AOL to distribute Fox content online; 'Paypal Mafia' drives Silicon Valley startup investment

More online video news from across the web:

> YouTube MCN star Michelle Pham launched her new online video network, ICON, in the U.S. and UK. Story

> AOL will begin distributing Fox Sports content online. Story

> Apple wants the TV programmers it ultimately signs carriage deals with to provide their own streams on its planned OTT service. Story

> Facebook introduced Riff, a collaborative app that allows its users to post 20-second videos that their friends can build upon with their own video clips. Story

> Nielsen and the TV industry need to hurry up with the standardized TVE measurement, already. Blog post

> OTT viewers have limited patience when it comes to poor streaming quality or excessive interruptions. Story

And finally… The "Paypal Mafia"--a group of former Paypal executives who now invest in Silicon Valley startups--has a reach extending to most of the top tech companies, from YouTube to Facebook and more. Story