Article Here It looks like an older one, but the comments are great.
Best comment so far from what I've read:
"Once again we must all remove our hats and marvel at the sheer idiocy of tech investors.
Only in the hilariously illogical world of the Internet can someone brag that their free product offering has an enormous number of "customers".
Let me give you a little tip McDonald's -- give away free cheeseburgers and you just might be able to sell the whole shebang to some toxic hedge fund at Bear Stearns for a healthy margin.
And it never ceases to amaze me that people laud YouTube as being "successful". Heh. With a billion dollars of muscle and zero requirements for profitability, exactly who couldn't be "successful"?
By the way -- in the offline world -- it's illegal to give product away below cost in the hopes of gaining market share. We call that "dumping". It's illegal because it puts the legitimate companies out of business.
It's a good thing we've reinvented a whole new form of logic for our online world. Things work so much better now that we've done away with silly concepts like monetization, profitability and copyright."
pretty much nails it.
