Google buys YouTube for $1.65 billion
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The following comments relate to this news article:
article published on 9 October, 2006
Search engine giant Google announced on Monday that it will acquire the video sharing phenomenom YouTube for $1.65 billion (appx. ?1.31 billion).
YouTube, which was found in February, 2005, became rapidly a global phenomenom, representing the "Web 2.0" ideology where users generate all the content available on the site. The site didn't exactly offer anything new or ground-breaking in ... [ read the full article ]
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Senior Member
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10. October 2006 @ 00:02 |
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wow that is a lot of money I wonder if YouTube still will be the same though under new management?
YouTube is great but I am wishing Google do not decide to change things too much.
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magkii
Newbie
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10. October 2006 @ 00:46 |
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I wonder who are in charge for this buying thing. Who work for Google? I really want to know. Because it seems to me that Google is mysterious, like, unreal or something.
Blogger was bought by Google also.
Google really concerns my curiosity.
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Senior Member
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10. October 2006 @ 02:46 |
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it is like Google want to own the internet or something.
And the reason they became number two in video sharing is because, in my opinion, it did have the ease of use that something like YouTube has, in terms of uploading and sharing videos.
If Google had tried to compete atleaset and try and take a leaf out of Youtube's book then maybe Google Vid might have stood a chance.
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SovMish
Account closed as per user's own request
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10. October 2006 @ 05:01 |
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Damn, 1.65 billion... damn.
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sleepele
Junior Member
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10. October 2006 @ 05:42 |
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hell thats pocket change for google. wish i had that money
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Member
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10. October 2006 @ 07:16 |
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unbelievable, it's hard to believe that that site grew that much in popularity for the 2 years it has been around, and only run by 67 people. Good for them, through some money this way for your loyal supporters.
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Senior Member
2 product reviews
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10. October 2006 @ 08:42 |
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Wow, its kind of hard to believe that Google just started as a Stanford college project and it took off. Then they started AdSense and other opportunities to make money and it skyrocketed their net worth. The founder and co-founders worths are combined somewhere close to $40 billion I think (Sorry I can't find a recent article on it).
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tocool4u
Suspended permanently
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10. October 2006 @ 09:39 |
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Quote: Damn, 1.65 billion... damn.
That really isn't THAT much to buy out a company. I know my dad's company merged with another for 40 billion and now they are at like 60 or 70 billion.
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Senior Member
2 product reviews
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10. October 2006 @ 09:44 |
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Its true tocool4u, 1.65 billion is chump change compared to what buying power Google has (according to this article, more then $10 Billion!). its just a little wierd to some people that it would cost that much for a website and company that hosts videos put on the site by ordinary people.
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craftyzan
Member
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10. October 2006 @ 12:19 |
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Don't forget the lawyer costs for when 8 yr old Suzy sings a Modonna tune into her hairbrush!
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Senior Member
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10. October 2006 @ 13:22 |
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It's was all up to YouTube on the set price. They could've always said No to the 1.6 Bill
who knows what the original offer on the table was or how long it took to settle on a price...
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Senior Member
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10. October 2006 @ 13:28 |
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I am just worried, I realy hope YouTube dont change for the bad.
I have many videos up there.
Does anyone think that Google might rid the site of the videos it already has and start fresh?
Not a likely possibility but maybe.
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Senior Member
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10. October 2006 @ 13:53 |
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How does a website like that make that there money?
I don't get it how can it be worth so much?
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craftyzan
Member
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10. October 2006 @ 13:57 |
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Advertizing adds a lot of bling to the pocket, then there's the share holders, the extra stuff that sold....who knows, but it adds up...
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josh99
Senior Member
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10. October 2006 @ 16:30 |
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amazing... who couldve though youtube would get bough in price like that.
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Member
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10. October 2006 @ 17:42 |
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Personally; I don't like the fact that google has to buy out every damn company on the net these days....it's like BluRay said---Google seems as if they want to own the whole damn internet:(
Although; I do like the google search engine; I also know that google's video site compared to Youtube is CRAP!!!
So; let's just hope that youtube stays the same it's always been; and that the thing that changes is that it's now run by a higher company;;;;
....To me though, this doesn't sound good....I wish YouTube would've stayed independant and kept slamming all the big internet kahunas on web traffic.....
...it was great to finally see for once that in like a 2 year period that such a simple idea could make something grow to be monumental...
A VERY FREQUENT youtube visitor;
Halen5150
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cart0181
Member
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10. October 2006 @ 23:46 |
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lol, you're all jealous... wait, so am I. $h*t YouTube sucks and it still makes tons of money. I wish I sucked that bad????
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xhardc0re
Suspended due to non-functional email address
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11. October 2006 @ 11:39 |
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GooTube, with free Adwords & extra toolbar downloads, coming soon to your desktop.
Mmmmmm crunchy :|
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Moderator
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11. October 2006 @ 12:11 |
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I only visit the site when I receive a link to a video hosted there.. It's a nice site, and I hope google helps maintain and improve its popularity.
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Senior Member
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12. October 2006 @ 01:44 |
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Goodbye YouTube, it was nice knowing you!
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Junior Member
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15. October 2006 @ 03:45 |
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Wish I could steal copyrighted content, put it up on a website (or let others put it up) and make millions in ad revenue, but it's illegal I thought.
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kishkash
Suspended due to non-functional email address
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15. October 2006 @ 13:19 |
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Google paid the $1.65 billion price tag using Google stock, this then sent the Google stock price up,making Google a profit, so really they paid nothing for YouTube...what a deal
I love this singer
http://www.youtube.com/watch?v=623cP3jpaLM
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B_runner
Suspended due to non-functional email address
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16. October 2006 @ 16:06 |
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Next thing you know, google is going to go after wikipedia even though you can't buy the damn thing. Google is turning into the digital manifestation of Microsoft. What happens if google and microsoft end up in bed?
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Senior Member
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17. October 2006 @ 08:05 |
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Microgoogle or moogle or micoggle maybe even googlesoft.
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cart0181
Member
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20. October 2006 @ 21:37 |
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lol, googlesoft
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