Verizon is buying Jason Kilar's video startup Vessel and shutting it down

Verizon is buying Jason Kilar's video startup Vessel and shutting it down

Kilar won't be joining Verizon, but his co-founder, Richard Tom, will.

recode.net

Wow - I knew that Vessel was going through problems with financing... and looks they are being sold and then shut down. (Verizon wants the social features that Vessel has).

Were any of you on Vessel? They invited me to be part of it a while ago, but declined as the requests from me were too high compared to what the perceived value would have been.