Only a few years old and they are already valuing the company in the billions????? Talk about the dot com days, seems any company that's in social networking or in streaming content over the internet is worth billions without even struggling to find an actual product to sell to consumers. I guess its all based off of nothing else but more advertising, more advertising and more advertising. Hulu prepares IPO amid battle with Netflix Fri Oct 8, 2010 10:46am EDT * Hulu IPO could raise $200 mln to $300 mln -sources * Morgan Stanley likely to lead underwriters -sources * Hulu could file IPO plan with SEC this year -source * IPO could come in first half of 2011 -sources By Clare Baldwin and Nadia Damouni NEW YORK, Oct 8 (Reuters) - Popular U.S. Web video service Hulu is prepared to raise as much as $300 million in an initial public offering likely to be led by Morgan Stanley, according to sources familiar with the matter. Hulu is ready to raise $200 million to $300 million in a deal valuing the company at about $2 billion, and could file a prospectus with the U.S. Securities and Exchange Commission before the end of the year, one source said.