Last Updated on October 16, 2006 by stlplace
Google buying YouTube is a big news for the web 2.0 community. Its effect is felt more than that (I got two emails from friends regarding this :-). Interestingly, I recalled just a few weeks ago, Mark Cuban, the outspoken billionare investor (who made a fortune in the 90s dot com era), said “anyone who buys YouTube is a moron”. Now Google buys it. So according to his comments, and a little bit reasoning, Google is a xxx. Just kidding. When Cuban made this comment, he meant the potential lawsuit fallout because the copyrighted materials are all over the YouTube. And I believe there is some merits to his comments. But Google guys are not crazy either. As matter of fact, they have probablly the smartest people both in business and technology (and laws maybe). There are lots of analysis regarding why/how YouTube thrived amid all these competitions. Or how lucky they are ($1.65 billion payout). But I am not going there. I think they are genius, both with their technology and business model. But they would not accomplish without the “nothing to lose” attitude. Why would I say that?
About 6 months ago I found out YouTube from another web site. It’s a video titled Meat on a stick (lamb kebab, 羊肉串).
