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YouTube Cashes In On Yahoo Exodus

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Gideon Yu, Yahoo treasurer and senior VP for finance, can be listed among the executives and staffers leaving Yahoo for startup companies and a chance to cash in on a fast run-up in value a new company offers those on the ground floor.

YouTube enticed Yu away from Yahoo to be its chief financial officer. He will join Tony Nethercutt, who also ditched Yahoo for the opportunity to join YouTube and run its advertising sales team. The Wall Street Journal

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