Veoh, Joost: Too Much Money Too Quickly?

Is there ever any such thing as too much money? Warren Lee, a partner in venture-capital firm Canaan Partners and author of blog Yet Another VC, seems to think so, in the cases of Veoh Networks and Joost. In an article for AdAge.com, Lee shares his opinion that those two struggling online-video companies received too much funding, too soon, which helped to speed their demises.