Archive for October 12th, 2006

google buys youtube, man buys overly extravagant car

12Oct06

People think Google is crazy for paying $1.65 billion for YouTube. Either because YouTube has a lot of illegal crap on it that makes it a litigation liability or because YouTube exhibits one of those dotcom boom flaws: lots of hits, lots of “cool,” but no business model for generating revenue. But don’t […]


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