10.10.2006
Video Message From YouTube Founders
It's official. Say hello to Chad and Steve, the worlds newest millionaires. Web-search giant Google has acquired YouTube for roughly $1.6 billion. The acquisition of YouTube makes Google the 500 gorilla of online video. And that's a perfect place to be at a time when consumers are rapidly increasing the amount of time they spend viewing video clips online, and Internet video advertising is booming.Thank goodness Rupert Murdoch didn't buy YouTube.
youtube | digg story | methodshop
Pimpin' Thoughts:
Everyone is worried that Google will become evil if they become big. Get over it. As long as their employees have as much power as they do now, it won't happen. And once it does, thank God we're in a free market and we can shun their products. That's how it works.
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They deserve their success. Hard core development, venture capital (for fast and furious servers). They did what it takes. They got what they deserve for their hard work. Bravo.
I for one, bow down before our new Geek Kings (paypal donation details provided on request if they are feeling generous). Will they be going in to space and setting up an Ubuntu rival?
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I for one, bow down before our new Geek Kings (paypal donation details provided on request if they are feeling generous). Will they be going in to space and setting up an Ubuntu rival?
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