Youtube.com -- one of the hottest Web 2.0 companies announced earlier this month that Sequoia (a premier Bay Area VC) was funding their expansion by investing $8 million in a Series B investment.

Note, this is in addition to the $3.5 million Series A investment for YouTube.

Again, there are few details on how the money will be used, or the implied valuation. However, I have a few conjectures:

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