I’m sure there are plenty of quotations about how a person’s true self is exposed not by success but by struggle. Dmitry Shapiro, Veoh’s founder & CEO, posted today re: closing their business and heading towards bankruptcy, a difficult realization for any leader. Dmitry’s note represented him the way i’ve come to know him – as a passionate, truthful and introspective guy. We first met on a panel several years back and although our sites were to some extent competitive, there was never animosity. We were building the same vision to help media of all sizes come online. Veoh stood up for their rights in lawsuits and won a summary judgment against Universal Music Group.

Best of luck to Dmitry and the rest of the Veoh team.