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When a hot startup CEO goes to a retreat searching for a buyout and fails to bring one home, how does he spin it? Well, when YouTube's Chad Hurley didn't get a sweet enough offer from the heads of NBC, News Corp, and other guests at media mogul summer camp, he spun it by hinting that his company might go public.

Yep, YouTube, which is spending over $1 million a month on bandwidth alone, trying to ramp up from $0 to $1 million in monthly direct ad sales, and fighting a rising tide of competitors — YouTube, which isn't pulling in a profit, says Chad — is thinking about an IPO.

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YouTube CEO: IPO would be 'exciting' [MarketWatch]
Earlier: Feature: Why YouTube is about to die