Et Tu, YouTube?
I spritzed my archival Dr. Pepper when I saw that Team Blofeld (aka Rupert the Ripper) had picked up MySpace for a paltry $580 million. Imagine my utter lack of shock when, a whopping three weeks later (I am not kidding), they turned it into an ice-cold $900 million from Google.
Now the nanobot number crunchers are turning to the other gorilla currently weighing in at 800 pounds. YouTube, you’re on (via SlashDot):
What Could YouTube Be Worth?
Posted by Zonk on Thursday August 24, @09:34PM
from the to-the-highest-bidder dept.An anonymous reader writes “C|Net has a story about the possible cost of YouTube. Sony just paid $65 Million for small-time videosharing outfit ‘Grouper’. That site has around 1% of the videosharing market. The article asks, at that price, what might YouTube’s 43% be worth?”
From the article: “Entertainment analysts have predicted in recent weeks that sites with large followings would command a high price. The Sony deal proved them right. But while the Grouper deal helped establish a benchmark, there is still plenty of confusion about the fair value of online video companies. This is because the typical metrics for measuring a company appear to have gone out the window–just like they did during the bubble years of the late 1990s.”
I have a calculator that tells me we’re looking at roughly a $2,795,000,000 price tag. And that’s without the sunroof.
Woohoo! Take me back, baby! Show! Me! The free soda!!!
