Google to acquire YouTube for $1.65 billion in stock

Discussion in 'Wall St. News' started by a529612, Oct 9, 2006.

  1. S2007S


  2. i think utube will be around for some time to come and it is already well inbedded in the internet culture. only prob is that i cannot see how it can have a value of 1.7bln. wouldn't have paid more than half a bln.
  3. Adobian


    Heck, it's free to Google, they have tons of stock left to buy more. The executives probably cashed out tons of money already. Maybe some of them sit on the board of YouTUBE. Dejavu here. Only the Google investors gets hurt, if they bought in late :) /
  4. We're gonna party like it's Nineteen-Ninety-Nine...
  5. I think they could of got it a lot cheaper but that does not mean it wont be a good business that makes money for the value they paid. I feel when you have so much money you don’t worry about paying the right price if it fits your plan.
  6. Bingo.

    It's OPM.

    Oops, the corporate pigs did it again.