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YouTube: $11.5 million, 176 million page views/month

Backgrounder about YouTube from the Associated Press (April 9; via Newsvine):

For now, the 25-employee YouTube is subsisting on $US11.5 million invested by Sequoia Capital, the same venture capital firm that helped launch Google. Hurley and Chen hope to start selling video ads soon …But that might pressure the company to do more to block pornographic videos. Though such clips violate YouTube’s policy, the AP recently found footage of strip-teasing women and of graphic sex scenes promoting other porn sites. YouTube aggressively removes such material after it receives complaints, but not before thousands watch.

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Categories: video