Tuesday, October 10, 2006

Google nets YouTube in $1.65bn takeover

The founders of the video website YouTube last night accepted a $1.65bn (£880m) takeover offer from Google for their 20-month-old venture, which has a big online following but has yet to make money. (Guardian)

6 comments:

  1. There are a lot of reviews on what problems Google is getting into. Youtube is slowly starting to hit the recording industry as a place where a lot of content is pirated and available. Once it starts getting attacked, and if the advertising model does not take off, this is one acquisition that could be a source of significant problem.

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  2. Ashish. I agree. Copyright issue can however be worked around. Like what guba.com has done. Now that Youtube has deeper pockets, should be possible.

    But again, this is a risky place now, and I am sure this is highly vulnerable a model. For the first time I will bet on Yahoo than Google. Quick growth cannot sustain always......

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  3. Ashish, Me,..... Yes. Being in such a place is tricky. The Yahoo angle you see is interesting. Let's see how this plays out.

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  4. Me:)..... I am not longer able to access your blog, via the profile... Could you send the URL of your blog?

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  5. Pradeep - I will check what happened. Direct link is

    leavesdelife.blogspot.com

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  6. Looks like Google understands this well and they have a new initiative called "New features, not new products" They now have too varied and sometimes confusing products from their labs, their 20% time, acquisitions and aspirations:)

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