According to sources, Hulu is looking to prepare an initial public offering. While Hulu has run on advertising since the beginning, it only recently started a subscription model of $9.99 a month, a business model some say makes the IPO less than appealing.
“Way too early,” said Todd Dagres, a general partner at Spark Capital. “The jury isn’t back yet on their model. They haven’t proven people will pay. This is not about making money for public investors. I wouldn’t touch it.”
Source: Business Week {link no longer active}
