Beto Ochoa
cesarzambrano
epicsurvivor
jseedubya
Murder of Ravens
no2liberals
nuke
Robert D
swampie
bridget
vimto1
After agreeing to pay a whopping one billion six hundred fifty million dollars for YouTube, a company that has yet to show a profit – ever, I’m wondering a couple of things:
1) Are we on the verge of another stock meltdown in the tech sector? I mean, this is starting to sound a lot like those heady days of the late 90′s, when just the rumor of a hot tech stock was enough to make IPO gozillionaires out of companies with no tangible assets.
Maybe the Bush Justice Department will be smart enough to not go after Microsoft, or the telecoms, and just stay out of the game for the next two years. I’m hopeful, anyway.
2). If YouTube is worth that much, then how much will this web 2.0 hottie be worth in another year or so? Slideshare bills itself as the Youtube of Powerpoint. OK. I like it so far. Not a bad concept, at all. AAMOF, I wish I had thought of it, and had the geekability to pull it off.
Slideshare launched in beta, exactly one week ago. I think Powerpoint users are, by and large, a little bit older, with more disposable income than YouTube users. So, the ad bucks could be pretty nice. And, I’m sure Google is watching. They watch everything. Check it out.
Filed under: business and economy, Technology or Software
I have no idea what they would pay. If you want a complicated, lengthy, and tedious answer, you need to ask Mark Cuban.
http://www.blogmaverick.com/2006/10/07/some-thoughts-on-youtube-and-google/
I still can’t believe the Mavs blew it against Miami.
Who did what to who, now?
I don’t give a shiite about that game, just heard his comments on the goo-tube purchase on local talk radio the other day, and thought his thoughts on the subject were interesting. He knows a little about the wide-wide-world of the innernut. He also owns a company that films sport events for HD tv.
OT, but found this really good cartoon at Free Iran, photoshopped it a little(cropped it), and here it is…teehee!
http://img204.imageshack.us/my.php?image=tazinazieditedqr1.jpg
Google paid $1.6M for millions of youtube users. To compare millions of unrelated content clips to the business users sought after by SlideShare is apples and oranges.
Corporate accounts are the name of the game in this market. Business end-users are presenting content that is heavily proprietary and not a candidate for sharing on a community site – ain’t gonna happen. Thus, a different business model entirely.
No doubt Google’s engineers are already at work developing better versions of these same tools. If there is an acqusition, it will be the company with the most corporate users.
LimoWreck
Google paid $1.6M for millions of youtube users
Billion, not million, I’m sure just a typo, but significant, nonetheless.
No doubt Google is looking at developing a better version in-house. But their pattern shows a willingness to grow through acquisitions.
I guess I’m just old fashioned, in the sense that I would rather buy “bricks than clicks”, and no tangible assets throws up red flags for me.
I do agree with your statement regarding corporate users.
Thanks for stopping by.
nuke