Oct 10 2006
Google snaps up YouTube for $1.65B
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Did you see this coming? I remember telling my business partner Jonathan about a year ago that Google, Yahoo, Interactive Corp or one of these companies would buy out YouTube for over $1 billion. In today’s online world, content is once again King. Page views and traffic create value and controlling the content is the desire of every Portal.Â
So what is the next play? We’ve seen text, audio, photos, phone, and now video. What becomes the next content offer that will create a billion dollar company?
