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Summary:

YouTube’s head of monetization, Shashi Seth, let us know this morning that he left the company to become the chief revenue officer of startup Cooliris. Seth will be working on a business and advertising model for the Menlo Park, Calif.-based immersive browsing toolmaker, which has raised […]

YouTube’s head of monetization, Shashi Seth, let us know this morning that he left the company to become the chief revenue officer of startup Cooliris. Seth will be working on a business and advertising model for the Menlo Park, Calif.-based immersive browsing toolmaker, which has raised some $3 million in Series A funding from Kleiner Perkins Caufield & Byers.

Google had moved Seth, who had formerly been its product lead on search, over to be YouTube’s head of monetization in January 2007. He was responsible for YouTube’s overlay video advertising product — see our interview with him from when that product launched.

“I think part of being a Googler is that you like smaller environments, and I think Google got a little big for me,” Seth told GigaOM today. Head over there to keep on reading.

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