08-05-2008, 08:36 PM | #1 |
Join Date: Jan 2006
Location: Seattle, WA
Posts: 10,665
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Why isn't this the worst business model ever?
"As of Q1 2008, YouTube is not profitable, with its revenues being noted as 'immaterial' by Google in a regulatory filing. Its bandwidth costs are estimated at approximately $1 million a day. It is estimated that in 2007, YouTube consumed as much bandwidth as the entire Internet in 2000, and that around ten hours of video are uploaded every minute."
http://en.wikipedia.org/wiki/YouTube Yet Google paid $1.65 billion in Google stock for it.
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08-06-2008, 12:47 AM | #2 | |
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