Google Acquires Youtube

Looks like Google is buying up Youtube


Google snaps up Youtube

I wonder if the copyright lawsuits will follow now that "Youtube" has deep pockets or if Goog will eventually kill it off and promote Google video instead.

HEard it was bought for over $1billion 

i saw the boys that created youtube, yeah they where smiling on cnn. money in the bag

Those dudes are in money man, and there are just in thier 20s.

While you are still wondering I am already developing my own idea online that will sell for a billion dollars plus.

I just came online last year and I wonder what you Nigerian geeks have been doing online all these years?

Google was created less than ten years ago and their search engine has sold out. Now they have added YouTube to their mega success.

Ideas are selling more than crude oil and cell phones.

I am not going to be left out.

See what I said here http://www.webproworld.com/viewtopic.php?p=328420#328420

yeah saw it good for those guys just goes to show that no idea is stupid.

My question to Seun is are there any big companies that'll be interested in buying your sit and also the You tube guys thanked all the contributors and i believe they even gave something to the main contributors to the site. What will be the gift to the main contributors to the site if you got paid or will you be a nif=gerian and just keep it to yoursellf.

Obviously i don't speak for myself as i only joined a few months ago but the likes of ife4love, mukina and others with 10000 plus posts. Don't mean those that repeat themselves or those with one word posts.

Seun, please comment

Expected, isn't it? Its a catalyst to their income model, that heavily depends on the stock market, or rather market value. How then could one explain of a company like google spending 1 billion dollars in acquisition !!

The internet marketing model used by google and many giants is a very beautiful scamming model, that does not depend on the income generated from the organization's operations, but rather depends on its market value(stock price etc), and hence all  it needs is to introduce frequent factors that catalyzes its market value, to sustain its tenure, the question is how long would that be?

How many of googles projects are income generating that amount to billions in revenue annually? I can only see the anchoring effect generated by their adwords revenue.

Their payment gateway what happened to it? So what product or services exactly is Google making money from apart from Adwords?

Well I guess very soon, the company would cashout yet again to raise funds, and the believers of the stock market would keep buying, considering the fact that the price is appreciating significantly, All I can say is Kudos to Google.

I hope Google has a great legal team, or else copyrights wahala would kill them.
http://news.bbc.co.uk/2/hi/business/6038116.stm

what copy right are guys talking about?

Needless to say Google's acquisition of YouTube is an inspiration to all aspiring entrepreneurs. I really would like to see an internet company built by Nigerians selling for hundreds of millions of dollars, if not a couple billion. We're very talented and gifted individuals (giant of Africa!) so there's not reason why we too can't cash in on technology and make these millions, if we put our minds to it.
   
@kazey:
You're very right. The north american model is all about 'projected revenue' and expectations. If you can convince shareholders that there will be a market for your product a few years down the road, you're cashing in right now, as opposed to when the market actually does present itself.

The fact that youtube does one thing (video) and does it well is also very important.  You don't have to remember a complicated website name like video.google.com.  Just type youtube.com and you're in!

Youtube's success is also partly because they chose a very dialup-friendly video format (FLV) instead of the bloated formats used by Google Video and others.   The willingness to host illegal videos and to allow people to embed videos on their own websites has also helped.  Unfortunately, their 'success' is neither sustainable nor profitable.

Google is planning to buy Youtube with stock, so the fools in this transaction are Google "investors".

Youtube's "enormous traffic" is clearly due to the fact that it hosts videos.  It has less eyeballs than Google.

youtue's success is very sustainable. it can only grow from what it already is with the combination of google. except you build up a plan to make it unprofitable then what you are saying is out of perspective

Seun,
You already answered your own question why Google Video is not popular in your reasons for the success of YouTube.

Google just wants to expand their empire and YouTube has the mileage and patronage. Google makes money from mileage.

I am not an expert in IT. But I know that Google cannot lose.

i quite agree with some of you and disagree with others. here in America business is run in long term not for short term as we always believe in naija,  Goggle saw great potential and went for it. Bill gate(microsoft) did it  and it paid very well for him. he buys up small potential companies.people don't just acquire or buy a company just like that, they must have done their ground work before dolling out that kind of amount. In economist we have what is call comparative advantage, produce what you have more advantage on and buy what you don't have advantage on, i that case i think goggle is right.