An intersting article over at the the register about google buying youtube being moronic!
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He’s some interesting quotes that court my attention.
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Still, champagne glasses were clinking last night in one corner of an incestuous Silicon Valley company. Sequoia Capital, the sole investor in YouTube, has seen its $11.5m investment increase 140-fold. So not a bad day for Google Board member Michael Moritz, a partner at Seqoia Capital.
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More…
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The world’s biggest record company, Universal Music Group (UMG), and the second biggest Sony BMG, will license material to YouTube, we learned hours before the Google deal was officially confirmed. The UMG partnership sounds great on the surface, but less so on closer examination.
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and more
http://www.theregister.co.uk/2006/10/10/google_youtube_analysis/
Enjoy 😀
