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Industry Moves: Former Joost CEO Volpi Lands At Index Ventures

So much for any of the whispers that had Mike Volpi moving to another executive operations role — less than a week after stepping down as CEO of struggling video company Joost, Volpi has surfaced as a partner at venture capital firm Index Ventures. Index was one of the investors in the $45 million round for Joost, which helps explain why Volpi is staying on as chairman while the company, which failed to capture a significant portion of the video portal market, tries to get sale worthy by switching its role to service provider.

He’ll be based in London “as part of the venture team where, Index says, he “will lead early stage investments in the Internet, telecom/networking and media sectors and contribute to the firm