YouTube Inc., operator of a hit Web site for videos, has hired Yahoo Inc. Treasurer Gideon Yu to join the startup as its first chief financial officer, according to the Wall Street Journal.
I believe watching what Yu does at YouTube will be one barometer of the health of online video. If he exits quickly, there may not be alot real revenue in their formula. Could it be they are queuing up an IPO? Shopping it for private sale?
It will be interesting to see what Yu and VP of Sales, Tony Nethercutt, can do.