Google goggles YouTube
p2pnet.net News:- YouTube is fast becoming truly HOT.
Mark Cuban wouldn’t go anywhere near it, but plenty of others would including, it seems, Google, which isn’t all that surprising given its Microsoft-like tendencies to want to own and/or control everything in sight.
“I got an email tonight about a possible Google acquisition of YouTube that may be in the final stages before closing,” posts Michael Arrington on TechCrunch. “Rumored price is $1.6 billion,” he says.
A quick phone call, “confirmed that the rumor is circulating” and the price and in an update, “It looks like Michael Arrington`s report last night that Google is in talks to acquire YouTube may have been more than what he called ‘40% likely to be at least partially true’.”
Why’s that?
The Wall Street Journal says talks are in fact underway, according to “a person familiar with the matter,” the talks, “are in early stages and could break off.”
And the WSJ reports the same price as Arrington, to wit, $1.6 billion.
Stay Tuned.
Also See:
anywhere near it – Is YouTube on the skids?, October 4, 2006
TechCrunch – Completely Unsubstantiated Google/YouTube Rumor, October 6, 2006
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October 6th, 2006 at 9:29 pm
…ain’t enough?
October 7th, 2006 at 9:59 am
How Much Would Founders and VCs Make on A YouTube Sale?
YouTube may be wanting to sell because there are so many questions about its future.
How much would everyone make if YouTube sold today?
If the company sold at $1.5 billion, assuming the rule of 3, i.e. VCs own 1/3 and Founders own 1/3 and employees own 1/3, then here is what everyone would make:
Sequoia Capital – $500 million. They invested about $30 million So, that would be 16x their money. Not bad. Not a Google homerun, but great for less than two years worth of work.
More …
http://mrwavetheory.blogspot.com/2006/10/how-much-would-founders-and-vcs-make.html