Veoh is raising a round, claims to be pretty big and growing
Updated with more information from the company
Online video startup Veoh is in the process of raising a $40 million round at a proposed $150 million valuation and has hired investment bank Bear Sterns to help with the effort, Silicon Alley Insider reports.
San Diego-based Veoh is a distant competitor to market leader YouTube, but still claims to be growing at a healthy rate. The site features user-created videos, clips from partners such as the Independent Comedy… Continue Reading
Case closed: Non-competes aren’t good
I’ve been watching the debate raging over the past five days about non-compete agreements, those clauses in employment contracts which forbid an employee to go work for a competing company.
It’s time to weigh in favor of getting rid of them.
Venture capitalist Bijan Sabet kicked off the debate, saying his venture firm Spark Capital is going to stop requiring them from the companies he invests in, and calls for other companies to drop non-competes too. He… Continue Reading