YouTube Owners Video Response To Acquisition
October 10th, 2006 by e-tech
YouTube owners and now millionaires (reports suggest they each made a cool $ 100-200 million) Chad and Steve did a short video response of their acquisition by Google Inc.
Here it is:
Posted in YouTube, Video, Google, Technology
October 13th, 2006 at 5:53 pm
Youtube is a business that probably cost $2m a month to run (mainly bandwidth,server bill and salary for 56 staffs). This is around $25m to run, at the very least. It is unlikely to make anything close to that number at the moment, so looks like google is going back into dot com mood now and the google’s shareholders are the only one who will be paying for this. Similarly ebay paypal and skype will probably never break even either.
Glad for youtube owner though.. They have did it!
October 13th, 2006 at 6:11 pm
Yup, the owners scored big.
I think Google with all it’s know how will make Youtube profitable..i’m just waiting to see how they do it..should be intresting