YouTube worth $1 Billion? I shit you not.
 

At least that's what they are going for. Here's the story from today's NY Post:

dayuuumm

Backers always have high hopes PW :winkwink:

This shit is just insane

Boy he owes al gore a lot of gratitude for inventing the internet.

That's nuts.

I think you mean to say... Gawd Daaaymmm! :winkwink:

that's fucking insane

that too...

I just hope to get in on all these old line media company's insanity before they spend all of their aquisition money. At some point they will figure out they are paying too much for hype.

i'll give him $8.95 for it :1orglaugh :1orglaugh :1orglaugh

:error :error :error



:upsidedow


ok i will kick in for the script too lol:)

Damn nice shit

wow what a news..... is that true........?

I have something to add but in the fear of being banned I'll refrain from saying it.

It's not a rumor. Read it for yourself...

http://www.nypost.com/business/kys_t...tim_arango.htm

Holy crap.. talk about bling

Google should buy it, they REALLY missed the mark with their video site.

Way to much for what it is but hey if they can get it good for them.

thats fucking insane

What did they give Cuban for broadcast.com? 4 billion?

And it doesn't exist anymore.

wow, thats alot of fucking money!

i wonder how much cnn is worth :P

That's a good point. I don't know about you guys but it's looking like another bubble to me.

Youtube, at the rate its growing, will cost you $5 billions a year in bandwith bill. It's gonna take a lot of pop-ups and clicks on banners before those money is made back. Someone is gonna loose a LOT of money on that site, unless they buy it and use it to promote their own thing. Like a movie or record company.

considering how youtube took 3 series of funding, I doubt the founders have much of a slice left in the company.

The Internet is a series of tubes.

It's worth way more than $1 billion. Since facebook is hoping to reach $2 billion - http://www.businessweek.com/technolo...327_215976.htm - and is 67th on alexa. YouTube however is 17th on alexa which means it should be more pricey.

I think you is the n00b

I don't think any of this is just hype. The fact is that the internet is killing TV. This summer's TV ratings have been the lowest in history.

Once the technology is here to stream full screen high quality, you can kiss TV as we know it goodbye.

Good point, that doesn't have much to do with the overvaluation of YouTube though. That's for other companies, mainly the ones who own the content, to take advantage of. Read more on IPTV to get a full understanding of how that's to be rolled out on a wide scale over the next 5 years.

I'd be chomping to sell for that price...

wow......

where can i buy it? :) THAt YOUTUBE ? :))))

$1 Billion? For something that burns $1M a month, is easily replicable, owes much of its traffic from MySpace, etc. Hmmmmm. I'm not sure.

Then again, yahoo bought up Marc Cuban's Broadcast.com for a shitload back in the day.........

i would buy it if i had the nmoney

Indeed. Investors have seen that some internet companies are actually able to be profitable, and they're starting to throw stupid money around again.

We all know what happens to bubbles.

a billion is insane... how long to get a decent ROI with that amount?

lol crazy amount. I hope they sell for that much

Yep, investors just read the alexa data and cough up billions.

wow


Mr. Romance

damn thats a lotta money

with 100 million vids viewed PER DAY how could it not be worth that

100 million x 20 megabytes average = 1953125 gigs used daily

So make that monthly and that's roughly 2 million mbps used per month ... am I wrong ????

Bandwith issue...just not worth it
invest in something better

how much for gfy.com ??

I dont see the hype. Youtube is just painful to watch. Future content I suppose.

That's just rediculous. I don't see how they figure that it's worth anywhere near that. Sure it's a very popular site, but how do they plan on it generating such massive revenue? With the amount of BW that they go through, I just don't see it being as profitable as they would like us to believe. Just my .02

I was thinking the same thing... all these web properties have so many threats and weaknesses in their business models... not to mention myspace and youtube aren't making money.

i am just watching a youtube video as I read this ( my 5th one today already or so )

at the current 1-3 million burn rate per month... perhaps it's worth it for a large content-player to acquire YouTube just to promote their own offerings and add them to their online empire simply to brand their other properties. Even at the billion dollar pricepoint, it "may" be worth the burn rate and buyout. Estimates say that youtube owns nearly 65% of the internet video download market... I can see FIM(NewsCorp), Viacom or IAC buying them out to augment their own site portfolio, or simply as a promotional vehicle. Getting the full billion is unlikely (today)... just positioning... this way when a buyer offers half that amount, everyone will assume they got a great deal. :upsidedow

and yes, youtube is easy to clone, no/low barrier to entry, etc... but bigger & better companies have tried and failed miserably (Gg,Y!, etc)... youtube owns the marketplace... for now.

perhaps newsCorp will buy it to use it as an incubator for new talent, show ideas, content, etc for their channels. you can already see signs of that with what they are doing with ksolo + myspace + american idol...

either way... congrats to youtube. :thumbsup


.

ooh ooh you said ROI, you must be a businessman. :thumbsup

wow, thats crazy..