http://cnews.canoe.ca/CNEWS/TechNews/TechInvestor/2006/10/06/1964343-ap.html
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Let's see, two guys in their 20s founded YouTube, divided $1.6B in half that equals 80 million a piece. I'd sell it if I were them.
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Sweet, now they'll pretty much have a death grip on internet video as well as internet search. Why doesn't the SEC just go ahead and approve a Microsoft/Google/Intel/nVidia merger and get it over with? It'll remove all the annoying hassle of consumers having to choose and facilitate easy one-stop shopping for computer buyers, effectively removing yet another roadblock in our journey towards a truly utopian world! Hooray for monopolies!
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cuz Google is getting ready to release an OS and take on M$, of course.
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ProfessorChaos Notebook Consultant
last i checked....1.6b in half is 800 mil.... -
Google has an amazing track record.
I use there search as default, use G-mail, and Love there software. -
LOL I never knew YouTube traded on the NYSE. Are they a small company, or are they owned by a bigger company..?
I thought YouTube was just a small website put togeather by a couple of guys!?
I think the move in beneficial for both sides really. I don't think YouTube can manage all those thousands of Tera Bytes of videos. -
Well, they're no longer just talking. It's official
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That is pretty cool for them. I hope google doesn't change it around too much. Hopefully they leave it pretty much the same.
Tim -
In fact, YouTube is still run by a very small staff, less than ten people, if I remember correctly.
Hehehe Google's on track to take over the world! -
i find it amazing that everybody hates microsoft and loves google when google's main goal is to archive pretty much everything you do (surfing/searching habits, IM conversations, emails, video viewing habits, etc.) and use that information for $
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Actually, no. I don't hate Microsoft, but I don't exactly love Google either, if you were directing that at me.
Personally, I rarely experience all the complaints ppl say about Microsoft, like crashes, viruses, etc. -
not directed at anybody in particular, just a generalization
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69 employees to be exact, including the founders.
EDIT: Correction, it's 67. That's what I get for speaking from (poor) memory.
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Thank you for clarifying that mach_zero
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BTW, they just completed the purchase. No more rumor to it.
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Oww you beat me to it.
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1.65 billion?!?!?!?!?!?!?!?!?!?! For a company that makes NO money and has no business plan to make money? This scream dot boom all over again. Google are dumb for making this move I think. Now all those pissed copyright holders have someone to sue who can actually make a pay-out.
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Expect alot more AD's
But I like Google, they always have some neat ideas
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None of those were particularly convincing. I have seen several 'why this was good/smart' articles, none of them address the fact that it is impossible at this point to make money on a service like YouTube. Bandwidth costs are too high, which google does have solutions to, but also litigation costs a lot. And if they do succeed at keeping copy-protected content out, they will also succeed in killing their 1.65bn investment. I see no good in this for google. YouTube gets a lot of eyeballs, but I just don't see a way of monetizing that to the point where you will make more than you spend.
Google in talks to 'aquire' YouTube
Discussion in 'Windows OS and Software' started by coriolis, Oct 6, 2006.