Volpi Leaves Joost for Index Ventures

Just a few days after announcing that video portal Joost would restructure and refocus on providing white-label online-video platforms for media companies, former CEO Mike Volpi, who said last week that he was staying on as chairman, announced that he will become a venture partner with Index Ventures, one of Joost’s investors, Silicon Alley Insider reported.

Index and Sequoia Capital invested $45 million in Joost in 2007 and appointed Volpi CEO.