Did Google Pay Too Much for YouTube?

Did Google Pay Too Much for YouTube?

The landmark announcement on October 9 that Google would aquire Youtube for $1.6bn in stock has rocked the internet video world. Predictably there has been alot of discussion about the deal – ALOT – but how does one decide if they paid too much..?!? When the rumors started swirling around, thanks to a post on TechCrunch, we came across this cool little app., according to it’s calculation indeed Google seems to have paid about 6x more than it should have. Then again everyone thought Microsoft paid way too much for Hotmail back in the day.. but now the companies book value shows it to be worth several times more.

Time will tell but this much is clear now; internet video has finally hit main-stream and we are def. in the early stages of bubble 2.0 so best cash-out while you still can. Wonder how long it will take to incorporate other product into the GooTube platform.. 8-)

Sorry for the post lag – we needed some offline rehab time to ‘breathe’

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By engadget Tags : 2010, box, companion, google, io, logitech, tv