Google Buys YouTube

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JUST TWO weeks after serial entrepreneur Mark Cuban made the comment that "only a moron" would buy YouTube, Google has snapped up the outfit for $1.65Bn.

I dont know if this is a repeat offender post but WOW, 1.65 billion ffs!!!


How much do you think it cost them to start youtube?


full story: http://www.theinquirer.net/default.aspx?article=34961

 

[APRIL]

What does ffs stand for?

 

[ERage]

What does ffs stand for?

for fuck's sake woman, don't you know anything?

 

[BeerAd]

What does ffs stand for?

 

[APRIL]

I've seen it before, but felt safe to ask this time around.

 

[ZRH]

And google probably thinks it a "small" acquisition.

Now if General Electric bought google... They could rule the world.

 

[ERage]

Urban Dictionary for defining Forum Acronym slang ftw.

Plus they have an entry for ERage

 

[BeerAd]

And google probably thinks it a "small" acquisition.

Now if General Electric bought google... They could rule the world.

Well if you think of how many visitors it gets on a daily basis and how many videos are watched it pretty much is, well to them anyways.

Can you imagine that shit, iirc they were only like in there early 20s

 

[APRIL]

Urban Dictionary for defining Forum Acronym slang ftw.

Plus they have an entry for ERage

Oh geezus.

 

[ZRH]

Well if you think of how many visitors it gets on a daily basis and how many videos are watched it pretty much is, well to them anyways.

Can you imagine that shit, iirc they were only like in there early 20s

Their*

And yes they were. I was in my 12s though so I never had a chance.

 

[theacoustician]

The transaction was entirely in Google stock, not real dollars. So basically Google took over a zero net income company with overvalued stock. They bought nothing with nothing. That's rather amusing.

 

[BeerAd]

Their*

And yes they were. I was in my 12s though so I never had a chance.

How longs Youtube been around???

 

[ZRH]

The transaction was entirely in Google stock, not real dollars. So basically Google took over a zero net income company with overvalued stock. They bought nothing with nothing. That's rather amusing.

I'd say awesome, actually.

 

[theacoustician]

I'd say awesome, actually.

Awesome if they can leverage it somehow.

 

[ZRH]

How longs Youtube been around???

Oh I thought you were talking about google. Youtube's been round since early 05. I remember getting linked there in like March '05 for the first time.

 

[BeerAd]

Oh I thought you were talking about google. Youtube's been round since early 05. I remember getting linked there in like March '05 for the first time.

yeah, I hear that the 2 guys are like 23/24 years old. Can you imagine that though, you start a company for IMO next to nothing and then a little over a year later you sell it for 1.65 BILLLLLLLION, haha, craziness

 

[b_sinning]

I'd immediately sell a portion of the stock just to get some cash out of the deal.

 

[ZRH]

yeah, I hear that the 2 guys are like 23/24 years old. Can you imagine that though, you start a company for IMO next to nothing and then a little over a year later you sell it for 1.65 BILLLLLLLION, haha, craziness

Well... 1.65 billion in equity. They can still lose it all

 

[BeerAd]

Well... 1.65 billion in equity. They can still lose it all

I dont see google going anywhere anytime soon

 

[theacoustician]

yeah, I hear that the 2 guys are like 23/24 years old. Can you imagine that though, you start a company for IMO next to nothing and then a little over a year later you sell it for 1.65 BILLLLLLLION, haha, craziness

Except they've been operating at a loss, have to pay back VC, and then you actually have to sell the stock before you have even a single penny. Not to say they won't end up rich, but its not as rich as it looks on first blush.