At around 10/10/06 1:17 pm, Jim Devine wrote:
> any thoughts on Google's purchase of YouTube (if I can bring this
> topic up via Google's gmail)? Is it possible that the high price is
> the sign of bubblish financial markets?
>
I just don't get it, from a non-economist perspective. What is the value
of YouTube? It's not the content... it's user contributed and mostly
copyrighted material anyway that Google may have to abandon. There is no
eyeball lock-in. There is no technology barrier. It feels like a
decision out of the old .com days.
--ravi
