Google buys YouTube

1.65 billion

http://news.yahoo.com/s/ap/20061009/ap_on_bi_ge/google_youtube;_ylt=Alf2.Og.peHY1gj_bZUWnnys0NUE;_ylu=X3oDMTA3bGI2aDNqBHNlYwM3NDk

bout time someone bought them, but weren’t they big into the negative last year in earning (youtube that is)

wow…heard about this… didn’t know the price yet

i read this over the weekend… figured someone would buy it eventually.

no. but yes.

Youtube is only 19 months old. Or should I say… 19 months popular. It didn’t take off, the first few months of its life…therefore leaving its creators in debt.

and Its pretty impressive that a company less than 2 years old, can be worth 2 billion dollars.

This is going to be a huge moneymaker for google. Especially since they own google video as well.

if you can’t beat the competition, buy them.

google, going to 5 hundo

That’s f’n insane.

badazzss: yep… and 1.65 billion, although in stock, is an amazing deal since google hasn’t actually gone DOWN since it became public. i think it started at around 100, went to 200, split… went back to 250… split… then just kept climbing back to around 425 now…

the youtube creators and board just make a fcking KILLING

I can see it now, “google buys NYspeed for 1.69 billion dollars”
Keep your fingers crossed

bye bye copyrighted video clips.

Bye Bye copywrited videos quicker… They take off most of the illegal stuff…eventually… :wink:

Yeah, but generally if you want to find something on youtube you can. On google vid, you can’t.

I don’t believe google stock has ever split

and it has fluctuated quite a bit

^correct

Dayum!

google is way over priced, it is doomed to fall…hard.

joe you’re right… no splits… coulda swore i saw them split before. well in any event, 5 years ago it came out at $ 100, has had a high of ~$ 475 this january, and is now at a strong ~$ 425… not too bad of an investment over time… especially not if u have 1.6 billion worth. lol

the first time google gets sued into oblivion for copyright BS it’s gonna be ugly. If they get back to around $450 i’d drop it like its hot.

it will go well over 450, and it will stay in the 400’s for a while to come.

you cant think in $, you need to think in %

yea especially at 400 a share…

and its only a matter of time… before google is the internet