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youtube worth $1Billion?

July 26, 2006

this is why calliope is great. Users can post videos and photos, and ads can be displayed before the photo or video based on the content of the video/photo (which you get from the tag).

Original story here: http://money.cnn.com/blogs/browser/index.html#115381173993334004
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Tuesday, July 25, 2006
Can YouTube fetch $1 billion?
How much could popular online video website YouTube sell for? A cool billion dollars, says the New York Post. In your dreams, says Business 2.0 columnist John Battelle– the big media companies are too afraid of the copyright lawsuits plaguing YouTube, and Google in particular doesn't understand how to run a community-driven website like YouTube. Techdirt says YouTube's following in the hype-driven footsteps of Skype, which managed to score a massive payday by floating a billion-dollar price tag for the company — and then tripling it to $3 billion when nobody bit. That managed to land Skype a $2.6 billion payday from eBay, so the strategy seems to have worked.

Then again, Skype didn't have YouTube's problems — which include restive users and a brouhaha over the rights that YouTube claims on every video that's uploaded to its service. What's worse–according to Valleywag, which cites a YouTube insider–YouTube's in-house ad salespeople didn't bring in a single dollar of revenue last month. Is that what you get for a billion dollars these days?

Tell us what you think the future holds for YouTube — leave a comment below.

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