have to have been completely out of touch with the world of
> online video not to have noticed the fuss over Veoh in this group and
> elsewhere.
>
> Things happen fast in high-tech investment, but not that fast, and
> these folks are not stupid. You don't dispose of $12 million without
> due diligence, which takes time, and means a lot more than a glance at
> Veoh's site.
>
> So can we please drop this angle of the discussion as silly and
> irresponsible? You are, after all, making quasi-criminal charges
> against the executives of Veoh, accusing them of acting to
> deliberately mislead investors. There are laws against libel, even on
> the Internet.
>
> --
> best regards,
> Deirdré Straughan
>
> www.beginningwithi.com (personal)
> www.tvblob.com (work)
>
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