You Tube Site

And once you have discovered this site (a month ago for me) you will easily waste hours on it!!!!! Great site!
 
There is currently talk of Google buying them out for between 1.5 and 2.1 billion USD.

Hiya,

I recall seeing an article on TheAge (which I can't find now) in the last couple of weeks about how a US media baron (the name escapes me) blasted YouTube, saying that anyone who purchases the company must be completely mad.

His reasoning was something along the lines of how the only reason the site has not yet been sued for copyright infringement (for illegal videos, such as music clips, hosted on the site) was the lack of money behind its current owners.

Could be interesting to see if he's right after (if?) Google do purchase...

Cheers

James.
 
US$1.65 Billion.

Or US$24.6 million per employee.

For an 18 month old company.

Anyone getting why I see better returns in company creation than in property?

Cheers,

Craig
 
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