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Posts Tagged ‘Youku’

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Following closely on my last post, it was announced this morning that Chinese video site Youku.com raised $25 mil in funding in Series C funding, led by Brookside Capital Partners (affiliated with Boston’s Bain Capital). Of course, the press release says Youku.com is China’s leading video site, contrary to what Tudou says. Who’s the victor? Well, that’s hard to say. Though it appears the title goes to either Tudou or Youku, depending on your source. Either way, Boston is pouring money into them at a high rate.

But so far, no one has raised an eyebrow about the ethics of investing in companies that bow to censors. Maybe they should. And maybe in Kendall Square someone should be more worried about how Google is still getting played like a sucker.

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