Video - Friday, July 28, 2006
Comcast + Turner Turn to Invest in Revver As YouTube Doors Shut
Now when YouTube's 29-year old founder Chad Hurley speaks it makes national news. Hurely recently spoke the words that he would like to IPO and stay independent. That must have pissed off big media companies who would want to buy YouTube, so they have invested in a lesser competitor. LA-based Revver Has Expanded Its Series B Round to $10.25M according to an amended regulatory filing, via PE Wire.
Read - YouTube CEO: IPO would be 'exciting' (Marketwatch)
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