Its official!!!!!!!!!!! Google is buying Youtube

**shuki** · 10-09-2006, 12:25 PM

http://quote.bloomberg.com/apps/news...d=aHMkfNNtCmcU

**madawgz** · 10-09-2006, 12:26 PM

wow, thats um...

they are taking over the world...

**born2blog** · 10-09-2006, 12:27 PM

I figured they would

**Dirty Dane** · 10-09-2006, 12:29 PM

If you cant beat them, buy them

**squishypimp** · 10-09-2006, 12:30 PM

google is slowly gonna rule the internet.

**shuki** · 10-09-2006, 12:36 PM

Originally posted by Dirty Dane

If you cant beat them, buy them

good point

**TimBlaze** · 10-09-2006, 12:38 PM

Originally posted by Dirty Dane

If you cant beat them, buy them

**Fred Quimby** · 10-09-2006, 12:50 PM

I wonder what % is owned by Sequoia Capital

**madawgz** · 10-09-2006, 12:51 PM

Originally posted by Dirty Dane

If you cant beat them, buy them

soon google will want to buy cnn or something

**BusterBunny** · 10-09-2006, 12:51 PM

bill gates is gonna lay the smack down if these guy's get any bigger

**Klen** · 10-09-2006, 12:53 PM

Originally posted by madawgz

soon google will want to buy cnn or something

Btw microsoft have nbc so that will be logical step

**shuki** · 10-09-2006, 12:58 PM

Originally posted by Fred Quimby

I wonder what % is owned by Sequoia Capital

They are saying around 25-30% about $480 mill. Not bad for a 1 year investment if you ask me

**shuki** · 10-09-2006, 12:59 PM

http://investor.google.com/webcast.html

**shuki** · 10-09-2006, 01:02 PM

checkout this webcast it is very interesting

**shuki** · 10-09-2006, 01:20 PM

http://www.marketwatch.com/News/Stor...ktw&dist=nwhpm

**V_RocKs** · 10-09-2006, 01:28 PM

$1.6 billion seems like a lot... But then you have to remember that YouTube makes ZERO money and has to pay $100 million a month for their BW... So Google is just paying to bring it out of the red and then who knows how they will monitize it...

But the original investors aren't making all that much since Google is just paying off its bills...

**Violetta** · 10-09-2006, 01:32 PM

now that is NEWS

**JimiJimi** · 10-09-2006, 01:40 PM

Originally posted by V_RocKs

$1.6 billion seems like a lot... But then you have to remember that YouTube makes ZERO money and has to pay $100 million a month for their BW... So Google is just paying to bring it out of the red and then who knows how they will monitize it...

But the original investors aren't making all that much since Google is just paying off its bills...

Google video has a "Purchase Video" button aka VOD $$$.

**Cash** · 10-09-2006, 01:55 PM

YouTube sold to Google for $1.65 bn.
http://news.yahoo.com/s/ap/20061009/...google_youtube

**WebairGerard** · 10-09-2006, 02:09 PM

amazing how big Google has become

**topshelfdesign** · 10-09-2006, 02:12 PM

thats a sale and a half!!

**cyberstar** · 10-09-2006, 03:04 PM

Originally posted by squishypimp

google is slowly gonna rule the internet.

going to?....

**axelcat** · 10-09-2006, 03:12 PM

thats a huge buy

**ArkansasDave** · 10-09-2006, 03:20 PM

$1.6 billion, thats a lot o' $$$!
think google is going to take over the UN next

**kenny** · 10-09-2006, 03:41 PM

That website is just waiting for a lawsuit

**datatank** · 10-09-2006, 04:09 PM

Originally posted by V_RocKs

YouTube makes ZERO money and has to pay $100 million a month for their BW...

that sure is alot of money LOL

**Vitasoy** · 10-09-2006, 05:09 PM

Google wants a piece of everything

**rodney25** · 10-09-2006, 05:35 PM

I wonder what will be next on their 'soon to buy' list.

**reynold** · 10-09-2006, 11:57 PM

Next thing will be MySpace and Yahoo.

Its official!!!!!!!!!!! Google is buying Youtube

Its official!!!!!!!!!!! Google is buying Youtube

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