Good news: Today Joost announced they raised $45 million bucks with power VC firm’s from around the globe and a YouTube hating media giant. The deal brings together Index Ventures of the EU, Sequoia Capital of Silicon Valley fame, and the Li Ka-shing foundation run by Hong Kong based billionaire, Li Ka-shing. The international focus of the money flowing into the coffers of Joost is telling as is the participation of the GooTube hating crew at Viacom. The real shocker isnt that Joost got a butt load of money, its that with all the MBA’s, consultants, researchers, futurist and pundits, that are employed by the media companies only Viacom was smart or savvy enough to get in on the deal.
I came across this YouTube clip on Spicy Gadget Roll of a Zune review on CNN. All I can say is OUCH! Its supposed to be one of those normal softball reviews TV networks are famous for and it starts off well enough but by the end Soledad has her iPod Shuffle out and they are debating the problems with MS design. Its too funny, you gotta watch it: