Google’s First Salvo to the Internet Giants?

Update from Venturebeat: Artis Capital Management, a hedge fund in San Francisco was also an investor in YouTube, something previously undisclosed. Artis co-invested in YouTube with Sequoia Capital in the startup’s $8 million Series B this spring, according to PE Week. In two rounds of funding, YouTube raised $11.5 million.

“I feel lucky!”, says Michael Moritz hypothetically, after his success in the recent Google deal.. Is he the “Warren Buffett” of the VC world?

I have one huge question mark lingering in my head: with all the talk about Gootube over the news wires and blogosphere, (including a few kinda sour and scornful posts from Mark “You-all-are-moronic” Cuban), where does that leave the rest of the Internet giants such as EBay, Amazon, FIM, Microsoft and especially Yahoo? Are we going to see a knee jerk reaction from these folks?

Stay tuned…