posted on Oct, 7 2006 @ 09:26 AM
To all you guys who look at YouTube as a small fish in the Internet tank, your oh so wrong.
Sequoia Capital is the firm thats backing YouTube financialy, its the most prominent and important venture capital firm in the world.
As are many sites like MySpace and YouTube, they are setup, promoted and initialy make massive losses, to be able to start them up as widespread and
high traffic and high exposure as possible, with the soul purpouse of selling out as soon as possible for as much profit as possible.
When a site apears on the web and climbs to be top traffic ranked in a matter of months, you can be sure that it was setup with a corporate backing to