YouTube profitable executives depart for start-up

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Beijing Time June 4 News, according to foreign media reports, Google recently confirmed that its video-sharing website YouTube profit director Shashseth (Shashi Seth) has left, he will go to California start-up company Cooliris as the Chief Revenue Officer (CRO).

"Seth is a valuable member of Google and the YouTube team," says Google. We wish him a smooth sailing in his new job. At the same time, we are optimistic about YouTube's future earnings prospects. ”

A number of Google executives have previously left the company and have gone to other start-ups. The resignation executives believe that Google has entered a mature stage, and its market growth prospects are far less than the start-up companies. Prior to Cooliris has won a well-known venture capital company Kleiner several investments, the total investment of about 3 million U.S. dollars. Cooliris has developed a dynamic image browsing tool PicLens. After Seth joins, will assist Cooliris to develop new business and network advertisement mode.

At the moment, says Seth, Google is already a huge company and is more willing to work for smaller companies. He served on YouTube as chief revenue officer in January 2007. Some in the industry jokingly call the chief revenue Officer a thankless position.

Eric Schmidt, Google's chief executive, said shortly ago that Google's top priority in the future would be how to make YouTube profitable Schmidt. Recently, Google has developed YouTube's new online advertising program to strengthen the targeting of YouTube targeted ads.