Looks like even the founders of YouTube are having trouble keeping a straight face over this one: http://www.youtube.com/watch?v=QCVxQ_3Ejkg
Wendy Davis from search insider had a great article today. In it she wrote the technology that Google bought cost somewhere around $100,000,000.00 and they already had the technology in place so that dollar amount is flushed down the toilet. So what Google bought was the user base which cost $1,500,000,000.00 Seems a pretty damn stupid waste of money considering most of the YouTube crowd probably already uses Google... I would bet Google looses at least 30% of that user base, as that amount seems a good estimate, at the amount of people soon to be alienated by the purchase. Bright minds?????
Haha If I had billions of spare cash lying around I'd buy it. They should buy Yahoo just to be the badass 'in your face im rich bitch' (es) of the internet. Still, combining two of the biggest sites on the net can't be bad. Wonder if they'll buy things like craigslist as well.
IMO, Google will lose out on this. They must have some great ideas in mind and think they will earn it back to be willing to pay that. Man, those YouTube guys must be livin it right now.
youtube shall be a very good company... PR jumps from PR5 to PR8 this update http://livepr.ezer.com/index.asp?livePR=www.youtube.com
This thread is definately comic relief...I love it when guys making like $5 a day post about how stupid Google is and how they are throwing away money for no reason, etc
1.65 you made a typo. If I was them I would move to some awesome island and just sit on the beach all day long and enjoy life.
It seems like whenever there is a good idea like digg or youtube or myspace there are ten to fifty start-ups chasing after the same wave, trying to get rich, and my bet is THAT THEY ALL DO, so what if metacafe or the many smaller video players only make 1/100th of what the youtube founders made? they can still retire. Eric