JDsBlog.com

31 Aug, 2006

YouTube is not for Sale

Posted by: Jason Drohn In: business

How much is YouTube worth?  $1 Billion… $2 Billion…

Well the answer, both of them as of last week.  Monday the website was speculated at $1 Billion.  Friday, after Sony paid $65 million for the far smaller video sharing site Grouper, YouTube’s theoretical valuation had doubled to $2 Billion. 

In little more than 9 months since it has been officially launched, YouTube has done the impossible, becoming a absolute sensation.  The site currently shows about 100 million videos everyday to some 16 million individual users…

Amazing.

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