What Sank Veoh and Joost? Too Much Cash Too Soon.

In the past few months, two of the highest-profile and most heavily-funded online-video startups–Veoh and Joost–have given up trying to compete with Hulu and YouTube and have now drastically switched their business models in hopes of surviving.

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This is a section of the AllThingsD Web site featuring posts that have been curated from around the Web: pieces we’ve read, discussions we’ve followed, stuff we like. Five posts are included here each weekday, but only the headline and the first two sentences. We link to the original site for the rest. The section is explicitly labeled, so it’s clear that content comes “from other Web sites.”

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