Rob Stokes

YouTube sold!

by Rob Stokes

2006/10/10

So GOOG has bought YouTube for $1.65 billion, that’s oodles for a company that’s making less than $20 million in revenues. But Google can afford to take risks and if they can find a way to make it work it may just pay off. If anything, it keeps YouTube out of Yahoo and Microsoft’s eager little paws which thickens the plot a little.


Here is a really great take on the whole thing from Mark Cuban, the guy who a few weeks back said that “only a moron would buy YouTube”.

Comments

what about the updates
now that youtube has over 1bn view/day

Posted by ahmed on 2009/10/11

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