Quote:
Originally Posted by kane
As far as I'm aware YouTube has still yet to make a profit for anyone other than the guys that sold it to Google. The only reason it hasn't gone under is because it is propped up by Googles huge wad of cash.
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Pretty much. Internet-changing site it may be, hugely profitable it is not. Twitter is in pretty similar territory, except I wouldn't be surprised if when all is said and done, Twitter will rise for a bit more then tumble down to the next big thing while the owners stay with the sinking ship wondering why they didn't sell it when it was near its peak. Meanwhile, the Youtube guys and their lineage don't have to worry about shit for a looooooong time.