Snooth quietly relaunched last week while it is working on closing a new funding round. The New York-based wine recommendation site started last January with $300,000 initial funding from international investors.

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At the Video 2.0 meetup last week I asked Rocketboom founder Andrew Baron what he thought about YouTube’s new ad scheme.

‘It’s a sign the industry is maturing,’ the vlog pioneer said. ‘Inevitably in the near future video advertising is going to be the number one most profitable way to make money online, as long as you can build a big audience.’

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