Google has agreed to acquire top video entertainment site YouTube for $US1.65 billion in stock, putting a lofty new value on consumer-generated media sites. DT l Reuters
not long ago Charlie Rose had co-founders Chad Hurley and Steve Chen on the show and they said YT had been funded off of two loans i think totalling only something like 11 million bucks.
1.65 billion???
wow.
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not long ago Charlie Rose had co-founders Chad Hurley and Steve Chen on the show and they said YT had been funded off of two loans i think totalling only something like 11 million bucks.
1.65 billion???
wow.
take a site. make it good. google buys it.
anti-trust control for internet?
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