YouTube: Google Wins The World Series Of Poker

(via 247wallst.blogspot.com)

Yikes! Google just spent $1.65 billion for YouTube. I agree with the author of this story that this was a risky move. I guess Google viewed their Google Video product as a failure and decided to throw some serious money at the problem to maintain their online property lead.

Submitted by George on Tue, 2006-10-10 08:51. | Tags:

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4 points

Google/You Tube

Submitted by GrandPa18 on Sat, 2008-01-19 17:24.

Google buying YouTube made perfect sense. The price may have been high, but it was not outrageous by internet standards.

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2 points

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