Just heard this on the news while driving down from the mountain. Don’t you wish you were so clever? These youngsters have been in business for less than 20 months!!
YouTube will continue to retain its brand, as well as all 67 employees, including co-founders Chad Hurley and Steve Chen. The deal is expected to close in the fourth quarter of this year.
“I’m confident that with this partnership we’ll have the flexibility and resources needed to pursue our goal of building the next-generation platform for serving media worldwide,” said Hurley, YouTube’s 29-year-old CEO. [u]ABC[/u]
Jeepers Nellie. Couldn’t believe the number…thought maybe the “B” in billion was a typo. It isn’t. And to think…they started out above a pizzeria… It’s a mad mad mad mad mad world. It’s a stock-for-stock deal, no cash, but still…I wouldn’t mind having about a billion and a half in Google stock.
I’m wondering if they plan to start charging a fee for membership. Other news articles mention that Google isn’t ruling out any money-making opportunity. Hmmm…
I was looking at some of the stats recently for sites like MySpace, etc. It seems that kids under 18 are in the minority on these type of sites, with people in their 20s, 30s, 40s making up the majority of members. I wonder what the stats are like for YouTube - posters, readers, etc. ?
