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Archive For: October 9th, 2006

We love the web.

Google aquires youTube

Google and YouTubeLooks like Google has pulled the trigger on their YouTube bid: 1.65 Billion in stock has bought Google the company that proved social video could work on the web. YouTube’s purchase and subsequent transformation from past status as venture capital dependent startup to its future as a legitimate Google subsidiary will likely go down as a major event in the web history.

There are a plethora of question left over from YouTube’s days as a swinging single: how will copyrighted materials be treated? What about their $1 million per month bandwidth bills? What are they going to call this adopted child? If there’s thing we’ve learned from the tech sector’s mega-players it’s that you can solve almost any problem with money.

Gobs and gobs of money.

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