Google Purchases Youtube for $1.6 billion
Probably everybody already heard about it already, but I’ll post it again: Google purchases Youtube for $1.6 billion. Youtube is the immensely popular video site that since february last year has grown spectacularly. I remember that I tried it out probably soon after it launched. I was looking for a flickr for video. Youtube was not a great site back then, it was written in crappy PHP and I got lots of PHP error messages as I used it. Now it’s sold for $1.6 billion, who would’ve thought…
Some sources say Youtube has a bandwidth bill of $1 million a day, which sounds crazy to me, other sources say it’s a couple of million a month. Still quite a big number. In that sense Google is a good buyer, they have plenty of infrastructure and are used to these amounts of traffic.
Much more on the deal can be found on the different posts on TechMeme.
Mario said,
Wrote on October 10, 2006 @ 3:40 pm
And suddenly the delicious or even the myspace deals looked small …