Google to buy YouTube for 1.6 billion ?
Scoble ("It’s the access to a group of people who won’t move anywhere else."), John Battelle ("...the most logical candidate for acquiring YouTube was Google.") and Om Malik ("...haven’t we heard this story before...") react on the latest rumor regarding Google - YouTube deal.
My 2 cents: I think YouTube has 2 choices either to sell itself for $1.5 - 2 billion now or to try and become something bigger (like eBay for example) and try to get tens of billions capitalization and go for the IPO. If YouTube just continue with the dynamics it has today it will catch MySpace current internet share in less than a year and if this happen it will definitely change the point of reference. In any case YouTube still has a lot space to grow technologically and online.
What do you think ?
Update: here is YouTube taking over internet market share (nearly 1% overall currently):
Update: Sold - 10/09/2006 (1.65 billion).
Saturday, October 07, 2006 4:42 AM
