YouTube’s Head of Monetization Quits, Joins Cooliris

Google’s senior-executive exodus continues. YouTube’s head of monetization, Shashi Seth, has now left the company to become the chief revenue officer of Menlo Park, Calif.-based start-up Cooliris. In his new job at the start-up, which has raised some $3 million in Series A funding from Kleiner Perkins Caufield & Byers, Seth is going to help develop a new business and advertising model.

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