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Tuesday, October 10, 2006
Am in the valley when things finally got sealed. So everybody is talking about this. One way or other –this is the most talked about thing . For supporters of the deal, this has to be seen in the context of Yahoo paying just under $3 billion to buy GeoCities, Lycos got scooped up for $12.5 billion, Excite got sold for just above $7billion. I am humbled given my strong views published earlier. People say in the party – valuations are done based on what the next generation wants and not yours – but my question is these need to get paid today!! There are thoughts that Youtube may face difficulties similar to what Napster faced in the past. Mark cuban is surprised as well. Focus now shifts towards who made how much.
Category :YouTube |
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