I guess YouTube is using the tried and true method of making money on the Internet...cashing out. With (only) $11.6 Million in VC money, $1.6 is a nice pay day.
Link: Google in talks to buy Web video site YouTube: report - Yahoo! News.
Google in talks to buy Web video site YouTube: report 2 hours, 55 minutes ago NEW YORK (Reuters) - Internet search leader Google Inc (Nasdaq:GOOG - news) is in talks to buy popular Web video site YouTube Inc. for close to $1.6 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter.
i like google and i'm happy to be a menber of google
Posted by: rege | October 24, 2006 at 09:33 AM
It's so funny that Yahoo is the one who reported this news.
Kevin
Posted by: dermatology emr | August 13, 2010 at 09:22 AM
Thanks, I'm going to have nightmares tonight.
Posted by: justin bieber supras | October 13, 2011 at 10:25 AM